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    Don’t Do It, Shinzo Abe!

    Japan’s incoming prime minister, Shinzo Abe, has an unenviable task. While Mr. Abe may prove to be exactly what the country needs in terms of foreign policy, his economic promises mirror the policies that have mired Japan in two decades of stagnation. Mr. Abe has made headlines promising more aggressive … More

    Fiscal Cliff Solutions: Soar Over the Cliff or Kick the Can

    Kicking the can is the least repugnant remaining resolution to the fiscal cliff. The only alternatives appear to be the Republicans’ unconditional surrender on income tax rates (and conceding their principles) or simply going over the cliff. The story is now a familiar one. Congress and the President conspire to … More

    Too Eager for a Fiscal Cliff Deal: Republican Leadership's $1 Trillion Tax Hike

    The latest fiscal cliff proposal by Speaker of the House John Boehner (R–OH) is infuriatingly frustrating to conservatives, again. In exchange for $1 trillion in tax hikes—including the President’s immediate tax rate hike on the wealthy—Boehner asked for just $1 trillion in spending cuts. And, to sweeten the pot for … More

    Hurricane Sandy Relief Bill: More Spending Than Disaster Aid

    The Hurricane Sandy relief bill racing through the U.S. Senate is a perfect example of the spend-now-save-later practices that are driving the government deeper in debt. Lawmakers cannot seem to find $55 billion in offsets to prevent a devastating cut in national defense, but they can easily whip up $60.4 … More

    Hurricane Sandy Relief Bill Packed with New Head Start Spending

    Legislation to provide $60 billion to areas affected by Hurricane Sandy includes $100 million for the federal Head Start day care program. According to the Senate Appropriations Committee, funding for the FY 2013 Disaster Assistance Supplemental bill will be used to repair 265 Head Start centers. Specifically, funds appropriated to … More

    Hurricane Sandy and FEMA Abuse

    Last week, President Obama issued a request for $60.4 billion for Hurricane Sandy response and recovery. Yet as the fiscal cliff continues to loom nearby, many on Capitol Hill are asking exactly where that money would come from. While House Speaker John Boehner (R–OH) has indicated that he is still … More

    Morning Bell: What Will the Fiscal Cliff Deal Look Like?

    This week, President Obama and House Speaker John Boehner (R-OH) have been trading secret offers on the fiscal cliff. Last night, they met for nearly an hour, and emerged with zipped lips about what progress—if any—they made on averting tax hikes across the board and automatic, deep budget cuts that … More

    Tax Increases Won't Solve Washington's Spending Problem

    “We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax rate. And that’s a principle I won’t compromise on.” At yesterday’s fiscal cliff campaign stop in Redford, Michigan, President Obama delivered these remarks and hammered … More

    10 Things Americans Spend More on Than Elections

    The $6 billion tab of 2011-12 election cycle political expenditures had barely been tallied before anti-free speech groups began calling for additional campaign finance reforms. With all the hyperventilating over the supposedly outsized spending on American elections, we thought it would be insightful to examine some of the things on … More

    White House Speeds Toward Fiscal Cliff, Declining House Republicans' Request for Terms

    Late Monday afternoon, the House Republican leadership lofted its latest offering to address the fiscal cliff. The kindest conservative response possible to this proposal is that it was “a dud.” It was much worse than a dud, however, as Heritage described in its initial response to the House proposal. Not … More