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    Super Secret Committee Snubs Transparency

    Politico reported what many have feared about the Joint Select Committee on Deficit Reduction in a story titled “Supercommittee operating in secret.” Members of this committee are not disclosing details of negotiations on legislation to the press or the American public. The supercommittee has become supersecret about most of what … More

    Congress Should Scrap the Energy Loan and Loan Guarantee Programs

    Senator Harry Reid (D–NV) and his Senate colleagues rejected the idea of cutting $1.5 billion unspent from a $7.5 billion advanced vehicle manufacturing technology loan program and another $100 million from the Department of Energy’s (DOE) loan guarantee program—the same program that funded bankrupt Solyndra. The political squabbling did not … More

    Morning Bell: How Harry Reid Manufactured a Crisis Over Disaster Aid

    Listening to Senate Majority Leader Harry Reid (D-NV) or reading The New York Times yesterday gave the impression that disaster relief victims were suffering from a lack of government aid. “Without additional funding,” Reid warned, “thousands of people who have lost literally everything they owned will be forced to go without … More

    The President's "Debt Reduction": $1.6 Trillion in Tax Hikes, Almost No Net Spending Reductions

    During his Rose Garden speech Monday, the President claimed that his new “debt reduction” plan would provide $2 of spending cuts for every $1 of tax increases. A closer look at the administration’s own numbers, however, suggests the President, well, exaggerated. A realistic assessment—based mainly on table S-6 of the … More

    Obama's Attack on Big Oil: Fair Share or Targeted Tax Hike?

    President Obama says he wants big corporations, including oil companies, to pay their “fair share” in taxes. His deficit reduction plan includes eliminating what he calls special loopholes and subsidies for oil and gas companies—despite the fact that they’re not specific to the oil and gas industry but the broader … More

    How America's Youth Can Fight Unemployment and U.S. Debt

    According to a new poll issued by Generation Opportunity and The Polling Company, Inc./WomanTrend, America’s young adults are looking at a bleak future as the unemployment rate remains at 9.1 percent. The poll indicates that almost three-quarters of young Americans ages 18 to 29 will postpone important life events associated … More

    Morning Bell: $1.5 Trillion in New Taxes

    Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help with the economy. The President’s answer? “Normally you don’t raise taxes in a recession, which is why we haven’t, and why we’ve instead cut taxes.” … More

    Heritage Responds to Obama's Debt Reduction and Tax Proposal

    Heritage’s experts watched President Barack Obama’s debt reduction and tax increase proposal. Here are their immediate reactions: Obama’s Plan Is More Bad News for Defense President Obama’s approach to deficit reduction, which he outlined in a Rose Garden statement today, means additional bad news for the defense budget and the … More

    VIDEO: Sen. Mike Lee Says Obama’s Jobs Plan Will Make Problem Worse

    Sen. Mike Lee (R-UT) came to Washington as the a tea-party conservative with the goal of fixing the economy, addressing the debt crisis and curbing the growth of the federal government. It’s an uphill battle for the youngest member of the U.S. Senate, but one he’s prepared to fight. Lee’s … More

    Federally Funded Boulders for Nevada

    Yesterday, I wrote about the House-passed bill H.R. 2887, which would reauthorize expiring aviation and surface transportation programs for a few months. Senator Tom Coburn (R–OK) is expected to offer an amendment to remove a mandate that forces states to waste 10 percent of all Federal Highway Administration money on … More