Washington – Congressman Mike Pence of Indiana, Chairman of the House Republican Conference, railed against government spending and lack of transparency at the Conservative Bloggers’ Briefing today at the Heritage Foundation. “We think it’s time the Democrats put our money where their mouth is,” he said. We’re advocating that congress …
A small provision slipped into the stimulus (PDF) by Sen. Chris Dodd is making big waves in the banking and finance industries. The last-minute addition to the bill, which pretty much no one noticed until after the legislation passed both chambers, places sharp limits on bonuses available to top executives …
Congressional conferees reportedly stripped the $50 billion energy loan guarantee authorization from the final version of the stimulus package. Although most emissions-free sources would have been eligible for the program, removing it disproportionately affects large capital projects like nuclear energy. While this is viewed as a set-back from many in …
Will the Stimulus plan currently proposed by Congress actually create jobs? The short answer is no. The longer answer is the government cannot create jobs; the government can only transfer or redistribute jobs. As Heritage Senior Budget Analyst Brian Riedl says, “[B]efore the government can spend $1 billion hiring road …
While the Obama Administration waffles on openness and transparency (see here and here), private citizens are stepping in to fill the void. The Heritage Foundation and other groups launched ReadtheStimulus.org to give citizens a chance to work their way through the massive spending proposal, flag suspicious language, and make suggestions. …
Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting …
