In recent weeks, liberal politicians, editorialists, and policy analysts have vigorously attacked reform of Medicare based on defined-contribution financing. In fact, this approach to reforming Medicare has a long bipartisan tradition going back to the 1980s and Representatives Richard Gephardt (D–MO) and David Stockman (R–MI). In fact, much of this …
A blackout occurred in the wake of Hurricane Sandy, as more than 8 million people in the northeast were left without power. Millions could remain without power for several more days. Hurricane Sandy was a natural disaster that people could prepare for but couldn’t avoid. Blackouts and brownouts caused by …
Buried in Friday’s Bureau of Labor Statistics report on the country’s unemployment situation was this disheartening fact: 9,000 employees of the mining and resource extraction sector lost their jobs in October. That brings total job losses in that sector to 17,000 since May, according to BLS. The Bureau, which is …
Retired Admiral Gary Roughead, former chief of naval operations, recently expressed concerns over looming defense cuts caused by sequestration. He joins a chorus that includes the current service chiefs, the Secretary of Defense, and the former chair of the Joint Chiefs of Staff in urging political leaders to find a …
Despite more than $14 billion in cash payments to solar, wind, and other renewable energy project developers since 2009, just 48 terawatt hours of additional annual electricity generation were expected to be added through funds authorized by the stimulus, according to documents released by the Department of Treasury. The more …
Obamacare will certainly have a negative impact on every American, but here are five ways it will harm working Americans: Two-thirds of American employees’ wages will decrease as employers deal with increasing costs. Heritage’s Drew Gonshorowski explains the results of an Urban Institute study: “The Urban Institute claims that mid-size …
On Monday, Secretary of State Hillary Clinton traveled to Algeria to discuss the ongoing security crisis in Mali. Clinton’s visit not only revealed Washington’s increasing openness to military intervention in northern Mali, but it also highlighted Algeria’s regional influence and complicated relationships with its southern neighbors. Since Islamist militants occupied …
The outrage continues to mount over the lack of response at the highest levels of the U.S. government to the terrorist attack on Benghazi on September 11. While President Obama has repeatedly stated that he immediately gave instructions to secure Americans in harm’s way, it is still unclear to whom …
