EconomyCommentary
New Bill Fixes Damaging Taxation of Business Investment
Until now, every major proposal to make the 2017 tax cuts permanent has neglected to address the expiration of the most pro-growth piece of the… Read More
EconomyNews
Trump’s Budget Weighs In at $4.8 Trillion, Projects Deficits Until 2035
The Trump administration on Monday presented a $4.8 trillion spending proposal for fiscal 2021 to Congress that would balance the federal budget in 15 years,… Read More
EconomyCommentary
Trump Administration to Loosen Restrictions on Land Mine Use
President Barack Obama tried to end the United States’ use of anti-personnel land mines, but President Donald Trump is bringing them back. The Trump administration… Read More
EconomyCommentary
Trump Budget Cuts Size of Federal Government, but Bolder Reforms Needed
>>> Note: This live blog no longer is being updated by Heritage Foundation policy experts. President Donald Trump’s proposed budget for fiscal year 2021 would… Read More
EconomyCommentary
Economy Adds 225,000 Jobs as Nation Continues to Flourish
The U.S. economy added an impressive 225,000 jobs in January as low unemployment rates continued for all Americans. The new jobs report shatters the experts’… Read More
EconomyAnalysis
Podcast: This Law Would Empower Union Bosses and Hurt Workers
A bill in the House of Representatives would make sweeping changes to labor laws and give union bosses an enormous amount of power. Rachel Greszler,… Read More
EconomyNews
House Conservatives Outline Playbook for Government Reform
A new “playbook” for conservative lawmakers aims to bring more efficiency, effectiveness, and accountability to the federal government, leaders of the House’s largest caucus say. … Read More
EconomyCommentary
Virginia Democrats Want to Hike Gas Tax, Spend Revenue on Public Transit
Just two months after Democrats gained full control of Virginia’s government, Gov. Ralph Northam and the General Assembly have proposed sweeping changes to the state’s… Read More
EconomyCommentary
6 Ways a Union-Backed Bill Will Upend the Job Market
Despite its congenial acronym, a bill the House of Representatives is about to pass would upend the U.S. labor market as we know it. The… Read More
Economy Commentary
An Economics Reality Check
I have been teaching economics since 1967—40 years of it at George Mason University in Fairfax, Virginia. During that interval, economic reality has not changed…. Read More
EconomyCommentary
Why Capitalism Is a Blessing to Mankind
What is capitalism? To understand true capitalism you have to start with an understanding of capital. Capital is the secret sauce of capitalism. So, what… Read More
EconomyNews
Our Coming Debt Crisis
Ten to 20 years from now, we will not be talking about impeachment, and believe it or not, we won’t still be talking about Donald… Read More
EconomyCommentary
Why We Shouldn’t Tax Savings as the Left Proposes
The White House is seriously thinking about pushing for new tax cuts to bring added relief to middle class families. This strategy stands in stark… Read More
EconomyCommentary
Maryland Legislators Move to Protect Kids’ Lemonade Stands
The Maryland House Environment and Transportation Committee on Tuesday heard testimony about a bill that would prevent local governments from outlawing children’s lemonade stands on… Read More
EconomyCommentary
On ‘Waters of US’ Rule, EPA’s Science Advisory Board Conflates Policy Preferences for Science
The Environment Protection Agency’s Science Advisory Board is supposed to provide scientific advice to the EPA administrator. The Science Advisory Board seems to have forgotten… Read More
EconomyCommentary
Why Pelosi’s Infrastructure Plan Is the Wrong Way Forward
House Democrats on Wednesday revealed their framework for infrastructure legislation this year, a package titled “Moving Forward.” The same day, the powerful House Ways and… Read More
EconomyNews
Amid Impeachment Trial, Trump Signs Major Trade Deal With Canada, Mexico
President Donald Trump has signed the U.S.-Mexico-Canada Agreement, the trade deal replacing the Clinton-era North American Free Trade Agreement, keeping a key campaign promise on… Read More
EconomyCommentary
5 Takeaways From the Latest Budget Projections
The Congressional Budget Office has released its budget and economic projections for fiscal years 2020-2030. The latest report confirms what the Congressional Budget Office has… Read More
EconomyCommentary
Common Sense Winning on Fake ‘Service’ Animals in Planes
Not many of us want to drive behind “turkeys” on the roads. Even fewer want to sit next to actual turkeys on a flight. Thanks… Read More
EconomyCommentary
Ocasio-Cortez’s War on Wealth Is a War on All of Us
“No one ever makes a billion dollars. You take a billion dollars,” chided U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., earlier this week. “You didn’t make those… Read More
EconomyCommentary
‘Greedy’ Businesses Responsible for Constant Improvements
Reporters complain about business. We overlook the constant improvements in our lives made possible by greedy businesses competing for your money. Think about how our… Read More
EconomyCommentary
The Alexandria Ocasio-Cortez School of Economics
On Monday, Rep. Alexandria Ocasio-Cortez, D-N.Y., sat for a discussion with author Ta-Nehisi Coates. She dropped a number of shocking statements—statements that elicited nothing but… Read More
EconomyCommentary
Why We Must Defeat Socialism
Today, we find ourselves at a crossroads in the history of our great nation—a nation founded upon the simple, self-evident truth that we are endowed… Read More
EconomyCommentary
US-China Trade Deal Is a Welcome First Step
President Donald Trump and Chinese Vice Premier Liu He on Wednesday signed Phase 1 of the U.S.-China Economic and Trade Agreement. The long-awaited deal is… Read More
Economy Analysis
What You Need to Know About New US-China Trade Deal
Will the new deal boost the American economy? Is it normal for a trade deal to demand one party spend a certain amount? Will it… Read More
EconomyCommentary
Andrew Cuomo Is Wrong. The Gig Economy Isn’t Like a Sweatshop at All.
In his State of the State address on Jan. 8, New York Gov. Andrew Cuomo likened 21st-century gig-economy corporations to late 18th- and early 19th-century… Read More
EconomyNews
145,000 Jobs Added in December, Unemployment at 3.5%
The U.S. economy added 145,000 jobs in December, while the unemployment rate remained at 3.5%, according to Department of Labor data released Friday. In December,… Read More
EconomyNews
Trump Touts New Rule as Way to Improve Roads, Bridges Faster
President Donald Trump announced a new administration policy Thursday to boost the nation’s infrastructure without spending more tax dollars. The administration proposed a new rule… Read More
EconomyCommentary
California’s ‘Pro-Worker’ Law Is Killing Jobs Left and Right
If you want less of something, raise its price. That’s the logic behind policies such as cigarette and soda taxes and plastic bag fees. Somehow,… Read More
EconomyCommentary
How the 2010s Became the Decade of Debt
At the end of 2009, the total federal debt was $12.3 trillion—a staggering amount of money. Now, it stands at an astonishing $23.1 trillion. That’s… Read More
