by Jane Richey | Dec 11, 2013 | Fiscal Responsibility
Many had high hopes that the first budget conference in four years would make a substantial down payment [1] toward fixing the U.S. spending and debt crisis. The new “Bipartisan Budget Act [2]” thoroughly disappoints. While we dig through the details for a more...
by Jane Richey | Jun 17, 2013 | Fiscal Responsibility, Politics
Governor Corbett’s fiscal year 2013-14 budget proposal includes a tax reform package aimed at “improving Pennsylvania’s tax climate by reducing tax burdens that inhibit job creation and economic growth.” The centerpiece of this proposal is a...
by Jane Richey | Jan 28, 2013 | Uncategorized
Under recently passed legislation, Congress has until March 1 to agree on deficit reduction, and if it doesn’t, the Defense Department will be forced to cut $55 billion every year through 2021, and the same amount ($55 billion) automatically would be cut in...
by Jane Richey | Jan 23, 2013 | Fiscal Responsibility, Politics
Speaker John A. Boehner of Ohio is sticking by his “no budget, no pay” proposal, despite some griping within his conference that the plan is no good, and he seems to be bringing much of the conference along with him. In his first news conference of the 113th Congress,...
by Jane Richey | Jan 19, 2013 | Fiscal Responsibility, Politics
Leaders of the most conservative bloc in the House Republican Conference are backing leadership’s plan to increase the debt ceiling for three months, even though the increase has no concrete spending cuts attached to it. In exchange, conservatives have won assurances...
