One of the little known costs that taxpayers unwittingly pay is the Judgment Fund administered by the Treasury Department. This fund is used to pay “judicially and administratively ordered monetary awards against the United States” when it loses lawsuits, as well as settlements by the government of threatened or actual …
Heritage President-elect Jim DeMint appeared today on MSNBC’s “Morning Joe,” discussing everything from his decision to leave the Senate to how lawmakers should approach issues of gun violence in the wake of the Newtown, CT, shooting. DeMint urged the country to “step back and dig down” in response to the …
House Cloakroom: January 14 – January 18 Analysis: The 113th Congress begins its first full week in session on Monday as the House of Representatives returns to Washington after being officially sworn in on January 3. This week, the House will take up the Hurricane Sandy disaster relief bill. There …
A California town spent tens of thousands of dollars in taxpayer funds on miscellaneous office expenses and is attempting to bill the federal government for the costs, according to a federal watchdog’s report. In the wake of a damaging flood, the town of San Anselmo spent taxpayer funds ostensibly marked …
Last week Jim DeMint wrapped up work in the U.S. Senate and embarked on a new mission as president-elect of The Heritage Foundation. After spending his professional career in research, advertising and marketing, DeMint is now setting out to more effectively communicate conservative ideas to the American people. Today he …
Steve Forbes believes the free market is getting a bum rap. Thanks in part to demagoguery from Washington’s political class and outright vilification from Hollywood, there seems to be little to like. The two-time presidential candidate and magazine executive wants to change that perception. Forbes, author of “Freedom Manifesto: Why Free Markets are Moral …
Today’s passing of Nobel Prize-winning economist James M. Buchanan is a sad milestone, but a good time to remember his impact on economics. Buchanan’s basic contribution to economic theory (and policy) was both simple and profound: Political decision makers, just like consumers and producers, are self-interested and subject to constraints. …
