by Jane Richey | Jan 2, 2013 | Fiscal Responsibility, Politics
Representative Nancy Pelosi (D-CA) called it “a happy start to a new year.” That probably tells you all you need to know about the fiscal cliff deal that passed the House last night. The bill—which President Obama has promised to sign, though he took off for Hawaii...
by Jane Richey | Aug 20, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
A provision of President Obama’s health care law imposes a second Medicare tax on investment income for Americans classified as wealthy, effectively raising taxes on investment income and taxing investors twice. The provision, a little-known part of ObamaCare, levies...
by Jane Richey | Aug 8, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Ben Bernanke, speaking to a conference of financial and economics school teachers, said that too-big-to-fail banks were one example of the combination of government and market failures that can hurt the economy. “Finally, I’d mention the too-big-to-fail problem, which...