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    New Jersey’s New Dealership Regulations Push Out Tesla, Prevent Competition

    In a move that is blatantly anti-competitive and anti-consumer, the New Jersey Motor Vehicle Commission (NJMVC) enacted regulations that, beginning April 1, would prohibit non-franchised, non-licensed businesses from selling vehicles in the state. The regulations would effectively prohibit Tesla manufacturers from selling directly to buyers in New Jersey. You can … More

    America’s Dwindling Economic Freedom: The Root of American Retreat

    America’s economic freedom and its leadership in international security are undeniably aligned. In his recent Wall Street Journal column, William A. Galston of the Brookings Institution asserted that the nation’s continuing jobless recovery has disheartened Americans from supporting a robust U.S. foreign policy: [O]ur political leaders cannot sustain the country’s … More

    How Many Layoffs Would a Higher Minimum Wage Lead To?

    Bad news for minimum-wage workers: If President Obama succeeds in getting the federal minimum wage hiked to $10.10 an hour, some workers could lose their current jobs. According to an Express Employments Professionals survey released Wednesday, a whopping 38 percent of employers said that they would lay off employees if … More

    9 Things Janet Yellen Tried to Say Carefully as the Dow Plunged

    Janet Yellen appeared to emerge with her confidence intact this afternoon after her first press conference as chairman of the Federal Reserve. However, stock markets dropped sharply when, as head of the nation’s central bank, she said the Fed may begin to raise interest rates “six months” after the final … More

    New Book Exposes Entitlement Dangers

    A new book by Jagadeesh Gokhale sheds light on the magnitude of unfunded federal entitlement obligations. Gokhale compiles extensive evidence that America’s current spending path is unsustainable and that the short-term budget impact does not describe the full cost of entitlement programs: [B]udget agencies are refusing to report implicit debts … More

    One Problem We Still Haven't Fixed

    You may not have heard much about the housing market lately…but that isn’t because it’s safe. Leaders in Washington were in denial about Fannie Mae and Freddie Mac’s finances before the last housing crisis. We know how that turned out. And taxpayers are still on the hook for the loans … More

    The Four Key Things Every Taxpayer Needs to Know About Fannie and Freddie

    Five years ago, Congress used nearly $200 billion to bail out the housing finance companies Fannie Mae and Freddie Mac. These companies are still operating under the direct control of the federal government, and taxpayers are underwriting an even larger share of mortgages now than in 2008. Here are four … More

    How to Avoid Another Housing Crisis

    What’s one thing Congress could do to help the economy and American homeowners? Check out our infographic. Read the Morning Bell and more en español every day at Heritage Libertad. Quick Hits: White House to moms: Ask not what Obamacare does for you, but what you can do for Obamacare. … More

    More Than 500 Economists Agree with the CBO: $10.10 Minimum Wage Would Kill Jobs

    More than 500 economists—including three Nobel laureates—told Congress this week that President Obama’s proposal to hike the minimum wage to $10.10 per hour is a job killer. They explain in a letter how it could threaten the fragile economic recovery and destroy jobs. Economists who signed the letter include Nobel … More

    How to Hide Billions in Taxpayer Money and Get Away With It

    Spine-tingling TV shows and movies are always featuring spy capers that are “off-book.” Their existence is on a need-to-know basis, and sure, they’re being funded, but no one sees where that money’s going. There’s a very real, very expensive—and a lot less thrilling—off-book operation going on in Washington. The Treasury … More