EconomyCommentary
Tax Reform: Dynamic Analysis Is Vital
The House Ways and Means Subcommittee on Select Revenue Measures held a hearing recently about the importance of dynamic scoring of tax reform. Tax reform… Read More
EconomyCommentary
Unions Lose and the Public Wins Big in Wisconsin
Gov. Scott Walker of Wisconsin had quite a good day on July 31 when the state supreme court upheld not only Wisconsin’s voter ID law, but… Read More
EconomyNews
City Will Let Voters Decide on $12.25 Minimum Wage Hike
Councilmen in Oakland, Calif., rejected an increase in the city’s minimum wage, opting instead to let residents vote in November on a plan to hike the rate… Read More
EconomyCommentary
Could You Soon Lose Your Job to a Robot?
Is the increasing automation of our economy a threat to American wages and jobs? Should the American worker fear the rise of the robots? No,… Read More
EconomyNews
City OKs $100,000 in Taxpayer Money to Lure ‘The Bachelor’
SANTA FE, N.M.—“The Bachelor” is one of television’s highest-rated shows. But for taxpayers such as Jill Meyer, the decision by the Santa Fe City Council to commit… Read More
EconomyCommentary
Ignore the Rhetoric: The Ex-Im Bank Is Risky and Inefficient
The most successful lobbyists in the nation’s capital are masters of masquerading propaganda as fact. Repeat even outright falsehoods with a modicum of conviction, and… Read More
EconomyCommentary
Obama Totally Flip-Flopped on This Issue
President Obama today on his support for reauthorizing the Export-Import Bank: “We will lose business. And we will lose jobs if we don’t pass it.”… Read More
EconomyCommentary
Letterman Mocks: ‘Congress Is Now Getting Ready To Take a Month Off. From … What?’
“They need to recharge their batteries for another year of gridlock.” >>> How Gridlock Is Stopping Congress From Making a Better Federal Budget
EconomyAnalysis
Jobs Report: The Status Quo Remains the Same
On the jobs front, it’s a story of not much better and not much worse. The Bureau of Labor Statistics’ July employment report shows middling… Read More
EconomyCommentary
Do Large Banks Enjoy a Subsidy? GAO Wavers
The Government Accountability Office (GAO) has released a new report that examines whether “too big to fail” banks enjoy a cost advantage over smaller banks… Read More
EconomyNews
Lawmaker Moves to Tax Sugary Drinks
A Connecticut lawmaker hopes to open another front in the war on childhood obesity and diabetes. On Wednesday, Rep. Rosa DeLauro, a Democrat, introduced a… Read More
EconomyNews
Milton Friedman’s 7 Most Notable Quotes
Harry Truman once complained he wanted to find a one-handed economist because he was tired of asking a direct question of those on his economic team,… Read More
EconomyCommentary
HTF: Lame Duck Would Deprive Congress of Real Debate
The U.S. Senate must be suffering from lame duck amnesia. In last night’s debate on a Highway Trust Fund (HTF) patch, it approved an amendment… Read More
EconomyCommentary
Portman Proposes Reforms for Social Security and Medicare
Senator Rob Portman (R–OH) proposed reforms to Social Security and Medicare in The Wall Street Journal last week. Reforms to both programs “can not only… Read More
EconomyCommentary
VA Compromise Bill Ignores Budget Rules and Employs Gimmicks
The chairs of the House and Senate Veterans Affairs committees made a deal on Monday to authorize $15 billion in additional spending in response to… Read More
EconomyInternationalCommentary
Ex-Im Bank: Unilateral Disarmament a Poor Excuse
One argument keeps coming up in favor of reauthorizing the Export-Import Bank (Ex-Im) is that letting the bank expire would amount to unilateral disarmament. This… Read More
EconomyNews
Lawmaker Who Backed Export-Import Bank in 2012 Now Says He’s Undecided
Rep. Mike Kelly, R-Pa., who previously voted to reauthorize the Export-Import Bank, told The Daily Signal this week he’s undecided about whether he’ll support the bank this time… Read More
EconomyNews
Obama Administration Halts Export-Import Bank Deals With Russia
The Export-Import Bank announced today it would halt financing deals with Russia and Russian companies. The Department of Treasury notified House Financial Services Chairman Jeb… Read More
EconomyNews
Fired Export-Import Bank Official Pleads the Fifth at Hearing on Corruption, Fraud
An Export-Import Bank official who was fired on suspicion of taking cash in exchange for helping a Florida company obtain financing cited his Fifth Amendment… Read More
EconomyCommentary
Can Higher Payroll Taxes Fix Social Security?
The Congressional Budget Office (CBO) analyzed several different payroll tax proposals to shore up Social Security’s finances, and the results are not very appealing. The… Read More
EconomyCommentary
Capitalism: Good for Michael Moore and Good for You, Too
Filmmaker Michael Moore has been entangled in a messy divorce for some time, and some of the findings revealed as a result of the divorce… Read More
EconomyNews
Export-Import Bank Goes Under the Microscope for Allegations of Fraud, Corruption
Lawmakers will examine allegations of fraud and corruption at the Export-Import Bank today as a House subcommittee probes the embattled agency’s operations. Led by Rep…. Read More
EconomyCommentary
’Lame Duck’ Is Not the Time for a Highway Bill
This week the Senate will debate a House-passed bill to pay for federal highway and transit programs through May 31, 2015. Sen. Barbara Boxer, D-Calif.,… Read More
EconomyNews
Government Agency Faces Heat for Blocking New Sunscreen
Before lawmakers adjourn for August recess, they’re expected to vote on the Sunscreen Innovation Act (H.R. 4250), designed to streamline the Food and Drug Administration’s… Read More
EconomyNews
Virginia Senate Candidates Spar Over Reauthorizing Export-Import Bank
As Virginia’s race for the U.S. Senate heats up, the Export-Import Bank has emerged as a key difference between incumbent Democratic Sen. Mark Warner and… Read More
EconomyCommentary
Social Security Report: Massive Deficits Increase Unfunded Obligation by $1.1 Trillion
Today’s release of the 2014 Social Security Trustees Report shows its programs’ finances are in dire need of reform if the programs are to provide… Read More
EconomyNews
Frustrated With Federal ‘Bullying’ Over Mouse, Ranchers Take Their Case to Congress
The battle over the meadow jumping mouse moved has from New Mexico to Washington, D.C. Ranchers who complain the federal government is acting with a… Read More
EconomyCommentary
How Culture and Opportunity Are Intertwined
The character of our culture has a lot to do with opportunity in America. I learned early on, from personal experience, that these two notions… Read More
EconomyNews
Liberal Politicians Spend a Week Living on Minimum Wage
Can a person survive on $77 a week? Former Ohio Gov. Ted Strickland and Rep. Tim Ryan, D-Ohio, are going to try. The liberal advocacy… Read More
EconomyCommentary
Hair-Brained Restrictions: Licensing Hurts Entrepreneurial Women
All Melanie Armstrong wanted to do was braid women’s hair for a living. African hair-braiding is not easy, but it is not medicine, law or… Read More
