According to President Obama, “every economist who’s looked at it says that the Recovery Act has done its job.” The four economists gathered at the National Press Club on Tuesday were apparently not asked for their opinions on the matter. Tuesday’s program, “Debt and Deficits: Implications for U.S. and Global …
In 1987, at the signing of the Intermediate-Range Nuclear Forces Treaty (INF), President Ronald Reagan summarized his approach to arms-control by citing an old Russian proverb: “doveryai, no proveryai.” Translation: trust, but verify. When Soviet leader Mikhail Gorbachev noted, “You say that at every meeting,” Reagan shot back, “I like …
Washington’s latest over-used phrase—“rethinking the defense budget”—has, for many policymakers, come to mean “what can we cut next?” On Tuesday, the House Oversight and Government Reform Subcommittee on National Security and Foreign Affairs convened to identify solutions to tame the growing defense budget. The thinly veiled premise behind the hearing …
With or without Obamacare, health insurance costs are on the rise. And that has businesses searching for more affordable options. One increasingly popular option: health plans covering services provided by a relatively small number of participating doctors and hospitals. These plans are most attractive to small employers, but The New …
The Obama administration’s recently re-imposed deepwater drilling moratorium is now reportedly stopping shallow-water drilling as well. The Louisiana Department of Natural Resources issued a release Tuesday showing that the moratorium has resulted in a near-total decline of approved shallow-water drilling permits: Approved permits for shallow water drilling in the Gulf …
The New START treaty imposes significant limitations on U.S. ballistic missile defenses, and new limitations continue to be revealed as the treaty is scrutinized. The newest restriction—which has not yet been addressed by the Administration or proponents of the treaty—is a limitation on test-target missiles and their associated launchers, which …
North Korea came under criticism from Amnesty International last week for the dismal state of the country’s health care system. While North Korea (the Democratic People’s Republic of Korea or DPRK) has a well-earned reputation for disregarding the interests of its people – malnutrition is common and many of the …