The year 2012 marks a monumental yet depressing milestone for the wind energy industry: 20 years of tax credits. The federal renewable energy production tax credit, which allows wind producers to take a 30 percent investment tax credit or receive a 2.2-cents-per-kilowatt-hour production tax credit, has been around since 1992. …
Medicare faces a dismal future that could threaten its very existence. In two recent papers, Stuart Butler, Ph.D., and Robert Moffit, Ph.D. of the new Heritage Center for Policy Innovation analyze the problem and offer detailed solutions on how to reverse course. Butler explains that many objections to Medicare reform …
The Washington Post put together a handy infographic examining the distribution of $36 billion in Energy Department financing for renewable energy companies. Solar power generation companies were the largest beneficiaries of DOE’s “investments,” with twelve companies having received a third of the financing under the program.
In an exclusive interview with The Heritage Foundation, Senate Minority Leader Mitch McConnell (R-KY) sharply criticized President Obama for engaging in class warfare and accused him of shifting the focus away from his own failed policies in advance of next year’s election. “My view is he’ll have a hard time …
Amidst the bustle of shopping for gifts, baking cookies, and wrapping presents, many Americans will celebrate this holiday season at places of worship, expressing their thanks for the blessings of another year. The religious practice and belief of Americans at the holidays and year-round signal good news for civil society …
President Barack Obama wants to extend the temporary payroll tax cut into 2012, and congressional Democrats and Republicans agree. They disagree over how to pay for it. Democrats propose raising taxes on the financially successful. This would discourage potential entrepreneurs from starting new enterprises—not the best idea when job creation …
A Senate appropriations panel will consider a measure that would prevent the Department of Energy from subordinating taxpayers to private investors in the repayment of federally guaranteed loans. The measure is the first legislative proposal created in response to the Solyndra scandal. Sens. John McCain (R-AZ) and Tom Coburn (R-OK) …
Yesterday, Barack Obama became the second President to use a speech in Osawatomie, Kansas, as an opportunity to take on the mantle of a previous President. President Obama evoked the memory of Theodore Roosevelt, who gave his famous “New Nationalism” speech laced with the now-rote themes in political rhetoric: “special …
