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    Q&A: International Monetary Fund Reforms and U.S. Aid to Ukraine

    The Obama Administration and some members of the U.S. Senate have made aid to Ukraine contingent on the passage of an IMF reform package. A review of this reform package and its relation to the Ukraine (hint: zero) is critical. What Is the IMF? Established at the end of World … More

    Heritage Agrees With Schumer on Housing Finance Reform

    The whole point of a free-enterprise system is to allow both private gains and losses so that markets don’t end up with shortages and surpluses. Subsidization leads to things like inflated home prices, and inflated markets eventually crash, wreaking havoc on the way down. More

    Proposed Cuts Would Barely Dent Massive Growth of Food Stamps

    Food stamp spending is at historic highs—it has doubled twice since 2000. Now some on Capitol Hill say the House is trying to make major cuts to the program, but they’re really making some much-needed policy reforms that would achieve modest savings. The House bill proposes a small 5 percent … More

    A Case for Separating the Farm Bill: Passing Trillion-Dollar Bills Should Be a Fuss

    As of last week, President Obama’s number one economic priority is a new farm bill. He recently stated: Number one, Congress needs to pass a farm bill that helps rural communities grow and protects vulnerable Americans. For decades, Congress found a way to compromise and pass farm bills without fuss. … More

    Convert Food Stamps to a Work Activation Program

    Earlier this summer, the House took an important step in separating the bloated farm bill into an agriculture-only bill and a food stamp bill, which was introduced yesterday. To make a stand-alone food stamp bill a truly worthwhile reform, it should include a mandatory work requirement for all able-bodied adults. … More

    How Are We Losing the War on Poverty?

    After trillions of dollars in welfare spending, “we’re losing the War on Poverty,” said Representative Paul Ryan (R–WI) last week. In 1964, President Lyndon B. Johnson launched the famous “War on Poverty,” putting into place a multitude of government means-tested welfare programs and kicking off what has come to a … More

    Want to Rebuild Opportunity, Mr. President? Start with Welfare Reform

    In the kick-off to his most recent speaking tour, President Obama said the United States must “rebuild ladders of opportunity for all those Americans who haven’t quite made it yet.” But his economic policies have actually made it harder for many Americans to escape poverty and a welfare system that … More

    Phil Gramm’s Excellent Tax Reform Game Plan Has Just One Flaw

    The momentum for tax reform continues to build. Adding to it is former Senator Phil Gramm (R–TX), who wrote an op-ed in The Wall Street Journal laying out a tax reform “game plan” for Congress to follow. Gramm pretty much nails the most important things tax reform must accomplish to … More

    Farm Bill Defeat Is a Chance to Get Things Right

    The House’s rejection of the food stamp/farm bill was a major victory for fiscal responsibility and limited government. Instead of adopting a fundamentally flawed $1 trillion farm bill, the House shot down the legislation by a 195–234 bipartisan vote. Bill proponents have consistently claimed throughout the farm bill debate that … More

    Uncle Sam Wants You... on Food Stamps?

    Across the country, states are courting participants for food stamps (now known as the Supplemental Nutrition Assistance Program, or SNAP). The U.S. Department of Agriculture (USDA) even has a webpage dedicated to helping states create “SNAP Outreach Plans.” The argument from the USDA is that “Food Stamps Make America Stronger” … More