In response to President Obama’s press conference last week, House Majority Whip Steny Hoyer (D–MD) claimed, “Clearly we need additional [spending] cuts. But…revenues have not… Read More
As the nation pushes into another debt ceiling debate, an AP-GfK poll released last week found that 39 percent of Americans think any debt ceiling… Read More
The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from… Read More
Is President Obama channeling Juan Perón? The President does seem to have a few things in common with the political descendants of the late Argentine… Read More
India’s consumers might have been jealous of King Midas’s touch. The country’s historical affinity for gold has reached new extremes thanks to a weak economy,… Read More
Did you notice how your paycheck shrank in January? The expiration of temporary payroll tax cuts boosted marginal tax rates about two percentage points for… Read More
Late last year, while conservatives were still coming to terms with the re-election of President Obama, something remarkable happened in Michigan. A state that is… Read More
All across America, families are balancing their budgets and even paying off debt. Since the financial panic of 2008, personal debt has fallen as Americans… Read More
Despite all the handwringing, it appears that President Barack Obama will get what he wanted in his excessive $60.4 billion request related to Hurricane Sandy…. Read More
EconomyNews
China’s 2012 official economic numbers are due out at the end of this week and I, among others, will gently suggest that they aren’t particularly… Read More
Yesterday, President Obama accused his opposition in Congress of threatening to “default” on America’s loans in order to make a political point. I am not… Read More
The latest trade deficit figures are out, and like always, most reporters fail to accurately explain what these numbers mean. During the past 10 years,… Read More
More than 41 percent of the U.S. population is “enrolled in at least one federal assistance program,” adding tens of billions of dollars to the… Read More
EconomyNews
You may be wondering whether anyone, after all, went over the fiscal cliff at the end of December. News reports about Congress’s last-second legislation certainly… Read More
Africa’s progress in Heritage’s 2013 Index of Economic Freedom remains stagnant. Though making progress last year, with an average score gain of 0.2 points, the… Read More
The new crop of nominees for President Obama’s Global Development Council need look no further than The Heritage Foundation’s just-published 2013 Index of Economic Freedom… Read More
When we talk about “economic freedom,” what do we mean—and why does it matter? Economic freedom is the fundamental right of every human to control… Read More
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… Read More
While you were sleeping—or ringing in 2013—the Senate voted to raise taxes. After missing the midnight deadline, Congress and the President have technically sent the… Read More
EconomyNews
The government has maxed out its credit card again, mortgaging America’s future with yet more debt. Obama Administration Treasury Secretary Timothy F. Geithner, in a… Read More
Christmas arrives this year at a time when our nation is on the brink of the fiscal cliff. With time running out for President Obama… Read More
“When you can’t make them see the light, make them feel the heat.” President Ronald Reagan’s sound advice rang true yesterday. Grassroots activists and conservative… Read More
Later today the Republican-led House of Representatives will vote on “Plan B,” the latest unsatisfactory proposal put forward by Speaker John Boehner (R-OH) to avoid… Read More
This time last year President Obama said of the pending expiration of the payroll tax cut, “It may be that there’s [sic] some folks in… Read More
Too often, government policies designed to ameliorate a general problem merely benefit a special interest. A case in point, highlighted by Binyamin Applebaum on the… Read More
House Speaker John Boehner (R-OH) and Republican leaders have done it once again. Their latest fiscal cliff proposal capitulates on core conservative principles, yielding woefully… Read More
The Hurricane Sandy relief bill racing through the U.S. Senate is a perfect example of the spend-now-save-later practices that are driving the government deeper in… Read More
Conservatives won an enormous victory in Michigan last week. The state just passed a right-to-work law that makes union dues voluntary. Starting next year, union… Read More
What will the tax hikes of January 1, 2013, mean to real Americans? Let’s say you are a black woman who has a rewarding, though… Read More
This week, President Obama and House Speaker John Boehner (R-OH) have been trading secret offers on the fiscal cliff. Last night, they met for nearly… Read More
