Financial

Obama Plans to Spend $150 Million for Green Energy Projects (Because It’s Worked So Well Before)

Posted on March 25, 2013March 25, 2013 by Jake Lambert | 1 Comment

Rainer Jensen/dpa/picture-alliance/Newscom Just what America needs: More taxpayer-funded green energy projects. The Department of Energy (DOE) and the U.S. Internal Revenue Service released plans to re-allocate more than $150 million in remaining manufacturing tax credits for “green” energy projects originally authorized by the 2009 American Recovery and Reinvestment Act (the stimulus bill), according to Recovery.gov. […]

Full Story

98% of all Healthcare plans not in compliance with Obamacare

Posted on March 15, 2013March 15, 2013 by Jan Sobieski III | 2 Comments

Do you remember when President Obama promised: “if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you”? It turns out that the Affordable Care Act’s experts didn’t get the message. According to a […]

Full Story

Japan’s Step Closer to TPP

Posted on March 15, 2013March 19, 2013 by Jake Lambert | No Comments

Newscom Today, Prime Minister Shinzo Abe announced that Japan will officially join the Trans-Pacific Partnership (TPP). This comes a day after Prime Minister Abe received the okay to join TPP by his Liberal Democratic Party, a month after visiting President Obama and discussing the partnership, and more than a year since Japan first formally expressed […]

Full Story

Carbon Tax: House Republicans and Policy Groups Join Forces

Posted on March 15, 2013March 19, 2013 by Jake Lambert | No Comments

Newscom House Republicans and various policy groups gathered on Capitol Hill this week to oppose a tax on carbon. “This is not a carbon tax,” said Grover Norquist, president of Americans for Tax Reform. “Carbon doesn’t pay taxes. People pay taxes. This is a tax on the American people.” A carbon tax would burden all […]

Full Story

Korea-U.S. Free Trade Agreement One Year On: Solidifying a Partnership for the Future

Posted on March 14, 2013March 15, 2013 by Jake Lambert | No Comments

March 15 marks the first anniversary of the Korea–U.S. Free Trade Agreement (KORUS FTA). Over the past 12 months, a growing number of businesses in both countries have taken action to capitalize on the expanded opportunities created by the free flow of products, services, and ideas through the KORUS FTA. Although it is still early […]

Full Story

The No-Surprise Senate Budget: Higher Spending, Higher Taxes, No Real “Balance”

Posted on March 13, 2013March 15, 2013 by Jake Lambert | No Comments

After going nearly four years without producing a budget resolution, Senate Democrats today released a plan confirming their mantra about “balanced” approaches has nothing to do with actually balancing the budget. In their view, “balance” is a mix of higher taxes and higher spending, chronic deficits and debt, and a relentlessly growing federal government. Those […]

Full Story

Heritage Experts’ Reaction to Senate Continuing Resolution

Posted on March 12, 2013March 15, 2013 by Jake Lambert | No Comments

Newscom The massive spending bill, or continuing resolution, released by the Senate this week continues spending on programs which are inappropriate or wasteful and fails to adopt good policies in many areas. Here’s a rundown of some of the worst offenders in the Senate bill: Obamacare. The CR fails to stop the massive spending in […]

Full Story

Keystone XL: Parallels to the Alaska Pipeline

Posted on March 11, 2013March 12, 2013 by Jake Lambert | No Comments

Jim West/ZUMA Press/Newscom As the U.S. commemorates the 40th anniversary of passage of the Trans-Alaskan Pipeline Authorization Act of 1973, it is worth remembering the challenges the project overcame and how they mirror the challenges facing the Keystone XL Pipeline today. An 800-mile engineering marvel, the Alaska Pipeline was completed in two years and two […]

Full Story

6 Things the Next U.S. Budget Should Do

Posted on March 11, 2013March 11, 2013 by Jake Lambert | No Comments

It’s time for Congress to make a real budget—and not just any budget. It’s been four years since the U.S. had a real budget. While the House of Representatives has passed budgets, the Senate has stopped each one. Instead, the Senate under Majority Leader Harry Reid (D-NV) has done short-term, stopgap measures to keep the […]

Full Story

30%+ of U.S. Population Unemployed

Posted on March 9, 2013March 9, 2013 by Jan Sobieski III | 4 Comments

The number of Americans designated as “not in the labor force” in February was 89,304,000, a record high, up from 89,008,000 in January, according to the Department of Labor. This means that the number of Americans not in the labor force increased 296,000 between January and February. The Bureau of Labor Statistics (BLS) labels people […]

Full Story