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    Businessman Faces Backlash After Appearing on Obama's Enemies List

    Frank VanderSloot grew up a poor kid in rural Idaho. His father made $300 a month. His clothes came from the Salvation Army. Yet through determination and hard work—and with the help of America’s free-enterprise system—today he’s the successful CEO of a global supplier of wellness products. VanderSloot’s rags-to-riches story … More

    Tales of the Red Tape #33: Congress Discredits Moms

    In its ceaseless quest to protect us from ourselves, Congress in 2009 compelled credit card companies to confirm an applicant’s “ability to pay” before approving an account. Lawmakers evidently believe that Visa, MasterCard, Discover, and the like somehow lack incentive to manage their own credit risk. (As opposed to, say, … More

    Morning Bell: Don't Fear the Free Market

    The lingering headline on the front pages this week is that JP Morgan Chase suffered a massive loss on a hedging strategy, costing them $2 billion. That’s no small mistake, and it’s an example of how bad decisions in the free market can cost big money. But just because mistakes … More

    Speaker Boehner Plans to Stop Taxmageddon Train Wreck

    House Speaker John Boehner (R–OH) announced yesterday that the House is gearing up to vote prior to the November election on extending all of the tax provisions scheduled to expire at the end of the year. This is welcome news, given the necessity of swiftly steering this tax policy train … More

    Congress Needs to Act Now on Taxmageddon

    A few weeks ago, around Tax Day, Heritage started warning of Taxmageddon—a one-year, $494 billion tax hike that slams the economy on January 1, 2013, unless Congress and President Obama act to stop it. At that time, Taxmageddon was merely a blip on Washington’s radar, because the conventional wisdom was … More

    Occupy Wall Street: Why Conservatives Shouldn't Ignore the Persuadables

    This is the third of our four-part series on Occupy Wall Street, transcribed from a recent Heritage Foundation event on the movement. In part three, Ben Domenech, research fellow at the Heartland Institute and editor of The Transom, reflects on his own interaction with Occupiers and explains why he’s not … More

    Heritage/FRC Bus Tour Impacts Ohio and Pennsylvania, Heads Next to California

    Now entering its fourth month on the road, our nationwide tour Your Money, Your Values, Your Vote continues into its 16th state this week: California. A joint project of The Heritage Foundation and the Family Research Council, the tour has thus far hosted events in 50 cities across the nation … More

    Got Principles? The Ryan Budget Does

    Buried deep in the President’s hyperbolic assault on the House-passed budget last week—with all that “radical vision” and “social Darwinism” rhetoric—was one kernel of truth: “This isn’t a budget supported by some small rump group in the Republican Party,” the President said. “This is now the party’s governing platform. This … More

    The MARKET: An Alternative Energy Efficiency Program

    Adding to a long list of energy-efficiency legislation, two Members of Congress—David B. McKinley (R–WV) and Peter Welch (D–VT)—recently proposed a federal energy-efficiency bill that gives tax rebates to homeowners who make energy-saving improvements to their homes. This bill and its predecessors reward consumers for saving money. Let’s propose a … More

    Do Budget Deficits Reflect American Character?

    Ezra Klein, Mark Thoma, and Paul Krugman take issue with David Brooks for suggesting that the failure in recent years to keep budget deficits under control represents a moral issue. “Every generation has an incentive to spend on itself,” Brooks writes, “but none ran up huge deficits until the current … More