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    Trading Temporary Relief for Permanent Pain

    The House is set to vote today on H.R. 6275, a bill that trades temporary relief for permanent pain. According to a Republican Study Committee report, without a patch, the AMT will impose a $61.52 billion tax bill on middle-class Americans over the next 11 years. This is a tax … More

    Free Trade Fact of the Day

    Great new video from reason.tv out today defending NAFTA by making the argument that the threat to American jobs from trade is no different than the threat from better technology. Host Drew Carey quips:”How are we supposed to compete against something that doesn’t get paid, doesn’t get health insurance, and … More

    Is Common Sense Coming To The New York Times?

    Last week the New York Times finally reported the fact that Europe’s carbon capping scheme is a complete disaster causing higher energy prices, weakening industries, and forcing jobs overseas … jobs … all while failing to reduce carbon emissions. Today the New York Times continues their streak of decent economic … More

    More Alarmism And Incompetence Coming To Capitol Hill

    Tomorrow British academic Nicholas Stern will testify before the House Energy and Commerce Committee on “Climate Change: Costs of Inaction.” Stern is the author of the highly alarmist Stern Review that urged Britain to sharply curtail their carbon emissions today to avoid possible damage to their economy in the future. … More

    Déjà Vu All Over Again: The AMT ‘Patch’ Is Back

    It’s that time of year again. Congress is facing its annual AMT predicament, and once again Americans must suffer through the same worn out debate thanks to House Democrats. The Alternative Minimum Tax (AMT) is a classic example of a broken Congress. The AMT, created in 1969 to prevent the … More

    Water Vapor, Nukes and the EPA

    Something strange is afoot at the Environmental Protection Agency. It is no secret that EPA bureaucrats have been chomping at the bit to start regulating carbon dioxide ever since courts ruled that the naturally occurring plant food which is exhaled by every human being (even Al Gore) is a pollutant. … More

    Morning Bell: Two Steps Back

    The fight to rein in exploding Medicare spending through exposure to market forces took two giant steps back this week. First, the House voted early this week to set aside regulations that would have allowed the Department of Health and Human Services (HHS) to buy medical equipment through competitive bidding. … More

    Hypocrisy on Education

    Today the Washington Post continues its strong reporting on the left’s efforts to kill 1,900 scholarships for low-income students in the District of Columbia. The editors write: Among the most maddening arguments used against the D.C. school voucher program is that it hurts the public schools. Any money set aside … More

    Declaration of Dependence

    Disaster management is over-federalized. This chart from a recent Heritage Backgrounder, The Local Role in Disaster Response: Lessons from Katrina and the California Wildfires, makes it abundantly clear. With the exception of the Johnson and Reagan administrations, the number of federal disaster declarations has steadily and dramatically grown. By the end … More

    Free Trade Fact of the Day

    Among those least amused by Barack Obama’s threats to unilaterally pull out of NAFTA are the Canadians. And being our next-door neighbors, they know exactly where to hit us should the U.S. turn protectionist under a President Obama: If Mr. Obama wins in November and brings his issues — labour … More