Question: How do we create jobs, increase economic growth, rebuild the nest egg of households, strengthen the competitiveness of the U.S. economy and increase tax revenues? A. Borrow trillions of dollars and hire workers and specify that these workers must be from the United States. B. Create a new industry by making carbon emissions a scarce good so that new “green” jobs can displace jobs in polluting industries. Create a complicated trading system and allowance allocation to create “administrative” jobs, jobs for lobbyists and jobs for lawyers. C. Raise taxes …
Hoosier State Governor Mitch Daniels included a $5 million school choice tax credit program in his budget, which will be considered in the state legislature’s special session. According to The Brazil Times: The Indiana School Scholarship Tax Credit program would provide a 50 percent state tax credit for charitable contributions to qualified scholarship programs serving lower-income families. Children in grades kindergarten-12 could qualify for scholarships to help attend the public or private school of their choice. The program passed the Indiana Senate with bipartisan support earlier this spring on two …
Heritage Foundation President Ed Feulner recently sent a message to our members and supporters, explaining how Heritage and conservatives around the country are fighting back against the Left and offering common-sense alternatives to the agenda coming from the White House and Capitol Hill. Here’s an excerpt: Ideas are the key. We must change the climate of ideas in America. For now, liberals hold political power and are making political gains. But they are powerless to turn collectivist schemes into successful policies. For evidence, look no further than California, a testing …
The last time Congress debated fundamental health care reform, America’s health insurance industry fought against more government control of your health care, most famously with the “Harry and Louise” ad depicting a typical middle class family in despair. This time around, however, the health insurance industry is supporting more government control of your health care. Why? Because key reformers are offering to use government coercion to force fifty million Americans to become new health insurance customers. What industry wouldn’t want the government to create 50 million new customers overnight? In …
We’re fast approaching the deadline for the Environmental Protection Agency’s ruling on whether or not the agency will regulate carbon dioxide and other greenhouse gases under the Clean Air Act. While the ruling would just be the first step in a process that could take years before settled, sing the Clean Air Act to regulate CO2 would likely be the most expensive and expansive environmental regulation in history and will bypass the legislative process completely. EPA’s unprecedented regulatory regime would:
The national debt is skyrocketing. In 2009 publicly held debt is projected to jump to 54.8 percent of GDP, up from 40.8 percent in 2008. A year-to-year increase of this size hasn’t occurred since World War II. While the main causes of this massive increase – $787 billion economic “stimulus” and the $700 billion Troubled Asset Relief Program (TARP) – are sure to be debated for some time, the truly frightening revelation should be not what has already taken place, but what our elected officials have planned. President Obama’s budget, …
Senate Floor · FDA Tobacco Regulation – S982 · Supplemental Appropriations for Iraq and Afghanistan – HR2346 · Creation of a non-profit to increase tourism in the United States – S1023 Major Senate Committee Action · Foreign Relations Committee – Arms Control Nomination hearing · Energy and Natural Resources Committee – Comprehensive Energy Policy markup House Floor · Supplemental Appropriations for Iraq and Afghanistan – HR2346 · Foreign Relations Authorization Act – HR2410 · Pakistan Enduring Assistance and Cooperation Enhancement Act – HR1886 · Cash for Clunkers – HR2640 Major …
Tax Freedom Day is the day in the year when we have earned enough income to pay our total tax bill for the year. It is a simple way to illustrate the cost of government and can be applied to countries around the world. In the U.S., according to the Tax Foundation, Tax Freedom Day was April 13 this year. That means it took all Americans from January 1 to April 13 to earn enough income to pay taxes in 2009. The Fraser Institute in Canada calculates Tax Freedom Day …
Last Friday White House press secretary Robert Gibbs tried to defuse the controversy over Supreme Court nominee Sonia Sotomayor’s “wise Latina” comment claiming: “I think she’d say that her word choice in 2001 was poor, that she was simply making the point that personal experience are relevant for the process of the judging.” President Barack Obama himself later said: “I’m sure she would have restated it.” But new documents now reveal that, far from a poor word choice, Sotomayor’s “women make better judges” claim was a common refrain in her …
See Heritage research here, here and here for what should be done in the Middle East. [youtube]http://www.youtube.com/watch?v=g3eXFkYvDwM&feature=player_embedded[/youtube]
