Under the leadership of Chairman Dave Camp (R–MI), the House Ways and Means Committee released draft legislation for improving the tax treatment of small business. This is an important step forward on the road toward comprehensive tax reform. The special attention Ways and Means focuses on small businesses is truly …
Despite billions of dollars in unused loan authority remaining under the Department of Energy’s (DOE) Loan Programs Office, negative publicity surrounding the loan guarantee programs (which offer taxpayer dollars to government-approved companies) has tampered with applications, according to a new Government Accountability Office (GAO) report. More than $51 billion in …
This week, President Obama travels to the Middle East, including his first visit to Israel since becoming commander in chief. The trip comes at a challenging time of declining U.S. leadership abroad and waning economic freedom and prosperity at home, a regrettable combination that the President’s own policies have created. …
Russia’s objections to U.S. missile defense development and deployment have been on the agenda of consecutive American Administrations starting with Ronald Reagan in the 1980s. For President Obama, it became a high priority as Moscow turned missile defense disagreement into a principal bone of contention. But he threw it under …
It would take only 33 minutes for a missile to reach the U.S. from anywhere in the world. That’s a sobering thought when North Korea is taunting America with threatening video propaganda about its nuclear capabilities and Iran is advancing its nuclear program. In response to these threats, the Obama …
Severe flaws and limitations exist in the scientific research into the relatively new phenomenon of same-sex parenting, argue preeminent political scientists Leon R. Kass and Harvey C. Mansfield in a brief filed with the Supreme Court by Nelson Lund. The scholars urge the Court not to redefine marriage based on …
Two weeks after the death of President Hugo Chavez from cancer, Venezuela’s interim chief and Chavista presidential candidate Nicolas Maduro is increasingly resorting to wild, paranoid, anti-American outbursts in an effort to convince Venezuelans he has the machismo needed to fill El Commandante’s boots. Following initial claims that the U.S. …
Congressman Paul Ryan’s (R–WI) budget outline calls for federal employees to contribute more to their pensions, but the American Federation of Government Employees (AFGE) is none too happy about it. In noting that total federal employee compensation is currently excessive, Ryan is on solid empirical ground. But instead of trying …
