Last August, NBC News’ Chuck Todd posed a question to President Barack Obama from Elkhart, Indiana, resident Scott Ferguson: “Explain how raising taxes on anyone during a deep recession is going to help with the economy.” The President responded: “We have not proposed a tax hike for the wealthy that …
President Obama reportedly plans to name Austan Goolsbee to head his Council of Economic Advisers. This appointment is good news for advocates of expanded international trade. One of the world’s leading trade economists, Jagdish Bhagwati, described Goolsbee as a valuable source of free-trade advice over almost a decade. During the …
After a major foreign policy speech, Secretary of State Hillary Clinton was asked to comment on the drug violence in Mexico. She answered quite frankly: We face an increasing threat from a well-organized network drug trafficking threat that is, in some cases, morphing into or making common cause with what …
It’s been 9 years since the 9/11 attacks. America is still being attacked—the Times Square and Christmas Day plots are the most recent examples. Congress, however, continues to act like it is still September 10, 2001. For instance: It continues to ignore key 9/11 Commission recommendations—the Commission emphasized that Congress …
When the U.S. Senate reconvenes on Sept. 13, a very rare event will begin in Room 216 of the Hart Senate Office Building: an impeachment trial. A specially-formed committee chaired by Sen. Claire McCaskill (D-Mo.) and vice-chaired by Sen. Orrin Hatch (R-Utah), will hear testimony and receive evidence in the …
It seemed so simple: To reduce energy use, Americans must abandon the old-fashioned incandescent light bulb in favor of new energy-efficient lighting. Congress even passed legislation in 2007 mandating a phase-out of the familiar “Edison” bulb in the name of saving energy. Now comes a study concluding that energy-efficient lighting …