The Senate Foreign Relations Committee voted 19-2 in favor of the U.S.-India civil nuclear cooperation agreement. Doubly impressive the committee adopted the agreement without a controversial proposal that would give Congress more influence over future deals. Heritage analyst Lisa Curtis underscored the importance of final passage of the agreement earlier …
There is no doubt that past government intervention in the market, particularly by Fannie Mae and Freddie Mac, is largely to blame for the current financial turmoil. And while past government intervention cannot be used to justify further government interference, we also have to ask how much unnecessary pain the …
The current financial turmoil has changed Wall Street as we knew it forever. Seven decades worth of cumbersome, outdated, and harmful regulation will have to be rewritten in order to provide the clear and dependable rules markets need to operate. The long term financial health of the federal government also …
Coal supplies almost half of our nation’s electricity and more than 20% of our nation’s total energy consumption. Without coal our entire economy would crumble. Despite decades of subsidies, wind and solar power contribute only 1% of our nation’s energy needs. Despite these facts, Joe Biden told a voter in …
This morning we highlighted just the worst policy proposal liberals in Congress are trying to attach to the financial bailout plan. But Sen. Chris Dodd’s (D-CT) draft legislation has some other misguided provisions as well. Heritage’s David John flags those that must be avoided: Provide capital to financial institutions in …
Former Comptroller General of the United States and Fiscal Wake-Up Tour star David Walker outlines how our impending entitlement crisis parallels the current subprime mortgage mess in the Financial Times: … a lack of transparency facilitated the crisis. Banks and other financial institutions created off-the-books entities so that regulators would …
Heritage’s Lisa Curtis explains why Congress must move quickly to implement the US-India Civil Nuclear Deal. The deal would stregnthen US-India relations. India is a key Asian partner that shares our democratic values and political concerns. If this deal is not passed soon, it will have to wait until the …
