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  • Monthly Archives: June 2013

    For the Record: Tax Increases Are Harmful, but Europe Has Pursued Them Anyway

    Dr. Salim Furth at a Senate Budget Committee Hearing.

    Heritage economist Salim Furth gave testimony last week to the Senate Budget Committee, reminding the Senators that economic research shows that deficit reduction should be pursued through spending cuts, not tax increases. Now he has responded to written questions in detail and explored the exemplary 1990s budget cuts. There is … More

    A Hidden Cost: Failure to Reflect the True Cost of Operations Would Damage Readiness

    Andrew Burton/Reuters/Newscom

    Among the amendments cleared for action during House consideration the National Defense Authorization Act (NDAA) for fiscal year 2014 is an amendment sponsored by Representative Chris Van Hollen (D–MD). It would reducing the funding level for overseas contingency operations (OCO), primarily for ongoing operations in Afghanistan, to the level in … More

    GDP: I Do Not Think It Means What You Think It Means

    Newscom

    Many decision makers and commentators treat gross domestic product (GDP) as if it measures the whole of the economy. They even use “the economy” and GDP interchangeably. GDP is an accounting device—and a poor measure of economic health. Household wealth is much closer to what we mean by “the economy.” … More

    Farm Bill: Ask John Boehner WHY

    56percent_300

    Speaker of the House John Boehner (R-OH) said yesterday that he will support the bloated farm bill. But as Heritage has been highlighting, this bill does not do what most people think it does. The nearly trillion-dollar bill actually doles out money to some surprising sources and frankly, it’s not … More

    Scandal Du Jour at the State Department

    state-department

    Another day, another State Department scandal. This time, allegations of sexual misconduct have surfaced against U.S. Ambassador to Belgium Howard Gutman. On top of that, high-level officials in the State Department, which at the time was headed by Hillary Clinton, are accused of shutting down a probe by State’s inspector … More

    Family Fact: Fatherlessness in America

    Father-son-lake

    Sixty percent of kids in Richmond, Virginia, are without a dad in the home, reports First Things First of Greater Richmond. First Things First works to help men become actively involved in their children’s lives in Richmond, Virginia, because, as the group explains, often “it’s the fathers that leave the … More

    Backdoor Bailouts Begin

    Newscom

    The Treasury Department’s release of $100 million from the Hardest Hit Fund last week amounts to a federal bailout of five Michigan cities without congressional oversight or approval. The Hardest Hit Fund, part of the 2008 Troubled Asset Relief Program, was intended to provide assistance to homeowners in states particularly … More

    House Pushes Back on Obama’s Nuclear Disarmament Agenda

    Obama-talking-6-3-12

    The House Armed Services Committee’s (HASC) National Defense Authorization Act (NDAA) advances U.S. national interests when it comes to U.S. nuclear weapons. The bill prohibits elimination of the nuclear triad and limits availability of funds for further nuclear reductions. The President’s previous arms control treaty, the New Strategic Arms Reduction … More

    “Mr. Gorbachev, Tear Down This Wall!”

    US President Ronald Reagan speaks in front of Brandenburg Gate in Berlin, June 12 1987 (Dieter Klar/picture-alliance / dpa/Newscom)

    Today, we celebrate the anniversary of President Ronald Reagan’s great speech before the Brandenburg Gate in Berlin on June 12, 1987. Coming two and a half years before the end of the Cold War, Reagan’s famous line on the Berlin Wall still has that chill-giving power. General Secretary Gorbachev, if … More

    How Obamacare—and Big Hospitals—Will Raise Health Costs

    Newscom

    The New York Times published a column highlighting one way Obamacare will raise health costs: by promoting hospital industry consolidation that will force prices higher. The Times highlighted the case of two Chicago-area hospital systems whose merger was investigated by the Federal Trade Commission in 2000. The article notes that … More