Carbon Tax a Recipe for Economic Disaster
Hopefully, one half-baked idea will be off the fiscal cliff negotiating table: a carbon tax. While it seems that both Democrats and Republicans are becoming… Read More
Crucial Vote Today on Human Rights Bill
Today, the lame-duck Senate is considering the Russia and Moldova Jackson–Vanik Repeal Act of 2012. The bill’s language contains the language known as the Magnitsky… Read More
Brazil’s Corruption Holds Back Economic Freedom
Fresh charges of corruption are shaking up the Workers Party of Brazilian President Dilma Rousseff, as The Wall Street Journal reported last week. Reforms are… Read More
Morning Bell: Obama Wants Power to Raise Debt Limit By Himself, Anytime
President Obama wants to do away with Congress when it comes to raising the country’s legal debt limit. Instead of getting permission from the people’s… Read More
Even Baseball Players Are Watching the Fiscal Cliff
The fiscal cliff is getting closer by the day, and it’s not just Washington wonks who are noticing. Even baseball players are on fiscal cliff… Read More
Costco to Pay Out Big Dividend Before Obama Tax Hikes Hit
Add Costco co-founder Jim Sinegal to the list of corporate allies of the Obama Administration whose rhetoric and actions contradict one another. Speaking at the… Read More
Normal Trade Relations with Russia: We’re Almost There
On August 22, after almost 20 years of negotiations, Russia became the 156th member of World Trade Organization (WTO). Regrettably for the U.S., Russia has… Read More
Morning Bell: House Republicans Cave on Tax Increases and Punt Entitlements
When President Obama put forth his first offer on the fiscal cliff, House Speaker John Boehner (R-OH) said, “You can’t be serious.” We could say… Read More
Fiscal Cliff: House Republican Proposal Abandons Core Principles, Gains Little
The House Republican leadership has offered a substantive counteroffer to President Obama’s frivolous fiscal cliff proposal of last week. At first blush, it appears little… Read More
Farm Subsidies Hurt the Poor Worldwide
Got milk? The European Parliament sure does. European dairy farmers were in Brussels this week to protest proposed changes in dairy regulations. Protestors doused the… Read More
Fiscal Cliff: Will Obama Stop Kicking the Can Down the Road on Entitlements?
Even with the President’s desired tax hikes, publicly held debt would rise by $7.7 trillion in 10 years under the President’s budget. That’s right: Our… Read More
Morning Bell: 6 Fixes to America’s Fiscal Crisis
President Obama made his first offer to congressional Republicans yesterday in negotiations over the “fiscal cliff”—an economic catastrophe of tax hikes just a few weeks… Read More
Lunch with Heritage Google+ Hangout on the Fiscal Cliff
While we are poised on the edge of a “fiscal cliff,” there are things the President and Congress can do to move us away from… Read More
EconomyNews
Morning Bell: The Danger of International Internet Regulation
Regulating the Internet is something Americans have resisted here at home. Now that fight is going global. The United Nations—of course—has an agency that oversees… Read More
Morning Bell: 4 Reasons Warren Buffett Is Wrong on Tax Hikes
Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should… Read More
Avoiding a Debt Crisis, Eh? Lessons From Canada
Congressional lawmakers met last week to try to hammer out a deal to avert the fiscal cliff. Democrats insist on revenue increases as part of… Read More
Morning Bell: Should We Pay Government Employees More?
Federal employees—who work on average a month less than private-sector workers and get paid more—are lobbying for higher pay. Government unions know that Congress is… Read More
Morning Bell: Can Hostess Save the Twinkies from the Union?
Taking down the Twinkie. Clogging Wal-Mart parking lots on Black Friday. Messing with a major airport on the day before Thanksgiving. If unions are trying… Read More
232 Business Leaders Urge Obama, Congress to Reform Entitlements
A letter from 232 multi-industry organizations, in conjunction with the U.S. Chamber of Commerce, is calling on President Obama and Congress to restructure the nation’s… Read More
“I, Pencil: The Movie”
How does a pencil represent what Adam Smith called “the invisible hand” of the free market? A new film by the Competitive Enterprise Institute has… Read More
After the Hurricane, a Supply Crisis from Price Controls
In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from… Read More
Morning Bell: The Fiscal Cliff and Beyond
In Washington, there is one issue on everyone’s minds: the “fiscal cliff.” With time running out before a massive tax hike strikes on January 1,… Read More
The Sergei Magnitsky Act and Human Rights
Senators Ben Cardin (D–MD) and Jon Kyl (R–AZ) have joined together to sponsor a modern piece of human rights legislation, the Sergei Magnitsky Rule of… Read More
What Are Economists Really Saying About Tax Rate Increases?
On Friday, Representative Pete Sessions (R–TX) and House Speaker John Boehner (R–OH) ran afoul of Glenn Kessler’s “Fact Checker” blog regarding a study of President… Read More
Report: France Needs Shock Therapy to Jolt Its Economy Back to Life
C’est la vie. Such is life in the French Republic, where unemployment is high, growth is low, and government is big. Since the global recession… Read More
EconomyNews
Mr. Speaker and Mr. President: The Way to Save the American Dream
The day after the election, Speaker of the House John Boehner (R-OH) called on President Obama to join in a bipartisan effort to cut federal… Read More
Russia Trade Bill Provides Opportunity for Bipartisanship
Elected officials will face many contentious issues affecting economic and foreign policy during the upcoming lame-duck session of Congress and heading into 2013. However, one… Read More
Government Waives Destructive Jones Act for 12 Days—Why Not Longer?
In the aftermath of Hurricane Sandy, the federal government recently waived the Jones Act for 12 days to allow oil tankers to deliver fuel to… Read More
Morning Bell: Unemployment Rate Inches Back Up
The October jobs report essentially agrees with the rest of the current data on the economy—the economy is growing slowly, too slowly to bring down… Read More
The Smiths Go to Washington – and Spend Too Much
Meet the fictitious Smith family, whose budget woes bear a striking resemblance to those of the federal government. As this new video released by the… Read More
