When the President’s budget comes out Wednesday, it will complete the last piece of the budget puzzle, as the House and Senate have each duly passed a budget according to law. Never mind that the President’s budget is supposed to lead Washington budget discussions, rather than follow. The key question …
Today, Cyprus’s banks opened for the first time in more than 10 days, after Cypriot President Nicos Anastasiades—without seeking approval from his parliament—agreed to bailout terms that will raid citizens’ bank accounts. Those banking in Cyprus should not get too excited about the banks reopening. Strict capital controls are in …
Bad ideas never seem to die. But the proposal to create a national infrastructure bank to federally fund transportation and infrastructure projects with taxpayer dollars is one such idea that President Obama and lawmakers in the 113th Congress should put to rest. A recent Politico article noted that the departure …
Talk-radio host Neal Boortz is no fan of the nation’s capital. “The place gives me the creeps,” he said on this week’s Scribecast. Boortz, a self-described libertarian who first visited Washington, D.C., in the 1950s, said federal bureaucrats have given the city a bad reputation. “I came to know Washington …
It used to be that children had to worry about the school bully stealing their lunch money. Now they also have to worry about the federal government taking their lunches away. A recent story about a North Carolina preschooler’s lunch being confiscated because it failed to meet federal requirements has …
Stories are powerful. They help us relate to other individuals and communicate complex issues. They are an essential ingredient to making policy change in Washington. That’s why we’re asking for your help. The Heritage Foundation is seeking examples of individuals, entrepreneurs and business owners who have been negatively affected by …
In recent Heritage research, Boston University law professor Gary Lawson describes the shortcomings of the current informal rulemaking process, in which bureaucrats use power delegated to them by law with little oversight or accountability. Using Obamacare as his prime example, Lawson writes: [Obamacare] will not emerge from the constitutional process …