Building on news that the bipartisan consensus behind the Senate’s “Foreclosure Enhancement Act” is beginning “to crumble,” the White House sent a letter to Speaker Nancy Pelosi (D-Calif.) today outlining what they would accept in housing legislation. The letter includes many strong principles that ought to be congratulated, including: We …
Yesterday House Republican leaders issued a joint statement outlining “Principles for Bipartisan Housing Legislation.” Many of the principles are sound in theory, but could also easily open the door to invasive and costly actual legislation. The Heritage Foundation responds to each of the principles below: Support Homeownership. Homeownership is central …
The Colombia Free Trade Agreement before Congress now is splitting the former first family in two. Former President Bill Clinton is for it, and wanna-be-President Hillary Clinton is against it. Organized labor is a lot less divided on the issue, despite the fact that their opposition to the deal will …
The National Taxpayers Union released its 2007 “Taxpayer Score” yesterday. The annual NTU rating reflects a congressperson’s commitment to reducing federal spending, taxes, debt and regulation by analyzing every roll call vote affecting fiscal policy (including appropriations, authorization, and tax bills; budget target resolutions; amendments; and certain procedural votes that …
One might expect the National Review and Wall Street Journal to point out that the top two Democratic presidential candidates are lying to the American people about their real position on trade. But would the Washington Post and Los Angeles Times be as daring? Judge for yourself. From the Washington …
Today Gen. David Petraeus told the Senate today that the recent flare-up of violence across Iraq demonstrates that recent security improvements are “fragile and reversible.” Last week Heritage senior research fellow named five reasons why we must stay win in Iraq: [youtube]http://www.youtube.com/watch?v=4EUP-tK_tNY[/youtube] 1. Strengthen Iraq’s Army 2. Contain Iran 3. …