by Jane Richey | Feb 26, 2013 | Fiscal Responsibility, Politics
President Barack Obama won’t have to worry about his paycheck if the spending sequestration included in the Budget Control Act that he signed into law in 2011 begins taking effect this Friday. A report published last month by the Congressional Research...
by Jane Richey | Feb 26, 2013 | Fiscal Responsibility, Politics
Why would federal agencies cut their most vital assets instead of trimming around the edges? After all, the sequestration cuts are only 2.4 percent of federal spending. Take a couple of examples. President Obama said that “Air traffic controllers and airport security...
by Jane Richey | Feb 26, 2013 | Politics
Obama’s political team wants to raise $50 million to push his agenda: Organizing for Action has been set up as a tax-exempt “social welfare group.” That means it is not bound by federal contribution limits, laws that bar White House officials from soliciting...
by Jane Richey | Feb 26, 2013 | Fiscal Responsibility, Politics
Inflation-adjusted per capita federal spending went up $822.90 from fiscal 2008 to fiscal 2012, according to official data from the U.S. Treasury and the Census Bureau. Real federal spending also increased $2437.64 per household between 2008 and 2012. In constant 2012...