UPDATE: The official total tax increase in President Obama’s budget is now available in the Treasury Department’s “Green Book.” Treasury scores the total net tax increase from all President Obama’s tax polices at more than $1.1 trillion over 10 years. There was little doubt that President Obama would propose a …
Minimum Wage President Obama’s budget proposes raising the minimum wage to $9 an hour. This would hurt the very workers the President wants to help. When the price of something rises, people—both consumers and employers—purchase less of it. Americans responded to the higher cost of gas by driving less. Businesses …
When the President’s budget comes out Wednesday, it will complete the last piece of the budget puzzle, as the House and Senate have each duly passed a budget according to law. Never mind that the President’s budget is supposed to lead Washington budget discussions, rather than follow. The key question …
Tomorrow, President Obama will finally release his overdue budget request, and the next day, the House Armed Services Committee will hold a hearing on that request. The hearing witnesses will be Secretary of Defense Chuck Hagel and Chairman of the Joint Chiefs of Staff, General Martin Dempsey. It appears likely …
Next week, the Obama Administration faces an important foreign policy decision in U.S. relations with Russia—how to champion human rights and the rule of law. The State Department is trying to avoid a gust of chilling wind from Moscow. However, the last thing the Administration should do is show weakness …
Under President Obama’s leadership, U.S. influence among Middle East nations has waned, and in fact declined since President Bush left office. During last week’s visit to Ramallah, Palestine, Obama was the object of demonstrations by irate Palestinians. They are not alone in their anger over neglect and unfulfilled presidential promises, …
President Obama asked federal workers to suggest ways for the federal government to save money, and American citizens responded – with 86,000 suggestions. But his administration picked only 67 of those ideas, most of which are either minute or simply take credit for savings that have already been implemented, according …
