MICHAEL REYNOLDS/EPA/Newscom Yesterday, Education Secretary Arne Duncan testified before the House Appropriations Committee about Obama’s fiscal year (FY) 2014 budget request for the Department of Education. Congressman Andy Harris (R–MD) took the opportunity to question Duncan about a glaring omission from the budget: funding for the D.C. Opportunity Scholarship Program (DCOSP). The DCOSP provides vouchers […]
Tetra Images Tetra Images/Newscom Like past budget proposals, President Obama’s new budget plan calls—again—for lowering the charitable contribution deduction. The current tax code allows individuals to deduct their giving from their overall tax liability at a rate equal to their tax bracket. Obama wants to cap the charitable deduction at what it would be for […]
LEO RAMIREZ/AFP/Getty Images/Newscom The situation encountered by Heritage analysts on the ground in Venezuela last week was of a country that has been looted and is falling apart—literally and figuratively. The once thriving nightlife of downtown Caracas is but a distant memory. These days the streets are deserted, surrendered to gangsters and narcotraffickers. People are […]
Kenichiro Seki/ZUMA Press/Newscom The United States is currently engaged in Trans-Pacific Partnership (TPP) trade negotiations designed to reduce barriers to international trade and investment. The latest text from these negotiations shows how trade agreements, if properly designed and implemented, help advance economic freedom around the world. Among other things, the draft text calls for: No […]
A French court on Thursday ordered Air France to pay a 10,000 euro ($12,800) fine for having ordered a pro-Palestinian Authority activist off a flight to Tel Aviv because she was not Jewish, AFP reports. According to the report, the court also ordered the French flagship carrier to pay 3,000 euros in damages to the […]
As Pyongyang moves ballistic weapons to the coast, it may also be planning to disable computer networks in the US. The North Korean regimes plan could be to break into US computer networks to steal information and spread viruses, Jang Se-yul, who defected to the South in 2008, told the Observer. North Korea’s hackers are […]
(CNSNews.com) – Figures released by the Bureau of Labor Statistics (BLS) on Friday show that 315,000 women dropped out of the labor force in March. According to BLS, the number of women not in the labor force grew to 49 million in March, up from 48.7 million in February, continuing a trend of women leaving […]
(CNSNews.com) – A record 89,967,000 Americans were not in the labor force in March, according to the Bureau of Labor Statistics. That is an increase of 663,000 from the 89,304,000 Americans who were not in the labor force in February. Since President Barack Obama was first inaugurated in January 2009, 9,460,000 people have dropped out […]
Is a luxurious bus stop worth $1 million? Commuters boarding buses at the newly constructed stop in Arlington County, Virginia, don’t seem to think so, as CNN reported. According to one rider, “This is cute, but cute ain’t warm. Cute ain’t dry.” While $1 million can buy the stainless steel and heated pavement and seating […]
Newscom The world’s second-largest reinsurer, Swiss Re, reports “that natural catastrophes and man-made disasters cost the insurance industry $77 billion in 2012.” The report noted this figure covered “more than 300 catastrophes and disasters caus[ing] the loss of 14,000 lives and $186 billion.” These disasters included many of the 112 events for which the Federal […]
