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    Morning Bell: 10 Questions for the First Presidential Debate

    Tonight’s debate between President Barack Obama and former Governor Mitt Romney is supposed to focus on domestic policy, with a major concentration on the economy. Health care, the role of government, and philosophy of governing are also on the agenda. The Heritage Foundation’s policy experts have submitted 10 questions they … More

    10 Ways the Obama Administration Is Hurting America's Energy Economy

    One of the few bright spots over the past few years in America’s economy has been energy production, but this has occurred largely in spite of this Administration’s energy policies, not because of them. And the simple fact remains that our energy economy could be even brighter, but egregiously burdensome … More

    Bigger Government, More Cronyism, Less Economic Freedom

    Recent news about the Obama Administration’s divestitures from AIG and GM—in some cases at a loss of billions of dollars—stands as a reminder of the privilege and cronyism that permeates our economy. As favoritism grows with the size of the government, economic freedom continues to be eroded by policies like … More

    Another Downward GDP Revision Shows Economy Still Not Recovering

    On Thursday, the Department of Commerce revised its second quarter estimate of economic growth (in terms of real gross domestic product, or GDP) down to 1.3 percent from 1.7 percent. Anything less than a 2 percent rate of growth is more typical of an economy wilting toward recession than an … More

    Morning Bell: Obama and Congress Are Choosing to Cause a Recession

    President Obama recently said, “The most important lesson I’ve learned is you can’t change Washington from the inside.” That’s demoralizing to hear when a recession is bearing down on the economy—and it’s an inside job. The Congressional Budget Office has forecasted a fresh recession to hit next year if Taxmageddon, … More

    Echoes of 1980

    For those old enough to remember 1980, the current campaign can seem mighty familiar. Back then, for example, the presidency of Jimmy Carter was besieged by an ongoing recession and soaring energy costs. Carter’s reaction was to retreat to Camp David for 10 days of talks with political leaders and … More

    Romney's Tax Plan Doesn't Have to Raise Taxes on the Middle Class

    The Tax Policy Center (TPC) made headlines with its analysis of Governor Mitt Romney’s tax reform plan. The authors of the TPC report found, incorrectly as it turns out, that Romney’s plan would “necessitate” a tax increase on middle- and low-income taxpayers. Their conclusion is wrong and the report flawed … More

    Romney's "60 Minutes" Fix For Social Security and Medicare

    President Obama’s and Governor Romney’s appearances on “60 Minutes” Sunday revealed an interesting contrast. The President punted on a serious question about the nation’s concern over spending—blaming everything on President George W. Bush. Right. Obama’s been in office how many years now? At what point does he take responsibility for … More

    The Jones Act vs. Affordable Energy

    The Wall Street Journal recently highlighted another Washington regulation that is holding back the economy. But this one can’t be blamed on President Obama, because it was enacted over 90 years ago. The protectionist Jones Act requires shippers transporting goods between two points in the United States to use vessels … More

    The Right Rhetoric: Free Trade Leads to Jobs and Growth

    A new article published yesterday in The Wall Street Journal, featuring new research by The Heritage Foundation, tries to slice through the rhetoric on trade policy during a week when the Obama Administration announced a new trade suit against China. The article reaffirms the basic benefits that free trade brings … More