California: The National Petri Dish
Supposedly, trends start in California and then spread to the rest of the country, a notion that seems to be confirmed by the latest economic… Read More
Supposedly, trends start in California and then spread to the rest of the country, a notion that seems to be confirmed by the latest economic… Read More
In January, President Obama pressed for an $800 billion economic “stimulus” package to turn the economy around. Though the bill largely consisted of increased spending… Read More
In the wake of the General Motors and Chrysler’s bankruptcies, United Auto Workers finds itself in a complicated position. In some sense it has achieved… Read More
Under the government-proposed public health plan, “people will involuntarily lose their coverage and will be bled into the new plan,” said Heritage’s senior policy analyst for… Read More
“We’ll Need To Raise Taxes Soon” opines Roger Altman, a former Deputy Treasury Secretary under President Clinton, in a Wall Street Journal editorial today. Of… Read More
Yesterday, the non-partisan Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook and the news is grim. The preface opens, Under current laws and… Read More
All three Democrat health care plans (the House, Kennedy-Dodd, and Baucus bills) feature an employer mandate which will make it more expensive for employers to… Read More
The federal government’s bailout parade wasn’t enough to save California this week. In a move that drew praise from some conservative quarters, President Obama refused… Read More
According to Time, the Center for American Progress (CAP) is “the most influential independent organization in Obama’s nascent Washington.” The brainchild of former Clinton White… Read More
Heritage fellow James Sherk reports: Organized labor argues that Congress should effectively take away workers’ right to vote in secret ballot elections because employers allegedly… Read More
After months of internal debate, President Obama today released his much-anticipated plan for reforming the nation’s financial regulatory system. The 85-page document is nothing if… Read More
ProPublica reports: A key stimulus program to bring Internet service to rural America may not be up to the job of spending its $2.5 billion… Read More
News 14 Carolina reports: ALBEMARLE, N.C. — Minimum wage is set to rise in North Carolina next month but the effects are already being felt… Read More
The Senate will soon vote on the Travel Promotion Act of 2009. The Act would create a government-run public relations campaign funded by a tax… Read More
On June 15, the International Monetary Fund (IMF) released a study suggesting national tax policies contributed to, but did not cause, the credit boom and… Read More
Courtesy of Sen. Tom Coburn’s (R-OK) new report, “100 Stimulus Projects: A Second Opinion”, here are the Top Ten most dubious Obama stimulus projects: “Free”… Read More
The Congressional Budget Office (CBO) recently released a paper: Did the 2008 Tax Rebates Stimulate Short-term Growth? The paper is a comprehensive summary of the… Read More
The Obama Administration’s desperation for new revenue to feed its massive spending appetite is becoming more apparent every day. The latest tax hike proposal, this… Read More
We have long believed that the Treasury Department’s TARP interventions have become possibly the single most disruptive force in the global economy. Under the header… Read More
The Hill reports today: Energy panel Republicans are levying accusations of witness intimidation against Democratic Rep. Ed Markey (D-Mass.), one of the key authors of… Read More
In three short years as “Nebraska’s CFO,” Shane Osborn has revolutionized the way Nebraskans interact and keep tabs on their government. It’s called nebraskaspending.com and it cost… Read More
With General Motors slated for nationalization, and the government holding major stakes in Chrysler and several major banks, many concerned observers have been asking when… Read More
President Obama has appointed yet another czar. This time it’s a pay czar, Kenneth Feinberg, to monitor the compensation paid to seven companies currently under… Read More
In his statement yesterday announcing that 10 banks would be repaying $68 billion in TARP bailout funds, President Obama proudly asserted that the step would… Read More
Both the Senate and the House of Representatives are seeking to pass “Cash for Clunkers” legislation that would have three primary objectives: increase car sales,… Read More
Yesterday, the Treasury Department announced that 10 financial institutions had been cleared to return their TARP bailout money — totalling some $68 billion to the… Read More
The Wall Street Journal reports today: As recently as 2000, the [AFL-CIO’s] 8.5 million members had a $45 million surplus. By June of last year… Read More
Yesterday afternoon, Supreme Court Justice Ruth Bader Ginsburg issued an order delaying the sale of Chrysler’s assets to a new firm controlled by Fiat, in… Read More
The talk shows last night were all atwitter over Justice Ruth Bader Ginsburg’s grant of a temporary stay for the Supreme Court to consider the… Read More
Obama administration Council of Economic Advisers member Austan Goolsbee was on Fox News Sunday yesterday defending Obama’s intervention in the economy. In the clip below,… Read More
