by Jane Richey | Dec 4, 2012 | Fiscal Responsibility, Politics
Here are two things to keep in mind with regards to Boehner’s budget offer. First, when you begin negotiations agreeing to 60% of the demands of the other side and fail to offer a bold contrast on the other 40%, you are headed for an outcome that is 80-90% favorable...
by Jane Richey | Nov 8, 2012 | Fiscal Responsibility, Politics
On December 31, 2012, a large swath of the federal income tax code is scheduled to expire, an event which has come to be known as the “fiscal cliff.” Among the expiring provisions are the 2001 and 2003 tax cuts enacted under President Bush, a compromise on the estate...
by Jane Richey | Jun 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
Ask anyone who owns a business what happens if you borrow and spend more than you take in as revenue. After your listener has a good chuckle, she will undoubtedly tell you that you won’t have that business for very long. Then ask her what happens if the...
by Jane Richey | Mar 5, 2012 | Fiscal Responsibility, Politics
A small, bipartisan group of lawmakers in both the House and Senate are secretly drafting deficit grand bargain legislation that cuts entitlements and raises new revenue. The core House group of roughly 10 negotiators is derived from a larger Gang of 100 lawmakers led...
by Jane Richey | Mar 3, 2012 | Fiscal Responsibility
really, is a balanced budget necessary? The answer will largely depend on who is being asked the question. Ask Barack Obama, Nancy Pelosi, or Debbie Wasserman-Shultz, and all of them will, in an almost Pavlovian reflex, respond with “No! We need government...