In May 2011, Representative Kevin Brady (R-TX), a senior member of the Ways and Means Committee of the House of Representatives, introduced the Freedom to Invest Act of 2011 (H.R. 1834, 112th Congress). The bill amends Section 965 of the Internal Revenue Code to allow companies that do business both …
In a new Heritage in Focus, Heritage research assistant Emily Goff discusses our 2011 Budget Chart Book which shows in vivid detail the severity of America’s spending crisis. Listen to the full interview here. In this podcast, Goff offers solutions to prevent us from worsening our fiscal situation. In addition, …
While economic growth remains sluggish, the last thing the United States needs is another weight holding it back. Unfortunately, the new health care subsidy program created under Obamacare for low- and middle-income Americans does precisely that. In recent research, Heritage’s Paul Winfree lays out exactly how the Obamacare subsidies will …
All you are likely to hear about low tax rates from liberals and their echo chamber in the media is that they don’t work—that they fail to gin up economic or job growth. Exhibit A for this preposterous proposition is the
Congressional Quarterly reported yesterday that Democrats, led by Representative Chris Van Hollen (D–MD), are pushing to use “tax overhaul” as a means to cut a deal to increase the debt ceiling by $2.4 trillion: Van Hollen also revealed that Democrats on the panel have “put a whole menu of options …
In just about any contest, a score of 40–0 is a pretty impressive trouncing. In football, that’s five touchdowns, a field goal, and a safety—think Ohio State versus Northern Virginia Community College. In baseball it’s almost beyond belief. Ditto basketball. Yet that was the score yesterday in the United States …
