by Jane Richey | Jun 17, 2013 | Constitutionally Limited Goverment, Fiscal Responsibility
From the Heritage Foundation: Remember the debt? That $17 trillion problem? Some in Washington seem to think it’s gone away. The Washington Post reported that “the national debt is no longer growing out of control.” Lawmakers and liberal inside-the-Beltway...
by Jane Richey | Jun 5, 2012 | Fiscal Responsibility, Free Markets
U.S. debt is on track to be nearly twice the size of the U.S. economy by 2037, the nonpartisan Congressional Budget Office (CBO) warned Tuesday. The new CBO report states that increased entitlement spending driven by the retirement of the baby boomers and insufficient...
by Jane Richey | May 15, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
President Obama’s fiscal 2013 budget proposal would double the interest rate on federally backed student loans from 3.4 percent to 6.8 percent–eight months after the November presidential election. The White House fiscal year 2013 plan calls for...
by Jane Richey | May 2, 2012 | Constitutionally Limited Goverment, Free Markets
Last week, the total amount of debt emanating from student loans in the U.S. reached $1 trillion. With the Great Recession still present in the daily lives of the middle class, salaried jobs for college graduates are tough to come by. Many have had to settle for...
by Jane Richey | Mar 8, 2012 | Fiscal Responsibility, Free Markets
Recent decisions by the Federal Reserve, intended to keep interest rates low, will hurt taxpayers in the future, according to Duquesne University economist Antony Davies. The Fed bailed out financial institutions in 2009, and chairman Ben Bernanke has continued to...