October 8, 2008 at 11:03 am
Barack Obama doesn’t have a long career in the United States Senate, but while he has been there he has been a consistent supporter of subsidies and mandates for ethanol (his home state of Illinois is a major corn producer). To this day, it is still a key element in … More
October 8, 2008 at 9:00 am
Barack Obama has frequently called the North American Free Trade Agreement (NAFTA) “a bad deal.” During one Democratic primary debate, Obama even said he would unilaterally “use the hammer of a potential opt-out” to “renegotiate” the entire treaty. But after he secured the nomination, Obama changed his tune, admitting that … More
October 1, 2008 at 12:01 pm
As part of their Health Care Watch series, The New York Times Campaign Stops blog invited Heritage vice president for domestic policy Stuart Butler to analyze the presidential candidates health care plans. Butler writes: Barack Obama’s approach might be called “expand and economize.” Essentially he would add commitments and centralize, … More
September 19, 2008 at 8:24 am
According to the Tax Policy Center, Barack Obama plans raise the tax burden on all Americans by $627.1 billion over the next 10 years. Defending this policy on ABC’s “Good Morning America,” Joe Biden told Americans they should enjoy paying higher taxes because “it’s time to be patriotic … time … More
September 17, 2008 at 12:10 pm
Every year the international accounting and consulting firm KPMG issues a Corporate Tax Survey to “help our member firm clients and other organizations consider developments across borders.” In other words, to better inform their clients about which countries offer the most competitive environments for business. This year KPMG reports: [T]the … More
September 15, 2008 at 9:22 am
In what some observers are calling a reshaping of Wall Street, two of the world’s largest investment banks, Merrill Lynch and Lehman Brothers, are set to disappear. Lehman has announced it will file for Chapter 11 bankruptcy protection, and Merrill Lynch was bought by Bank of America. For all the … More
September 10, 2008 at 4:10 pm
In the video below, Barack Obama tells an audience in Norfolk, Va., that there are analysts at The Heritage Foundation “who are acknowledging that my tax plan provides more relief to the average American than John McCain’s does.” [youtube]http://www.youtube.com/watch?v=ahHpaFKoQDo[/youtube] Here is the actual quote from the New York Sun: Mr. … More
September 10, 2008 at 12:31 pm
It’s no secret that presidential nominee John McCain wants to build more nuclear power plants in the United States. He’s called for 45 new plants by 2030 (and more if possible). It’s also no secret that Senator McCain holds the nickname “maverick” for disagreeing with his own party and blazing … More
September 10, 2008 at 9:21 am
Speaking in Dayton, Ohio, yesterday, Barack Obama hit the right rhetorical notes on the current state of education in the United States: If we want to keep building the cars of the future here in America, then we can’t afford to see the number of Ph.D.s in engineering climbing in … More
September 8, 2008 at 1:35 pm
The Heritage Foundation has long argued that tax cuts, not tax hikes, are the best policy, especially when the economy is weak. Turns out Barack Obama agrees with us. Watch the video yourself, but here is a rough transcript of Obama’s exchange with George Stephanopoulos from This Week: STEPHANOPOULOS: Even … More