by Jane Richey | Feb 13, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
President Barack Obama’s proposal to raise the minimum wage to $9 an hour from the current $7.25 would harm the economy, some Republicans said Tuesday after the State of the Union address. “If you raise the minimum wage, the inevitable effect will be, number one,...
by Jane Richey | Feb 13, 2013 | Uncategorized
The average price of a gallon of gas has increased 96 percent since President Barack Obama first took office in 2009, according to figures from the Energy Information Agency (EIA). According to EIA data, the average price of a gallon of regular unleaded gasoline in...
by Jane Richey | Feb 13, 2013 | Fiscal Responsibility, Politics
Congressional Budget Office Director Douglas Elmendorf said that unless Congress gets the federal budget under control, stimulus spending policies will be a “drag” on the economy in the future as the government struggles to pay the increased debt. “If cuts in taxes or...
by Jane Richey | Feb 13, 2013 | Fiscal Responsibility, Politics
In President Obama’s most expensive and widest ranging State of the Union Address yet, his proposals weighed in at $83.4 billion worth of quantifiable agenda items, according to National Taxpayers Union Foundation’s (NTUF’s) annual line-by-line analysis of the...