The U.S. Department of Education’s released a report today presenting the finding of an academic evaluation of the D.C. Opportunity Scholarship program. It found that, after three years, students who were offered vouchers to go to private school through the program had made statistically significant gains in reading achievement. Specifically, …
Bloomberg reports today: The Federal Reserve’s $1 trillion effort to restart the market for securities backed by loans is encountering resistance from investors, undermining Chairman Ben S. Bernanke’s attempt to further drive down borrowing costs. … Investors are concerned that Congress, while responding to taxpayer anger over bank bailouts, hasn’t …
This morning the Iowa Supreme Court became the fourth state supreme court to redefine marriage to include same-sex couples. Justifying his decision Iowa Supreme Court Justice Mark Cady invoked his court’s 1839 decision which struck down slavery laws. Heritage’s Matthew Spalding addressed the specious argument back in 2003: The argument …
DON’T BORROW, SPEND, AND TAX AWAY OUR FUTURE The President’s Plan Blames Bush: President Obama correctly points out that he inherited a projected $1.2 trillion deficit in 2009 from President Bush and a Democratic Congress. However, his budget adds an additional $659 billion to that deficit, pushing it above $1.8 …