Cash for Clunkers: Victims of Their Own Success?
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
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
This week’s bloggers’ briefing brought the biggest crowd yet; standing room only. What was the draw? Matthias Shapiro, mastermind of the 10,000 pennies videos that… Read More
On Friday, the federal minimum wage will increase from $6.55 to $7.25, an increase of almost 10.6%. This increase is the final installment of the… Read More
Politico has picked up on a story we’ve been following for some time. Eamon Javers reports: “We’re looking at continuous monstrous issuances of federal debt,… Read More
Rep. Charlie Rangel of New York and other House Democrats propose to pay for their $1.3 trillion bill to create government-run health care with a… Read More
Confused about whether the House health care bill, H.R. 3200, is deficit-neutral? No wonder. House Leadership maintains the bill will be “fully paid for and… Read More
Heritage’s J.D. Foster on the deficit: “President Obama talks about responsibility, but the budget deficit this year is approaching $2 trillion and the national debt… Read More
This month, Senator Herb Kohl (D-WI) sent a letter to the Chairman of the FCC and the head of the Justice Department’s antitrust division, asking… Read More
Contrary to several reports, the House Democratic health care bill (H.R. 3200) is not deficit-neutral, but would raise deficits to alarming new levels over the… Read More
The Obama Administration promised unprecedented transparency in its financial recovery efforts, including a gee-whiz $18 million web site, Recovery.gov. The problem is that the Administration… Read More
No, this is not a post about the Sotomayor hearings. Yesterday there was another widely-attended Senate hearing. Another room was packed, interested parties cramming into… Read More
The Washington Post reports: Instead of saving the federal government from fiscal catastrophe, the health reform measures being drafted by congressional Democrats would worsen an… Read More
President Obama has repeatedly signaled he would not support a health care reform bill unless it includes long-term cost savings. He recently promised to “take… Read More
Rep. Tom Price thinks we can do a better job of stimulating the economy without increasing the debt burden of future generations.
Bloomberg reported Saturday: President Barack Obama said his $787 billion stimulus bill “has worked as intended” as he pushed back against Republican criticism that his… Read More
Last month, the Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook. The Washington Post’s Robert Samuelson reports: For the past half-century, federal spending… Read More
Although the timing of its release may be a coincidence, Pope Benedict XVI’s recently published encyclical, “Caritas in Veritate” (Charity in Truth), sets the stage… Read More
The U.S. government is a favorite target among spinners of conspiracy theories. From the Kennedy assasination to the Apollo Moon landing, the government has allegedly… Read More
The non-partisan Congressional Budget Office (CBO) recently warned that entitlement-driven growth is unsustainable and would debilitate the economy over the long-term. In their best-case scenario,… Read More
Today’s Wall Street Journal reports that investment in renewable energies, and the green jobs that go with it, is being stifled by the stimulus. How?… Read More
At yesterday’s Bloggers Briefing at Heritage, Rep. Darrell Issa (R-CA), ranking member on the House Oversight and Government Reform Committee, touted a 26-page report that… Read More
The New York Times reported last week: President Obama on Sunday praised the energy bill passed by the House late last week as an “extraordinary… Read More
The Heritage Foundation is proud to announce that the FCC is the recipient of the First Annual Wanton Abuse of State-funded Technological Elucidation (WASTE) Award…. Read More
Should Cheerios be regulated as a drug? That’s what the FDA suggested last month in a letter to the breakfast cereal’s maker, General Mills. The… Read More