On November 23, 2009 the Congressional Budget Office issued “Economic and Budget Issue Brief: The Costs of Reducing Greenhouse-Gas Emissions.” This brief echoed many of the points The Heritage Foundation has made in its reports, WebMemos, blogs and our responses to a request from Henry Waxman (D-CA), chairman of the …
Several weeks ago we received a letter from Chairman Henry Waxman of the House Energy and Commerce Committee requesting information concerning our economic modeling of H.R. 2454, the American Clean Energy and Security Act. We quickly responded (our answers are available here). Several other organizations and government agencies also received …
The economic losses from carbon emissions cap-and-trade policies are often compared with “the cost of doing nothing.” CBO director Doug Elmendorf in his testimony to the Senate Energy and Natural Resources Committee labels these costs as nonmarket impacts. These include effects of human health, loss of species’ habitats, and other …
Congressional Budget Office Director Douglas Elmendorf testified on October 14 before the Senate Committee on Energy and Natural Resources to discuss the economic effects of reducing greenhouse gas emissions and the effects – most notably the effects of the Waxman-Markey cap and trade legislation. Although Elmendorf felt that Waxman-Markey could …
Healthcare with Heritage: Nina Owcharenko
Throughout the health care debate, President Barack Obama repeatedly promised the American people that his health care plan “will help bring our deficits under control in the long term.” The problem is that the White House could not get the Congressional Budget Office to cooperate. Throughout the summer the CBO …
The New York Times released a new poll today finding that 55% of Americans believe President Obama has not clearly explained his plans for changing the health care system and 59% said they thought the health care changes under consideration in Congress were confusing. In a follow-up interview, Paul Corkery, …
President Barack Obama has promised Americans on multiple occasions that his health care plan would not cut benefits for Medicare enrollees. For example, on August 11th Obama promised: “I just want to be clear, again: Seniors who are listening here, this does not affect your benefits. This is not money …
