Members of Congress turn their attention to the economy this morning with a Joint Economic Committee hearing about what lawmakers should do to avoid a recession. They’ll hear testimony from former U.S. Treasury Secretary Lawrence Summers, Economic Policy Institute President Lawrence Mishel and Heritage’s Bill Beach, director of our Center …
Maryland Governor Martin O’Malley’s energy administration is proposing one of the most ambitious yet costly energy conservation packages, including goals to reduce electricity consumption by 15% and to mandate state utility companies to purchase 20% of their energy from solar, wind and other renewable fuels by 2022. If the companies …
According to The Hill, President Bush will face a key test on federal spending when he returns from his Middle East trip wrapping up in Egypt today. At issue is a movement by conservative budget watchdog groups supporting an Executive Order from the president directing federal agencies not to spend …
Reports following Federal Reserve Chairman Ben Bernanke’s Monday meeting with Speaker Nancy Pelosi indicate that House Democrats are considering a $100 billion economic stimulus package that “money for ailing state governments, higher Medicaid spending and an increase in food stamp payments.” Completely ignoring their election promise to pay for any …
Economists Stephen Dubner and Steven Levitt, renowned for their book “Freakonomics” and New York Times blog, have a certain knack for examining the hidden incentives, opportunity costs and unintended consequences of real-world issues using sound economic logic. They have also advocated the development of commercial nuclear energy on more than …
Throughout President Bush’s current Middle East trip, administration officials have had to quell confusion about how the December 3, 2007 National Intelligence Estimate on Iran’s nuclear program affects U.S. policy in the region. Already the report has undercut efforts to form “an international coalition to impose sanctions against Tehran” and …
The George Soros funded Lancet study that put Iraqi deaths at numbers ten times higher than any human rights group estimated, was co-authored by Riyadh Lafta, an official for Saddam Hussein’s government who used similar data analysis techniques to undermine U.N. sanctions against the brutal Iraqi dictator. According to National …
Yesterday, Admiral Mike Mullen, chairman of the U.S. Joint Chiefs of Staff, expressed his opinion that the detention facility at Guantanamo Bay should be closed. He said the perception of how prisoners are treated at the facility has been damaging to America’s reputation. The Heritage Foundation has written extensively about …
When the New England Journal of Medicine published a new survey estimating 151,000 Iraqis died from violence since the invasion, the contrast in headlines from The Washington Post and New York Times brought a brief moment of levity to a grim subject. The Post declared: “New Estimate of Violent Deaths …