In his original budget proposal, President Obama envisioned a cap-and-trade program that would raise hundreds of billions of dollars by selling emissions credits to businesses…. Read More
Yesterday, President Obama announced his intention to nominate Ben Bernanke to a second four-year term as Chairman of the Federal Reserve Board. Bernanke’s tenure coincided… Read More
The Obama Administration’s claims that General Motors — the federally-owned auto manufacturer — is independent from political entanglements is once again being tested, this time… Read More
The Obama administration’s bailout of General Motors and Chrysler has already reached a staggering $110 billion. But even that is not enough money to undue… Read More
Don’t look now, but the FCC is back in business. For some nine months the Federal Communications Commission had been operating with no permanent chairman,… Read More
The Obama administration’s Cash for Clunkers program is supposed to run through 8 PM tonight, but as the Wall Street Journal reports, dealers across the… Read More
From Bloomberg: “The U.S. “cash for clunkers” vehicle trade-in program, credited with reviving auto sales and criticized by dealers for slow reimbursements, will close on… Read More
As part of his on-going effort to reduce carbon emissions – or perhaps in an effort to charm a conservative-leaning audience that’s skeptical of his… Read More
On this week’s season premiere of the popular AMC show “Mad Men” viewers were reminded about the punitive high tax rates in the 1960s: [youtube]http://www.youtube.com/watch?v=tx8bQ-hqIUY[/youtube]… Read More
If you like what’s happened to the auto industry, you’ll love this. Bloomberg is reporting today that Ron Bloom — the head of the Obama… Read More
TechCrunch reports today: The unemployment rate in the U.S. was still 9.4 percent in July, but some cities are better than others to look for… Read More
In this case Paul is the auto industry, as if they haven’t gotten enough help from American taxpayers, and Peter is the retail industry and,… Read More
The Telegraph reports: The Government’s plans to increase the proportion of Britain’s energy generated by “green” sources is set to cost between 11 and 17… Read More
The Tax Foundation reported last week: “Canada, the Czech Republic, Korea, and Sweden all cut their corporate tax rates in 2009, distancing the United States… Read More
White House chief of staff Rahm Emmanuel wasn’t kidding when he said that a crisis is a terrible thing to waste, and according Arthur Brooks,… Read More
In a discussion about the economy and the stimulus package President Obama signed into law earlier in the year, Vice President Joe Biden last Sunday… Read More
“But don’t expect anyone in Congress to admit that taxpayers are paying around $6,000 to provide a $4,500 rebate for a foreigner or illegal immigrant… Read More
Member of the European Parliament Daniel Hannan came to Heritage today to remind Americans why and how to avoid Europe’s mistakes. On March 24, 2009,… Read More
The front page of the Washington Post yesterday features a story by Paul Schwartzman about a couple in Indiana who were laid off from an… Read More
Ken Belson of the New York Times provides some interesting data points on the cash for clunkers program: The “cash for clunkers” program introduced last… Read More
For a President who is supposed to be in tune with America, one has to wonder what Barack Obama is thinking! The latest polls show most… Read More
Alan Greenspan says no: “It’s an interesting issue. I mean, I have qualms about the concept, but there is no doubt that that very extraordinary… Read More
Celebrating the fact that his administration has blown through $1 billion in deficit spending on the “Cash for Clunkers” program in just one week, President… Read More
Members of Congress have been working frantically to bring the cost of the health care bill below $1 trillion, make it “deficit-neutral,” per the President’s instructions, and meet… Read More
Cash for clunkers is working. Too well, in fact. The $1 billion program that offers $3,500 to $4,500 rebates to turn in your old vehicle… Read More
The IRS released data today on the distribution of income taxes. It shows that the highest-earning taxpayers shoulder a considerable burden of the federal income… Read More
Is the House of Representatives trying to start a trade war in the midst of the worst economy in a generation? Sure seems that way…. Read More
In the greater context of the health care debate, Medicare — the government’s health insurance provider program for the elderly — often is mentioned in… Read More
The care with which we are carrying out the provisions of the Recovery Act has led some people to ask whether we are moving too… Read More
Today, another burden is being placed on America’s small businesses. Effective on this date is the third installment of the increase of the minimum wage… Read More
