In the recent presidential debate, President Obama said that only 3 percent of small businesses would pay higher rates under his plan to increase the top two marginal tax rates. The implication was that job creation wouldn’t suffer, because so few businesses would pay higher tax rates under his plan. …
In the first presidential debate, President Obama criticized Mitt Romney’s proposed defense budget plan as “$2 trillion in additional military spending that the military hasn’t asked for.” Two parts of this statement require clarification and context. First, the President failed to mention that this $2 trillion increase would take place …
Opponents to Medicare reform have been making plenty of erroneous claims about Medicare premium support lately, one of the worst being that Representative Paul Ryan’s (R–WI) premium-support model, co-authored by Senator Ron Wyden (D–OR), would cost future seniors an extra $6,400 a year. This claim is simply false. Buried beneath …
On October 7, Hugo Chavez won re-election as president of Venezuela for another six-year term. While accolades continue to pour in from Russia, Cuba, Bolivia, and other unfriendly corners of the world, there is no reason to mince words: Chavez’s re-election was a sad defeat for liberal democracy, economic freedom, …
The Treasury Department’s top watchdog has opened an investigation into a popular grant program that helped finance a host of green energy projects, according to a recent SEC filing by one of the companies under investigation. SolarCity Corp. revealed in its initial public offer (IPO) filing that it has been subpoenaed by …
About a year and a half ago, the New Strategic Arms Reduction Treaty (New START) entered into force. The Obama Administration ensured the American people and the Senate that the treaty would contribute to strategic stability between the United States and the Russian Federation. The treaty was touted as a …
Nearly one month ago, on the anniversary of September 11, terrorists attacked the U.S. consulate in Benghazi, Libya, killing four Americans, including U.S. Ambassador to Libya Christopher Stevens. The Obama Administration’s failure to take bolster security in advance of the attack and its muddled response since then will be the …
The Obama Administration’s story on the attack that killed Ambassador Chris Stevens has changed yet again. In advance of a hearing on diplomatic security in the House Oversight and Government Reform Committee today, more details have leaked out—and the State Department is now saying it never thought that the attack …