• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • EPA to Raise Electricity Prices, Risk Blackouts

    The Environmental Protection Agency (EPA), seemingly undeterred by the slow economic recovery, is marching ahead with air pollution regulations that would increase electricity prices, raise costs for businesses and consumers, and risk power outages. The EPA’s Cross-State Air Pollution Rule (CSAPR) and the Mercury and Air Toxics Standards (MATS) are … More

    A Small-Business Owner's Message to "Occupy Wall Street"

    Camping out for nearly a month, yelling, chanting, and painting signs is apparently some people’s idea of a good time. But given all this time on their hands, and with just a little guidance, “Occupy Wall Street” protestors might really make a difference. They could, for example, help out this … More

    On Social Security, Tax Hikes Are Not the Answer

    Social Security is currently unsustainable. It began running deficits in 2010 and its trust fund will be exhausted by 2036, which is when seniors will see about a 25 percent cut in benefits. This is the scenario we face if Congress and the President fail to enact meaningful entitlement reform … More

    America Treading Down Road to Serfdom with Big Spending

    “The late great Austrian economist F.A. Hayek would have seen the Arab Spring for the economic revolt it was right from the start,” writes Hoover Institution scholar Fouad Ajami in The Wall Street Journal. In his iconic Road to Serfdom, Hayek laid out the stepping stones that lead societies to … More

    New Stimulus Plan Same as the Old: Spend, Spend, Spend

    While the rest of the country talks about the urgent need to reduce the crushing debt burden and get the U.S. fiscal house in order, Senators such as Harry Reid (D–NV) and Charles Schumer (D–NY) propose spending even more. But unlike the main character in the musical “Spend, Spend, Spend,” … More

    Stimulate the Weak Economy by Cutting Corporate Taxes

    This week’s disappointing news on the progress of the economic recovery has some Democrats and their allies yearning for more fiscal “stimulus.” But continuing the failed policies of the recent past would be the wrong response. Instead, Congress and the President should pursue fiscal policies that stimulate the engines of … More

    No Reason to Tap the Strategic Petroleum Reserve

    In response to OPEC’s inability to come to agreement on boosting oil production, the White House indicated that it would not shy away from tapping into the Strategic Petroleum Reserve (SPR), which holds 700 million barrels of unrefined petroleum reserves in underground salt caverns, in order to smooth over oil … More

    Big Corn Going on Offense

    Ethanol subsidies that are set to expire at the end of this year continue to lose support among the public and in Congress. King Corn, understandably not too happy about this change in public attitude, has launched an extensive lobbying campaign targeting Capitol Hill and beyond. The Corn Farmers Coalition … More

    The Graph That All Tax Hike Mystics Need to Grapple With

    People often remember the entire decade of the ’90s as a period of robust economic growth. Economic growth was so impressive in the latter half of the ’90s, in fact, that some claim the Clinton-era tax hikes spurred the economy to prosper. But was that actually the case? Did tax … More

    U.S. Hits Debt Ceiling, but Default Is Completely Avoidable

    Now that the U.S. hit its $14.3 trillion debt ceiling on May 16 and the doomsday predictions of the financial apocalypse that was going to tank the economy failed to materialize, the question remains: How should Congress respond? Congress has until August 2 to respond. It could raise the debt … More