Politicians have always been great at two things (1) making promises that cannot be kept and (2) spending taxpayer money. Health care reform is no different. In fact, every health care bill proposed by Congress thus far will cost over $1 trillion dollars, expand the size of government and will create a new entitlement. As the Wall Street Journal noted this morning, the House Ways and Means Committee originally estimated that Medicaid’s “first-year costs would be $238 million. Instead it hit more than $1 billion, and costs have kept climbing.” …
This week the House of Representatives held hearings on a sweeping new law that would impose a cap on carbon emissions and regulate energy and manufacturing in this country. Moderate Democrats in Congress are less than thrilled about telling their constituents they are about to swell the ranks of the unemployed by making it even more difficult for companies in the energy and manufacturing sector to stay in business. William LaJeunesse reports live from a cement plant in California that will likely shudder due to the new “low carbon” emissions …
It’s the day of the year that the world celebrates being green and there’s certainly a lot to be “green” about today. The Pacific Research Institute and the American Enterprise Institute (AEI) published their yearly Index of Leading Environmental Indicators showing major progress in cleaner air and safe drinking water. Despite the apparent “sky is falling” mentality of many environmentalists and Members of Congress, there are good things going on outside of government-directed environmental progress. The report indicates that not one American or Western European city ranks among the top …
This weekend the North Koreans tested their Taepodong 2 ballistic missile, surpassing their 2006 effort by completing at least two phases and traveling a longer distance. This improvement is still a troubling development. To his credit, Obama is calling for the UN to enforce its previous resolutions prohibiting North Korea from launching a ballistic missile. If the UN fails to respond it calls in to question its own legitimacy. But at a time when the U.S. should be taking very seriously threats from around the world, President Obama chose to …
