The debt-limit deal this summer guaranteed a vote on a Balanced Budget Amendment this year. As the House and Senate prepare to vote, there is concern among conservatives that lawmakers will act on a proposal that includes weaker language than others. Sen. John Cornyn (R-TX) spoke at Heritage today about …
Americans have heard all about how the Obama Administration gave a $535 million loan guarantee to the now-bankrupt solar company Solyndra, but details are emerging about others who have won a windfall on the taxpayers’ dime. The latest example? President John F. Kennedy’s nephew, Robert Kennedy, Jr., who secured a $1.4 …
Just as the Supreme Court has decided to take up the court cases challenging the constitutionality of Obamacare, a new Gallup poll shows that the plurality of Americans–including even a plurality of independents–want to see the law repealed. Meanwhile, a new survey by the PwC Health Research Institute shows that health care …
What did America’s founders say about economic inequality? Rather than unload statistics about the reality of inequality in America today, which we have done on other occasions, this post considers inequality based on the economic principles on which our republic was founded. These principles remind us why economic inequality is …
What happens if the “super committee” fails to meet its target of $1.5 trillion in budget savings by Thanksgiving and sequestration is triggered? It would spell doomsday for the military, Defense Secretary Leon Panetta warns. In letters sent to Senators John McCain (R-AZ) and Lindsey Graham (R-SC), Panetta said that under the …
Scribe has reported extensively on the tendency of large government spending projects to reward the politically connected. It’s a virtual constant of federal interventions in the market, and perhaps nowhere is it more evident than in the Obama administration’s “green jobs” push. Writing on National Review Online today, I detail …
Canada exports almost all of its energy to the United States, but because of resistance from the Obama Administration to approving the construction of the Keystone XL pipeline, that could soon change. Canadian Prime Minister Stephen Harper told President Obama that as the U.S. delays, Canada will begin diversifying by …
As expected, the Supreme Court has decided to take up the court cases challenging Obamacare’s individual mandate and the question of whether the whole law should be struck down if the Court finds the mandate unconstitutional. This is another important step toward undoing this unpopular and unworkable health care law. …