A123, recipient of a $249 million Department of Energy manufacturing grant, warned of impending debt default and cash problems that forced the company to seek bankruptcy protection. With 14 straight quarterly losses–nearly $83 million in 2nd Quarter 2012 and $125 million in the previous quarter, on top of $258 million …
Tonight’s presidential debate is the last one that will include questions on domestic policy. The previous presidential and vice presidential debates covered a host of issues, but there are key questions still to be answered. Heritage experts submitted five issues below—with questions—that it is important to discuss before the debate …
The Associated Press reports that the White House is weighing the wisdom of striking at terrorist targets in Libya in retaliation for the September 11 attack on the U.S. consulate. According to the AP, the Administration is balancing “whether the short-term payoff of exacting retribution on al-Qaeda is worth the …
Today, the Supreme Court agreed to hear Arizona v. Inter Tribal Council, a challenge to Arizona Proposition 200, which requires prospective voters to show proof of citizenship when registering to vote. Like a litany of other states, Arizona passed this common-sense reform to prevent noncitizens from illegally voting in elections …
The treatment inflicted on 41 Russian journalists in Moscow’s Radio Liberty office is nothing less than scandalous, and it threatens to silence American broadcasting into Russia for good. But what is even more scandalous is that it was not the Russian government that, without warning, shut those journalists out of …
Another green-energy-related company built on government subsidies is having trouble keeping its head above water. This time, the scandal surrounds Compact Power, a subsidiary of LG Chem.* In 2010, the Obama Administration proudly gave Compact Power a $150 million grant to build a vehicle battery manufacturing facility in Michigan. These …
Senate Majority Leader Harry Reid (D–NV) recently promised to bring cybersecurity legislation back to the Senate floor during the lame-duck session of Congress. He also praised President Obama’s draft of a cybersecurity executive order while blaming “Republicans engaging in Tea Party-motivated obstruction” for the Senate’s failure to pass the Cybersecurity …
On January 1, 2013 nearly $500 billion in tax hikes will go into effect. In other words, “Taxmageddon.” Separating truth from fiction in politics, however, is not as clear, as The Heritage Foundation’s Curtis Dubay and Romina Boccia point out in last week’s analysis of the vice presidential debate: About …
