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  • Monthly Archives: March 2010

    Senate Financial Regulation Bill: How Fast Can You Read 1,336 Pages?

    At 1,336 pages, the Dodd financial services regulation bill proposal, which the Senate Banking Committee will begin to consider today, includes language that could create a permanent bank bailout. It is also filled with other significant issues, any one of which could cause serious damage to the economy or consumers … More

    Tehran's Terrible Future, and Maybe America's Too

    It was a sobering read. In 1950, Samuel Glasstone’s “The Effects of Atomic Weapons” provided the first unclassified explanation of the physical destruction caused by nuclear weapons. The book’s descriptions were detailed, clinically precise … and terrifying. For decades, it remained the authoritative source on the topic. Only one problem: … More

    In the Green Room: Economist Arthur Laffer Discusses America's Financial Future

    Yesterday, former Reagan administration economic adviser Arthur Laffer stopped by the Heritage Foundation for a lecture titled, “Return to Prosperity: How America Can Regain Its Economic Superpower Status”. Laffer popularized what has become to be known as the “Laffer Curve” which helped demonstrate that increased taxation can be counterproductive in the long-term as it leaves citizens with less resources and depresses economic growth.

    After his speech, Laffer sat down for an “In the Green Room” segment where he discussed the roots of the financial crisis, how President Bush and Obama have mishandled the problem, and what to expect in 2010 and 2011. More

    Morning Bell: Repeal

    Fellow Americans, Late last night, in a narrow and partisan vote, the U.S. House of Representatives passed the most significant piece of social legislation in over seven decades. It did so in the face of overwhelming and principled opposition from the American people. Large majorities of Americans oppose this legislation … More

    The Heritage Foundation Responds to the Health Care Vote

    It Will Not Stand

    Members of the House of Representatives tonight approved President Obama’s health care agenda, the biggest expansion of government power since the Great Society. The Obama health care legislation is universal in scope and will profoundly impact the personal lives of more than 300 million Americans. It will restrict our personal … More

    Reconciliation Bill Tosses New York a Fiscal Hand Grenade

    The pending health care legislation would cover the uninsured mainly by dumping most of them into the federal/state Medicaid program. Not surprisingly, many states have objected to the additional costs that such a Medicaid expansion would impose on their taxpayers. Indeed, that was the motivation behind the infamous “Cornhusker Kickback” … More

    Interstate Compacts for Health Insurance is Yet Another Sound Idea

    Throughout the debate over liberals’ health care proposals, it has become clear that  while Americans want health care reform, they reject the direction of the legislation that will be voted on in the House this weekend.  The current health care bill results in a government takeover of the health care … More

    Abstinence Day on the Hill

    Spring has sprung in Washington, DC, and while many buses line the streets packed with students touring the National Monuments, another group of students came to Washington this week for a different purpose: To tell policymakers about the impact that abstinence education has had in their lives. This year’s annual … More

    House and Senate Cloakroom: March 22 – 26, 2010

    House Cloakroom: March 22 – 26, 2010 Analysis: House members are staying in town through the weekend as health care continues to hang over everyone’s heads.  The House Rules Committee is tentatively scheduled to meet tomorrow to consider the now infamous “Slaughter rule” which would deem the Senate bill passed … More