by Jane Richey | Aug 22, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Congressional Budget Office (CBO) predicts that if tax rates rise in 2013 as scheduled, the economy will fall back into recession, shrinking by 0.5 percent in 2013. CBO made the prediction in its annual summer budget update Wednesday. “But the sharp increases in...
by Jane Richey | Aug 1, 2012 | Fiscal Responsibility, Politics
The House approved GOP legislation late Wednesday that would extend all current tax rates for another year, and also turned away a Democratic bill that would have allowed rates to rise for higher income earners. The Job Protection and Recession Prevention Act was...
by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Freeze. Grow. Fix. The fact is too many people are worried about their jobs. Their personal finances are uncertain. And looking beyond the immediate crisis to the horizon, we’re all wondering what kind of life we are leaving our children and grandchildren. We are...
by Jane Richey | Jul 18, 2012 | Constitutionally Limited Goverment, Free Markets
House Minority Whip Steny Hoyer (D-Md.) said Tuesday that food stamps and unemployment insurance are the two “most stimulative” t things you can do for the economy. During a pen and pad briefing with reporters on Capitol Hill, Hoyer was asked if any...
by Jane Richey | Jul 17, 2012 | Constitutionally Limited Goverment, Politics
Business and farm groups are making a determined effort to rein in the estate tax before it expands significantly at the end of the year. Thanks to a deal approved in late 2010, the estate tax is among a long list of fiscal issues awaiting action from Congress,...