Members of Congress are preparing to be quite active during the lame-duck session. That’s good news for cronies who want to use the political system to secure handouts but bad news for taxpayers and the economy. The targeted tax credits Congress is considering include windfalls for hybrid solar lighting systems, fuel cells, geothermal, biomass, combined […]
It’s not every day you see a significant portion of Republican senators supporting a taxpayer bailout—especially for a private union pension plan. But today, six of the 14 Republican members of the Senate Finance Committee joined with Democratic counterparts in favor of a multibillion-dollar bailout of the United Mine Workers of America’s pension and health […]
On Tuesday, Sept. 13, the House Financial Services Committee passed the Financial CHOICE Act. Among other needed financial reforms, the bill would make taxpayer-funded bailouts of big banks less likely and ease regulations that hurt community banks. It’s hardly a surprise that the vote (30–26) was largely along party lines, but some of the anti-CHOICE […]
The essence of human freedom, of civilization itself, is cooperation: cooperation between friends and family; businesses and customers; entrepreneurs and employees. History and human experience teach that humans cooperate best when they do so voluntarily, without government coercion. That is why I fully support the eventual transition of control over the internet from the Department […]
It was 9 o’clock at night when Bill Meierling, a top official at the American Legislative Exchange Council, received the word from NPR’s “The Diane Rehm Show.” ALEC’s newly appointed CEO, Lisa Nelson, was scheduled to appear the next morning on Rehm’s long-running, Washington-based radio show. But ALEC’s critics on the left had posted their […]
It’s an all too familiar sight: It’s the end of the fiscal year, and Congress is scrambling to keep the government open after it has shirked its responsibility to pass the requisite 12 appropriations bills all year. The end of the fiscal year is when Congress tends to throw fiscal responsibility out the window in […]
Fears are mounting among some conservatives that under a Republican-controlled Congress, Planned Parenthood could soon be getting a raise. “I hope that pro-lifers will wake up and realize that we have major issues when it comes to the U.S. Senate, when we have our ‘friends’ put us in very tough positions,” Tom McClusky, vice president […]
Before committing to legislation that will increase deficits, Congress should evaluate interest costs to see how much a proposal will truly cost over time. Interest costs are an important factor to consider before spending more than one takes in. Families and individuals factor in interest costs when evaluating how much a loan will cost them […]
The race to become the next chairman of the Republican Study Committee expanded Wednesday morning as Rep. Andy Harris, R-Md., announced he will challenge a fellow conservative, Rep. Mark Walker, R-N.C., for the helm of the largest GOP caucus in Congress. Harris, a physician and the only Republican among Maryland’s congressional delegation, told The Daily […]
The Heritage Foundation has released an in-depth and unique report that analyzes the question of whether agricultural producers and ranchers need government intervention in order to manage risk. Many agricultural special interests are already attacking the report, showing a surprising level of vitriol. This is a shame given that the report is designed in large […]
