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    The Obama Tax Plan: Undercutting Economic Growth

    The President and his advocates in Congress argue that raising taxes on all taxpayers would damage the economy but that raising taxes on only “high-income” households is supposedly not economically destructive. This line of reasoning is simply mistaken. (House Speaker John Boehner (R–OH), perhaps still cognizant of the economic ramifications … More

    Why Wind Power Has Low Economic Value

    Michael Goggin, manager of transmission policy at the American Wind Energy Association (AWEA), posted a second response to my report “Wind Intermittency and the Production Tax Credit: A High Cost Subsidy for Low Value Power.” As before, Goggin does not respond to my analysis, leaving my main point unanswered. In … More

    Kerry in Spotlight; Hot Issues Remain for Next Secretary of State

    Last week, embattled U.N. Ambassador Susan Rice took herself out of the running for Secretary of State as Hillary Clinton’s successor. It did not take long for the rumor mill to pick up that President Obama is leaning toward Senator John Kerry (D-MA) for the post. Though Rice did not … More

    Fiscal Cliff Solutions: Soar Over the Cliff or Kick the Can

    Kicking the can is the least repugnant remaining resolution to the fiscal cliff. The only alternatives appear to be the Republicans’ unconditional surrender on income tax rates (and conceding their principles) or simply going over the cliff. The story is now a familiar one. Congress and the President conspire to … More

    12 Days of Obamacare Surprises: Exchange Subsidies

    Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 9 days, Heritage is going to highlight one of the various changes in Obamacare projections (i.e. cost, enrollment, etc.) from when the law first passed until now. The … More

    Too Eager for a Fiscal Cliff Deal: Republican Leadership's $1 Trillion Tax Hike

    The latest fiscal cliff proposal by Speaker of the House John Boehner (R–OH) is infuriatingly frustrating to conservatives, again. In exchange for $1 trillion in tax hikes—including the President’s immediate tax rate hike on the wealthy—Boehner asked for just $1 trillion in spending cuts. And, to sweeten the pot for … More

    Hurricane Sandy Relief: Billions Spent on Transportation

    Transportation agencies and programs including the Federal Highway Administration, the Federal Aviation Administration (FAA), Amtrak, and other transit stand to benefit handsomely from the Senate’s $60.4 billion Hurricane Sandy spending bill, which it will consider this week. Though cast as disaster relief, much of the bill’s spending would not reach … More

    12 Days of Obamacare Surprises: Taxes

    Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 10 days, Heritage is going to highlight one of the various changes in Obamacare projections (i.e. cost, enrollment, etc.) from when the law first passed until now. To … More

    Obama Administration Prepares to Resume Nuclear Talks with Iran as Congress Ratchets Up Sanctions

    The long-stalled talks on Iran’s nuclear program will soon resume. Earlier this week, European Union diplomat Helga Schmid contacted Iran’s deputy nuclear negotiator, Ali Bagheri, “to discuss the way ahead, including possible dates and venues for talks,” according to State Department spokesman Victoria Nuland. Three rounds of talks this year … More

    12 Days of Obamacare Surprises: Small Business Tax Credit

    Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 11 days, Heritage is going to highlight one of the various changes in Obamacare projections (i.e. cost, enrollment, etc.) from when the law first passed until now. The … More