Budget Trickery The President also employs budget trickery on spending. He first assumes that Iraq spending will continue indefinitely at 2008 levels (which was never going to happen, according to the military’s own Joint Campaign Plan), and then calculates $1.5 trillion in savings against that baseline. If you eliminate that …
The title to President Obama’s budget refers to a new era of responsibility. Responsible budgeting begins with credible economic forecasts. The Obama economic forecast doesn’t merely reflect the return of the famous Rosey Scenario, but puts Rosey in fantasyland. Don’t take my word for it, just look at the numbers …
Amidst the flurry of programs and initiatives that President Obama announced last night, one particularly unwise one has escaped substantial notice: his call for “America [to] once again have the highest proportion of college graduates in the world” by 2020. The experience of Britain since 1999 with a very similar …
In his remarks to Congress Tuesday night, President Obama repeated a liberal clarion call to eliminate a tax incentive for U.S. businesses to invest and move jobs overseas. Most Americans surely have no idea what he’s talking about. And most Americans would surely oppose any tax provision that would encourage …
During President Obama’s address to a joint session of Congress last night, Heritage analysts and scholars offered advice and criticism of policies said and unsaid. From Foreign Policy to Nuclear Energy to price controls on the economy, Heritage covered it all:
In the UK Guardian last month, a leading European energy executive warned that Europe’s carbon market was becoming a “new type of sub-prime tool.” More analysis from the article: The EU’s emissions trading scheme was set up as a market solution to cut greenhouse gas pollution from industry. Polluters were …
Washington – Congressman Mike Pence of Indiana, Chairman of the House Republican Conference, railed against government spending and lack of transparency at the Conservative Bloggers’ Briefing today at the Heritage Foundation. “We think it’s time the Democrats put our money where their mouth is,” he said. We’re advocating that congress …
On February 15, the Venezuelan electorate in a referendum gave President Hugo Chavez a green light to become what he longs to become: president for life. By mobilizing the weapons in his arsenal that includes influence over state employees and recipients of his largesse, with increased media control, and a …
