Bipartisan outrage is a rarity in Washington these days, but the Obama Administration’s lack of transparency over Benghazi has provoked it. This $64,000 question occupied Congress in open and closed hearings last week as well as the Sunday talk shows: Who altered the Administration’s talking points on the Benghazi terrorist …
Although Japan is now best remembered for two decades of economic stagnancy, its post-war development plan can still serve as a model for emerging countries and economies recovering from crisis. This notion was on display in October, when, for the first time since 1964, Tokyo hosted the annual meetings of …
In a recent interview with Platts Energy Week TV, Sen. Ron Wyden (D-OR), incoming chairman of the Energy and Natural Resources Committee, discussed his plans to revise government loan programs that he claimed don’t do enough to boost innovative green energy projects. “Right now they’re not doing enough to encourage …
A letter from 232 multi-industry organizations, in conjunction with the U.S. Chamber of Commerce, is calling on President Obama and Congress to restructure the nation’s entitlement programs and put them on a path toward financial sustainability. These organizations recognize that the country’s rising debt poses grave economic risks. In the …
With sequestration—the automatic reductions to the federal government set to occur January 2, 2013—looming ever closer, The Heritage Foundation has put forth a proposal to replace these cuts and avert the disaster. Heritage’s Patrick Louis Knudsen recently detailed $150 billion worth of savings to be found in the federal budget …
Over the last four days, militants in Gaza have fired more than 840 rockets at Israel. Hamas rockets have reached the outskirts of Jerusalem and Tel Aviv for the first time, thanks to the smuggling of Iranian rockets into Gaza. The increasing range and sophistication of Palestinian rockets has expanded the …
This past week, media outlets have been abuzz, heralding the news that poverty levels in the United States are higher than previously thought. But the numbers are misleading. The Census Bureau reported last week that, according to its new “supplemental poverty measure,” 49.7 million Americans are in poverty. This figure …