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  • Monthly Archives: February 2013

    Organizing for Action Uses Discredited Information on Sequestration

    Jewel Samad/AFP/Getty Images

    President Obama’s campaign organization is using discredited information and misleading numbers in its latest effort to lobby Congress to stop sequestration. An email sent today by Jim Messina, chairman of Organizing for Action, urges supporters to sign a petition in support of Obama’s tax hikes. The email includes the typical … More

    Taiwan’s Role in America’s Pivot to Asia

    Newscom

    The often overlooked relationship between the United States and Taiwan has never been more important. Effective economic and security cooperation between the United States and Taiwan is absolutely necessary as the U.S. shifts focus to Asia. The Heritage Foundation’s Asian Studies Center, in partnership with the Taiwan Benevolent Association of … More

    Department of Energy: No Room for Sequestration Cuts?

    Rainer Jensen/dpa/picture-alliance/Newscom

    President Obama is touring the country and campaigning against the spending cuts under sequestration, such as cuts to energy research. The Department of Energy (DOE) itself has claimed that it may have to “curtail vital programs” and furlough employees in light of sequestration. The Heritage Foundation has already identified wasteful … More

    Financial Transactions Tax Is Back - Again

    Bill Clark/CQ Roll Call/Newscom

    Two Members of Congress are reportedly trying again to impose an excise tax on certain financial transactions—i.e., the “Robin Hood tax.” A financial transactions tax can take several forms, but the version proposed by Senator Tom Harkin (D–IA) and Representative Peter DeFazio (D–OR) in the last Congress would have charged … More

    British Report Supports Heritage Analysis of Al-Qaeda Threat

    UPPA/ZUMAPRESS/Newscom

    On Monday, the Britain-based think tank the Henry Jackson Society—named for Senator Henry “Scoop” Jackson of Washington—published a major report by co-authors Robin Simcox and Emily Dyer on Al-Qaeda in the United States—A Complete Analysis of Terrorism Offenses. The report provides, in its words, “a comprehensive overview of those who … More

    Bernanke’s Defense of Fed Policies Neither Comforting nor Convincing

    Newscom

    Do the risks from the Federal Reserve’s trillion-dollar annual stimulus program justify the rewards? That was the central question at Tuesday’s Senate Banking Committee hearing featuring Fed chairman Ben Bernanke. Bernanke worked hard to defend the Fed’s quantitative easing policy, but he appears to oversell the rewards by a mile … More

    Morning Bell: The Best Part of the Oscars 2013

    Photo: inffr-09/INFphoto.com/Newscom

    America has been buzzing about the dresses, the stars, the winners, and the hit films all week. But the most important part of the Oscars is a real-life drama that is still playing out. It is not unusual for Hollywood actors to use their stardom to bring attention to human … More

    DeMint on CNBC: We Need a Balanced Budget in 10 Years (VIDEO)

    All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at which government spending is continuing to grow, said Heritage President-elect Jim DeMint on “The Kudlow Report.” He told host Larry Kudlow, “You can see…there’s no … More

    Small Business Administration: No Room for Sequestration Cuts?

    Smith/MCT/Newscom

    The White House warns that sequestration “would reduce loan guarantees to small businesses by up to $902 million”—loans that it claims are “investments that are helping grow our economy.” Setting this flawed Keynesian line of thinking aside, it’s worth investigating whether or not there is room to reduce spending at … More

    Kerry: Diplomacy Is Hard Work

    MICHAEL REYNOLDS/EPA/Newscom

    On Monday, Secretary of State John Kerry took off on his first foreign trip of the capitals of Western Europe and the Arab world. The focus of the trip is the just-about-impossible task of creating international consensus on ending the civil war in Syria at a an international conference in … More