The Hill newspaper demonstrated a keen knack for understatement today with its account of Senate Democrats’ $110 billion sequester replacement proposal: “The bill would appear to have little chance of reaching President Obama’s desk, however, given opposition from House and Senate Republicans to increasing any taxes to replace the sequester.” …
Japanese gross domestic product (GDP) fell for the third straight quarter (October–December) and was essentially flat for 2012 as a whole. This continues two decades of stagnation in annual output—Japan’s annual GDP in 2012 is essentially the same as 20 years ago. Stagnation is part of what motivated new Prime …
President Obama has allowed his jobs council to expire - even though “strengthening [the] economy” and “improving [the] job situation” continue to be top priorities for the American people, according to the Pew Research Center. This action fits with the President’s pattern of ignoring job-creating recommendations that don’t align with his views. …
Michigan has added 14,000 new small-business jobs to become the sixth fastest growing economy in the nation, and even automakers are starting to hire again. Heritage visited with Gov. Rick Snyder (R-MI) to find out how the former president and COO of Gateway Computers has contributed to the turnaround. Snyder …
Fiscal cliffs, debt, and unbalanced budgets have made raising a family in America more difficult, but pursing opportunity-oriented policies centered on creating prosperity can turn uncertainty and struggle into hope again. That was the message House Majority Leader Eric Cantor (R-VA) delivered in a speech at the American Enterprise Institute, …
Many looked at the results on Election Day and saw disaster. At The Heritage Foundation, however, we see opportunity. Americans are asking: “What do conservatives stand for?” This is the opportunity to tell them. There are important lessons to be learned from the recent election and the current trends in …
After being sworn-in this weekend, President Obama will soon receive a second shot at approving the Keystone XL pipeline that will bring oil down from Canada to Gulf Coast refineries. Last year the President rejected the permit application at a time when America desperately needed jobs, and when his own …