The presidential Commission on Fiscal Responsibility and Reform convened Tuesday at the White House to address what leaders of both parties agree is one of the greatest threats to the country’s economic future: the rising national debt. Recently President Obama and members of his economic team voiced their support for …
Economic freedom boosts job growth, as the Heritage Foundation’s 2010 Index of Economic Freedom empirically demonstrates. Now, there is more evidence in a state-level study just released by the Federal Reserve Bank of St. Louis, “Economic Freedom and Employment Growth in the U.S. States.” According to the Fed research, “states …
Obamacare was marketed to the American people as health care reform that would expand coverage to reduce the number of uninsured. One of the ways this would be accomplished, proponents said, was by making it easier for small business to offer insurance. Small businesses are the backbone of the American …
The government is announcing its approval of the nation’s first off-shore wind farm today after a contentious, nearly decade long debate including many interested parties. Millions have been spent on lobbying both to move the project forward and stop it in its tracks. This is nothing new to energy projects. …
Roger Clegg and I recently reported on the lawsuit filed in the first week of April on behalf of residents of Kinston, N.C., contesting the constitutionality of Section 5 of the Voting Rights Act. Section 5 is the supposedly temporary “emergency” measure first passed in 1965 that requires states like …
Somebody spilled the beans Tuesday, telling the truth about the financial reform bill being debated in Congress. But most media ignored it. Rather than being the targets of this bill, Wall Street financiers will be rewarded by it. The chairman of Goldman Sachs, Lloyd Blankfein, told a Senate subcommittee, “The …
On the stump, Candidate Obama identified government entitlement spending on Medicare, Medicaid, and Social Security as the largest contributor to the federal deficit. If Congress doesn’t rein in the costs of these programs, he said,, these three programs will “consume all of the federal budget.” Candidate Obama was right. (Still …
There is much hand-wringing in the mainstream media about the Senate Budget Committee’s 6.8% cut of $4 billion last week to the Obama Administration’s massive $58.5 billion Fiscal Year 2011 request to fund the foreign affairs “150 Account” budgets that include the State Department and the U.S. Agency for International …
The Dodd financial reform bill is beginning to scare executives. However, it is not necessarily scaring bankers or Wall Street fat cats. It is scaring motor cycle manufacturers, college presidents, retailers, car dealers, and even coffee shop executives. All of these people and more are waking up to the Dodd …
