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  • economic stimulus

    Stimulus Turf Wars

    The crowd eager for a handout from the upcoming economic stimulus bill is growing. On December 8th, the US Conference of Mayors presented their wish list. The report, entitled “Mainstreet Economic Recovery,” lists 11,391 local infrastructure projects with a price tag totaling $73.2 billion. Unfortunately, the list is basically a … More

    Keep Earmarks Out of the Upcoming Economic Stimulus Bill

    Another economic stimulus bill is imminent, and early reports put the potential price-tag around $700 billion. With such an astronomical figure being considered, it is no surprise the special interest lobbyists have taken notice. Everyone wants part of the latest government hand out. From bailouts for states in financial trouble … More

    Merely the Beginning of the Bailout Parade

    Heritage U.S. Senate Relations Director Brian Darling writes in Human Events: The Democratic leadership in Congress and President-elect Barack Obama have an ambitious stimulus list, including monies for pet transportation projects, an extension of unemployment insurance, food stamps and a costly auto industry bailout (more on that below). The Bush … More

    Morning Bell: Redistribution Does Not Create Growth

    On Aug. 1, then-candidate Barack Obama announced a $50 billion “emergency” economic stimulus plan. Now that he’s been elected, President-elect Obama’s advisers are pushing for a $500 billion spending plan. That number is not a mistake. In just three months the size of Obama’s emergency spending plan has risen tenfold. … More

    Boehner’s Pro-Growth Proposal

    Congress is expected to vote on a stimulus package after the election. This package may include various spending increases including funding for infrastructure, and bailouts for states facing budget shortfalls. Unfortunately, proposals made thus far are emblematic of a failed approach. Increased spending, whether it is in the form of … More

    Morning Bell: Stop Digging

    Since it appears more and more likely that Congress will approve another economic stimulus package within the next couple of months, every special-interest group under the sun is swarming Capitol Hill for handouts. Yesterday it was the nation’s governors turn as Govs. David Patterson (D-NY) and Jon Corzine (D-NJ) came … More

    Morning Bell: Obamanomics Is Already Here

    Somewhere between 75% and 85% of Americans believe the United States is on the wrong track. And if the polls are any indication, Democrats will be elected in large numbers promising a stark “change” in policy. But Americans are in for a rude awakening: Much of the economic stimulus ideas … More

    Bigger Government, Higher Taxes and Weak National Defense: New Liberal Agenda Is Actually Old

    With the election still a week away, Congressman Barney Frank (D-MA), chairman of the House Financial Services Committee, is already setting the stage for drastic cuts in defense spending, higher taxes, and bigger government. In a meeting with the editorial board of The Standard-Times, a local Massachusetts newspaper, Rep. Frank … More

    Heritage Debuts on Pajamas TV

    This fall Pajamas Media launched a new venture called Pajamas TV. Anticipating growth in online video and Internet TV, Pajamas recruited some of the country’s top bloggers to serve as on-air hosts, including Michelle Malkin, Glenn Reynolds of Instapundit, Hugh Hewitt of Townhall, Charles Johnson of Little Green Footballs and … More

    Pro-Growth Tax Policy, Not a Transfer of Funds, Will Stimulate the Economy

    The House Budget Committee yesterday held a hearing, “Economic Recovery: Options and Challenges.” The headliner of the event, Federal Reserve Chairman Ben Bernanke, caused quite a stir with his near endorsement of a proposed second stimulus bill. However, others who spoke at the hearing, such as Rep. Paul Ryan (R-WI), … More