Exactly 10 years ago today, the Enron Corporation filed for bankruptcy after it was revealed that it had blatantly falsified its earnings statements for many years. Although most of the accounting irregularities that caused its collapse were already illegal, Congress overreacted and passed Sarbanes–Oxley, a massive and deeply flawed accounting …
How’s this for a waste of taxpayer money? According to Energy& Environment News, the Department of Energy is paying $230,000 for a website to promote career paths in the green energy sector–and it has, ironically, prohibited the listing of actual jobs in the industry. Here’s the report: The Department of Energy …
The Super Committee failed to meet its Thanksgiving to cut $1.2 Trillion from the federal budget. Now what? Click here to join our live “Lunch with Heritage” online chat. We are joined by Heritage’s Director of Economic Policy Studies Alison Fraser. She is taking your questions about why the Super …
In January 2012, Medicare physicians face a 27.4 percent cut in their payment for treating senior and disabled citizens. Congress, as it has routinely since 2003, is feverishly preparing legislation to stop its own goofy Medicare payment formula from going into effect. If they don’t succeed this year, seniors can …
This morning, the House Oversight and Government Reform Committee held a full committee hearing to investigate claims of gross politicization of a grant process that stripped funding for a group effectively serving human trafficking victims. In late September, the Department of Health and Human Services (HHS) ceased funding for the …
The vast majority of American adults hold a definite belief in God. Yet, despite this persistence of belief in America and the important place of religious practice in civil society, an increasingly narrow view of religion is threatening to force faith out of the public square. Consider the recent mandate by …