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    Obama's Austerity Myth

    The Obama administration put out the word this weekend that the president’s new budget will end several years of “austerity” in Washington. Come again? Austerity? Since 2009, federal borrowing has skyrocketed by $6 trillion. This year’s budget deficit is expected to fall to somewhere near $500 billion, which sadly is … More

    10 in Union ‘Goon Squads’ Indicted for Violence, Arson in Philadelphia

    Ten members of a Philadelphia ironworkers union are charged with conspiring to commit extortion, arson, destruction of property, and assault to force construction contractors to hire union workers, according to the FBI. The FBI this week said the members of Ironworkers Local 401  collaborated with allies who sought out construction … More

    Tony Stark, Come Home: Hollywood Seeks Tax Breaks to Lure More Movies

    Hollywood’s new role may be as the world capital for film entertainment in name only, unless California can compete with other states in tax incentives, industry watchers say. FilmL.A. Inc., the nonprofit film office of the city and county of Los Angeles, has partnered with Warner Bros. Entertainment, unions and others … More

    By How Much Did Congress Increase the Debt Ceiling? Hint: It’s a Trick Question

    Just a few weeks before President Obama releases his budget proposal to boost deficit spending for the remainder of his term, Congress voted to “raise the nation’s borrowing limit through March 2015.” But there’s one big question: By how much did Congress raise the debt limit, exactly? As Heritage’s Romina … More

    Steve Moore Demolishes the Argument for a Higher Minimum Wage in Under Two Minutes (VIDEO)

    The real minimum wage will be “zero” for individuals who lose their jobs as a result of the federal minimum wage increase, according to The Heritage Foundation’s Chief Economist Steve Moore. “You know what the minimum wage is going to be for those people who lose their job? It’s going … More

    What the Washington Post Got Wrong in Its Debt Limit 'Fact Check'

    The Washington Post’s Glenn Kessler focused his latest Fact Checker column on The Heritage Foundation analogy that suspending the debt limit is like giving a “blank check” to President Obama. Kessler gave us two Pinocchios. We decided to turn the table and look at Kessler’s arguments. Kessler acknowledges that Congress’ … More

    The White House Doesn't Like These Particular Facts

    A funny thing is happening to President Obama in his pursuit of redistributive economic policies: Facts are getting in the way. The facts in this case are being pronounced by the Congressional Budget Office (CBO), a nonpartisan federal agency that crunches numbers for the government, which concluded that raising the … More

    Obama's Heavy-Duty Audacity

    President Obama grabbed headlines this week for (supposedly) bypassing Congress to advance his global warming agenda. As part of what aides characterize as a “muscular and unilateral campaign” to reduce greenhouse gases, the President directed his Environmental Protection Agency (EPA) and his Department of Transportation (DOT) to tighten fuel-efficiency standards … More

    The Problem with Giving America a Raise

    In his State of the Union Address, President Obama told Congress to “give America a raise.” But as the job forecasts are revealing, he might as well have told them to “kill some American jobs.” Why? Heritage experts forecasted months ago that a proposed minimum wage hike would kill the … More

    Mamma Mia! Sweden’s Remarkable Rise in Economic Freedom

    A member of celebrated Swedish pop group ABBA recently made this confession about the group’s signature bell bottoms and platform heels: “[W]e looked like nuts in those years. Nobody can have been as badly dressed on stage as we were.” It turns out that ABBA’s unique fashion choices were partially … More