The Obama administration has decided to terminate the suspensions of issuance of temporary munitions export licenses for exports regarding C-130 Hercules cargo aircraft that will be used in oil spill response operations at sea that might involve the People’s Republic of China (PRC). That’s bureaucratese for lifting restrictions on the …
Indications are that the Progressive Movement is headed for a crushing defeat two weeks from now. Political analysts Stu Rothenberg and Charlie Cook both peg the number of competitive House races at around 100. Separately, both analysts are also predicting Democrats will lose between 45 and 60 seats (39 are …
Today’s announcement that Social Security recipients will not receive a cost-of-living adjustment (COLA) again in 2011 brought an immediate reaction from House Speaker Nancy Pelosi (D–CA). She proposed that the lame duck Congress vote on giving seniors another $250 one-time payment supposedly to replace the COLA. This seemingly altruistic gesture …
Google is coming to a (future) offshore wind farm near you. In an announcement Tuesday, the technology giant said it is joining with investment firm Good Energies in a $5 billion investment to secure permitting for and begin constructing an underwater electricity transmission line. Also party to the venture is …
Earlier this week, Maya MacGuineas, a fiscal policy expert at the New America Foundation, ranked Congress’s options in addressing the pending expiration of the 2001 and 2003 tax cuts. A little more than two months remain before an automatic tax hike on all American earners sets in, and Congress has …
The prospects for new nuclear energy in the U.S. were purportedly set back this weekend when Constellation Energy pulled out of the Calvert Cliffs 3 nuclear energy project in Maryland. They argued that the Department of Energy’s loan guarantee program was too expensive and complicated to be workable. No loan …