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    Surreal Environmental Regulations ? Even for California

    This November, along with a host of anxious politicians, California’s own greenhouse gas law, AB 32, will be on the ballot. Those worried about the law’s potential economic consequences are pushing Proposition 23 that calls for freezing provisions of AB 32 until California’s unemployment rate drops to 5.5% or below … More

    Obama's Tax Hike: The Movie

    As we have been reporting, President Barack Obama is set to let tax rates increase at the end of this year. Obama’s tax hike will have devastating effects on an economy already on the ropes. There have been a lot of myths spread by the left about the supposed dangers … More

    NYT Laments the Failure of a Doomed Policy

    The New York Times got it half-right. Friday’s jobs report was highly discouraging, causing the Times to reflect that “there’s just no positive spin for this.” And you’d better believe they tried. In July, there were 131,000 jobs lost, and the unemployment rate held steady at a worrisome 9.5 percent … More

    Morning Bell: An Admission of Failure

    It is established practice in Washington that if you have to release bad news, it is best to do it on a Friday … the later in the day the better. So not only did the White House schedule the publication of the “Mid-Session Budget Review” for last Friday, but … More

    White House Confirms Continued Trillion-Dollar Budget Deficits

    The White House today released its updated federal budget projections. By releasing the report late on a Friday afternoon—a longtime Washington tradition for stories that politicians want to bury—the Obama Administration is effectively admitting that its budget numbers will not be well-received. The “Mid-Session Budget Review” projects that this year’s … More

    The Economic Case Against the Death Tax

    After months of inactivity, the Senate could finally address the death tax in the coming days. It is about time it acted, because in a little over five months—January 1, 2011—the death tax will rise from 0 percent all the way to 55 percent. Proponents of the death tax make … More

    Federal Bailouts of Medicaid Encourage the Unsustainable Status Quo

    In the past few months, the Senate has made several attempts to extend the Medicaid bailout included in the stimulus package. States share the cost of Medicaid with the federal government, and because of the influx of new beneficiaries due to increased job loss, the federal government increased the portion … More

    Live from the Gulf: Government Attorney on Moratorium: The Environment Trumps Jobs

    Despite fears of how President Obama’s moratorium on deepwater drilling will devastate the Gulf Coast economy, the Administration’s lawyers claim that the damage to the economy must be disregarded:  Protecting the environment is the only issue that matters. Although the courts have lifted the moratorium, the fears that it will … More

    More on the Jobs Report

    The June jobs report is not a happy one as we head into the holiday weekend. Private-sector hiring is still weak, at less than 100,000 new jobs. Even worse, wages fell, and hours of work are flat in the last quarter. While hiring in temporary services is still increasing, it … More

    Congress’ Small Business Tax Schizophrenia

    An old saying applicable to dysfunctional organizations is that the right hand doesn’t know what the left hand is doing. The President and Congress have taken this approach to a whole new level. In seeking to strengthen small businesses to spur badly needed job creation, the left hand doesn’t know … More