Now that the U.S. hit its $14.3 trillion debt ceiling on May 16 and the doomsday predictions of the financial apocalypse that was going to tank the economy failed to materialize, the question remains: How should Congress respond? Congress has until August 2 to respond. It could raise the debt ceiling without any other policy changes or keep the existing debt limit and force the Treasury Department to make substantial reductions in non-interest spending. It could also raise the debt limit but make substantial, immediate spending reductions accompanied by tough …
In November 2009, a dozen protesters triggered a traffic jam in an intersection of Chicago’s financial sector by laying down in a circle in the middle of the road, locking their arms together inside pieces of pipe. They were protesting the city’s climate exchange, part of a scheme to regulate CO2 emissions through permits. Ironically, it was a case of a left-leaning plan being attacked by the far left. After a few hours, the activists were arrested, including among their ranks members of groups like the Little Village Environmental Justice Organization (LVEJO). …
It’s hard to imagine Uncle Sam telling Walt Disney where to make movies or McDonald’s how many hamburgers to make, but if you take a look at the case of the National Labor Relations Board (NLRB) versus Boeing, you’ll see that the federal government is trying to do just that: dictate where and how private industry may do business. And it’s doing so to bolster one of President Barack Obama’s favorite special interests—labor unions. To catch you up on the story, Boeing Corporation decided to build a new assembly plant …
In this week’s Heritage in Focus podcast, Heritage Middle East expert Jim Phillips reflects on the current unrest between Israel and Syria. To listen to the full interview, click here. A few days ago marked the anniversary of “nakba,” or “the day of catastrophe,” for Palestinians and their Arab allies. That day is May 15, 1948: The day Israel gained its independence. Israel’s foremost enemies, Syria, Iran, Hamas and Hezbollah, mobilized Palestinian militants recruited from refugee camps in Lebanon, Syria and Gaza to demonstrate against Israel by marching up to the border to …
Last week, more than 100 education leaders signed a manifesto against the federally supported national education standards and tests backed by the Obama Administration. And in recent weeks, two states—Minnesota and South Carolina—have proposed legislation to prohibit implementation of the standards. While Minnesota has already adopted the English/language arts standards, the state has not adopted the math standards. The proposed legislation would “bar the state’s education commissioner from adopting the…standards during upcoming revisions of those documents,” Education Week reports. Additionally, South Carolina’s law would prohibit that state from implementing the …
When considering Representative Paul Ryan’s (R–WI) budget plan, it goes without saying that if one disagrees with Ryan’s vision, then of course he or she won’t like his plan, regardless of whether it fixes our budget problems. It is important, then, to consider his vision: Is smaller government a worthy goal? In the words of Dennis Prager, “the bigger the government, the smaller the individual.” Government depends on its citizens for revenue in order to provide services. The more government grows, the more revenue it must generate and the less …
