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    How Many Jobs Are Threatened by the EPA in YOUR District?

    The Obama Administration is trying to regulate Americans’ livelihoods away. Will Congress do anything to stop it? The Environmental Protection Agency (EPA) is pushing regulation of “greenhouse gases”—something even its own officials have admitted would have no noticeable impact on the climate. New Heritage research shows the devastating impact it … More

    DOE’s Manufacturing Innovation Is $70 Million Corporate Welfare Giveaway

    The Obama Administration recently announced that $70 million of your taxpayer dollars will be spent over the next five years on a public-private manufacturing innovative initiative. If you’re asking why such an initiative can’t be fully funded by the private sector, move to the head of the class. The partnership … More

    A Tariff Cut Can Boost U.S. Output

    The Federal Reserve recently cut its forecast for economic growth in the United States. That’s a problem. We need higher growth to create jobs and rebuild a prosperous middle class. However, there’s a simple way the government could combat continued weak growth: eliminate tariffs on inputs used by U.S. producers. … More

    America Needs a New Balanced Tariff Structure

    Where does America get its shoes? Today, 99 percent of shoes sold in America come from overseas. Imported shoes are taxed at an average rate of 10 percent, with some tariffs as high as 67.5 percent. Inexpensive shoes are taxed at higher rates, a burden for low-income Americans. New Balance … More

    Detroit Bankruptcy Is No Time for Federal Bailouts

    The city of Detroit filed for Chapter 9 bankruptcy protection yesterday with some $18 billion in debt, making it the largest municipal bankruptcy in the United States. There will inevitably be calls for the federal government to bail out Detroit. Washington should set a firm precedent now that it will … More

    Eliminate Advanced Manufacturing and Alternative Fuel Programs

    There are sound market ideas that address issues of high energy prices. Throwing money at corporations is not one of them. The House of Representatives Committee on Appropriations released its report language on the Energy and Water Development Appropriations bill for 2014. While the House deserves credit for scaling back … More

    Energy Efficiency Bill Is a Big Step in the Wrong Direction

    Senator Byron Dorgan (D–ND) told Greenwire (subscription required) that an energy efficiency bill that passed through the Senate Energy and Natural Resources Committee would be a necessary “first step” to more federal efforts to overhaul energy policy. The legislation, introduced by Senators Jeanne Shaheen (D–NH) and Rob Portman (R–OH), contains … More

    Obama Administration Plans to Spend $150 Million for Green Energy Projects (Because It’s Worked So Well Before)

    Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to re-allocate more than $150 million in remaining manufacturing tax credits for “green” energy projects originally authorized by the 2009 American Recovery and Reinvestment Act (the stimulus bill), … More

    St. Louis Fed Report Finds Imports, Not Exports, the Lifeblood of U.S. Manufacturing

    A new report published in the Federal Reserve Bank of St. Louis Review provides strong evidence that the Administration’s obsessive focus on boosting exports as a way to help U.S. manufacturers is just plain wrong. The study debunks the idea that changes in either imports or exports affect growth in … More

    Japan’s Economy - What Really Matters

    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 … More