The Obama administration is approving deepwater drilling permits at a pace of just 1.7 per month — a dramatic drop that is jeopardizing thousands of jobs for struggling families in Louisiana and neighboring states. The latest figures from the Bureau of Ocean Energy Management, Regulation and Enforcement also reveal a …
Want an interesting thought experiment? Take a trip in a liberal dream world of total wealth confiscation, where for one year, politicians confiscate profits from major corporations, professional athletes, Hollywood, and the like—all in the name of paying for their big spending ways. Would it be enough? Watch the above …
Listening to some politicians recently, you’d think capitalism benefits only those on Wall Street, not Main Street. Yet the benefits of capitalism have proven over history to benefit all of society. The heart of capitalism is the private ownership of property. Without free enterprise, individuals would not be able to …
This morning, the House Budget Committee invited Health and Human Services Secretary Kathleen Sebelius to a hearing on the Independent Payment Advisory Board (IPAB), the left’s weapon of choice for tackling Medicare’s $38 trillion in unfunded promises to America’s seniors. Both sides of the debate agree that extensive reductions to …
The Wall Street Journal recently reported on bureaucratic barriers for patients covered by both Medicare and Medicaid. These two programs serve the elderly and the poor, respectively, and people who fall into both categories—the “dual-eligibles”—should get better-quality care with more efficient taxpayer spending. According to the WSJ, an estimated 9.7 …