Former Sen. Santorum to make important announcement Monday

Former U.S. Senator Rick Santorum (R-PA)  is preparing to make a major announcement regarding the  2012 campaign for President of the United States on Monday, June 6, 2011 11:00 AM ET This nationally covered event will be held in front of the Somerset County Courthouse 111 East Union Street Somerset, PA 15501 (located less than […]

Moody’s Issues Warning: Credit Rating Will be Downgraded Without “Substantial Deficit Reduction”

Washington, DC —Leading investment agency Moody’s warned the U.S. government Thursday that its sterling credit rating could be downgraded in the next few weeks if there is no progress in Washington on reaching a deal to increase the nation’s borrowing limit. Moody’s Investor’s Service said it would place the government’s Aaa rating under review for […]

Senator McConnell speaks out on the Budget

Washington, D.C. – U.S. Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor Tuesday regarding the lack of a budget proposal by Senate Democrats: “Sometime before the end of this week, Democrats in the Senate will have wrapped up their efforts for the current work period and flown home for the Memorial […]

Medicare Trustees report deteriorating financial conditions

The just released 2011 Medicare trustees report does not contain any big surprises. Much of what the trustees say in this report they have said before: Medicare poses enormous challenges for patients and taxpayers alike, and its financial condition continues a downward slide. Some key findings: Medicare’s unfunded obligations increased by $2 trillion. A key […]

Senator Toomey reveals plan to Balance Budget

How to Balance the Budget and Create Long-Term Growth My plan to solve our debt crisis. As I traveled across Pennsylvania last year, I promised Pennsylvanians that I would dedicate myself to two key priorities in the United States Senate: restoring economic growth and private-sector job creation, and putting our federal government on a sustainable […]