The National Science Foundation (NSF) is “an independent federal agency created by Congress in 1950 ‘to promote the progress of science; to advance the national health, prosperity, and welfare; to secure the national defense.’” It can now add “fund plays on climate change” to that list. The New York Times …
Congressional Budget Office (CBO) Director Douglas Elmendorf recently testified before the Senate Budget Committee on policies that might give the economy a helpful lift in the near term. Congress is right to be concerned. But for an inventory surge last winter, the economy remains stuck in low gear at about …
A featured op-ed in The Wall Street Journal last week documented the recent, surprising successes of Bangladesh. Henry Kissinger dubbed it a “basket-case” at its inception. It has little economic freedom, and many in the international community saw little hope for it, but it has made some large achievements in …
Well deserved kudos to the Department of Homeland Security and Secretary Janet Napolitano. Since the failed December bombing attempt over Detroit demonstrated gaps in airport security DHS has been engaged in an extensive outreach around the world. Convening regional meetings in every corner of the globe, DHS has worked the …
As a nation, we shouldn’t have to choose between defense and education. Yet, in a recent ABC News This Week roundtable, the President’s top political advisor, David Axelrod, criticized cuts to the education budget, suggesting that education spending is our defense budget of the future. There is absolutely no doubt …
“What’s needed most right now is creating the conditions where assistance is no longer needed.” “Let’s move beyond the old, narrow debate over how much money we’re spending [on anti-poverty programs] and let’s instead focus on results—whether we’re actually making improvements in people’s lives.” Those quotes would certainly resonate with …
Rampant government spending is out of control. The federal government is spending at a rate of $112,000 per second. Billion dollar programs are driving up U.S. debt to unheard-of levels. Now average Americans are telling Washington to hit the brakes. Following the passage of Obamacare, a coalition of taxpayers, women, …
Last week President Barack Obama’s most recently minted czar, Special Advisor to the President for the Consumer Financial Protection Bureau Elizabeth Warren, spoke to 400 bankers at the swanky Mandarin Oriental Hotel in Washington, DC. Her message, according to The Washington Post: “Behave, play nice, and we’ll get along just …
This week, National Journal hosted an energy, environment, and economic policy summit on the Renewable Electricity Standard (RES). Participants included Sens. Mark Begich (D-AK) and Sam Brownback (R-KS); Dr. Robert Simon, the Majority Staff Director of the Senate Committee on Energy and Natural Resources; David Friedman, the Research Director of …
