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    Vetoing Congress’s Medicare Mess

    If the government controls the entire health care system, the recent congressional debate over Medicare is a tart foretaste of what Americans can expect. Last week the Senate passed the Medicare Improvement for Patients and Providers Act of 2008 (H.R. 6331) just weeks after the House passed the same bill … More

    President Lifts Order on Offshore Drilling

    President Bush has done his part and now it will be up to Congress to do theirs. President Bush is lifting an executive order restricting offshore continental shelf drilling, an order put in place by George H.W. Bush in 1990. President Bush said in this speech, “The only thing standing … More

    Free Trade Fact of the Day

    The National Center for Policy Analysis‘ Michael Stroup makes an interesting finding when he compare the Fraser Institute’s Economic Freedom Index (EFI) with Freedom House’s political rights index (PRI). The EFI uses objective data to rate a government’s relative level of economic freedom taking into account limited government, stable monetary … More

    Tankosphere Today: July 14,2008

    The Obama Health Plan – John Goodman’s Health Policy Barack Obama rarely gives a speech these days without mentioning “universal coverage.” Yet, in contrast to Hillary Clinton, Obama has no mandates (other than for children). Instead, he would rely on incentives…. (tags: Health Care) The Washington Post: A Tale of … More

    A New Hope For Reining In EPA

    This past Friday, on the same day the Environmental Protection Agency filed their blueprint for a massive reorganization of our entire economy, the United States Court of Appeals for the District of Columbia Circuit issued an opinion which seriously undercuts the legal basis for the EPA’s ambitious plans. Responding to … More

    Paul Krugman Is Half Right

    Following up on his apologia for Freddie Mac and Fannie Mae today, Paul Krugman blogs: What you need to know here is that the right — the WSJ editorial page, Heritage, etc. — hates, hates, hates Fannie and Freddie. Why? Because they don’t want quasi-public entities competing with Angelo Mozilo. … More

    Who Does Paul Krugman Think He’s Fooling?

    Commenting on the Fannie Mae and Freddie Mac mess, Paul Krugman asserts in his column today: Fannie and Freddie had nothing to do with the explosion of high-risk lending a few years ago, an explosion that dwarfed the S.& L. fiasco. In fact, Fannie and Freddie, after growing rapidly in … More

    Morning Bell: The Left’s Crony Capitalism Exposed

    In 2004, after a tip from a whistle blower who was later fired, the Office of Federal Housing Enterprise Oversight (Ofheo) issued a report finding that the government-sponsored entity Fannie Mae had engaged in Enron-like accounting machinations that allowed Fannie to overstate its earnings and underestimate the risk the company … More

    Tony Snow, 1955-2008

    All of us at The Heritage Foundation are deeply saddened by the loss of Tony Snow. The former White House press secretary, radio talk-show host, “Fox News Sunday” anchor and current CNN contributor was always full of energy and optimism, even as he battled cancer. Snow died early this morning … More

    Rising Oil Prices Affect Militaries

    How far would you go to save money at the gas pump? Would you calculate the precise amount of fuel required for the daily commute? Would you remove the air conditioning system, extra seats and other unnecessary weight from your car that lowers MPG? If your gas bill were $4.7 … More