House Cloakroom: May 13 – May 17 Analysis: This week, the House of Representatives will reaffirm its commitment to repealing Obamacare in its entirety. Obamacare has already restricted hiring, seen one of its coverage provisions fail, and is expanding an ineffective Medicaid program. This law has even drawn criticism from prominent Democrats. Senator Chuck Schumer […]
Album / Oronoz/Newscom Definition of an American neo-conservative: A liberal mugged by reality. The new poster child for the budding European neo-conservative: Oskar Lafontaine? Lafontaine, German history majors will recall, is the Social Democrat and former German finance minister who helped launch the European Monetary Union (EMU). He is also the latest European-style neo-conservative as […]
Doubts are growing about whether China can pass the US to become the world’s biggest economy this century amid warnings that the country’s 30-year miracle is nearing exhaustion. The world’s tallest tower should have been built by now. Officials said last year that the great edifice with 220 floors would be erected in three months […]
Newscom As commencement season winds down, it’s discomfiting to think that almost half of new graduates know exactly where they’re headed when school’s out: Back to their parents’ homes. The Pew Research Center reports that 45 percent of college grads younger than 25 are “living with family.” That percentage is almost two-thirds higher than in […]
Last night the Senate passed the misnamed Marketplace Fairness Act (MFA), popularly known as the Internet sales tax, by a 69–27 margin. The troubling bill will now move over to the House. The bill would grant states the authority to force online retailers (with online sales over $1 million per year) to collect sales taxes […]
You the patient, at first, won’t know that you “belong” to the ACO. But the government has assigned you, if you are a Medicare recipient, to a specific ACO. The ACOs will then be held responsible for quality – as defined by government – and for cost containment. Here is how it will work. Step […]
Jim West/ZUMA Press/Newscom In June 2008, presidential candidate Barack Obama said, “If we continue to let our trade policy be dictated by special interests, then American workers will continue to be undermined, and public support for robust trade will continue to erode.” That’s exactly what’s happening with respect to energy trade. Special interests want to […]
Some proponents of comprehensive immigration reform (including amnesty) are trying to find support for their position in Heritage Foundation papers from long ago. In the first paper they point to, from March 2006, Heritage rejected amnesty but also considered the economic effects of immigration. Since that time, there are two major differences to consider. First […]
Monday morning, the Heritage Foundation is releasing its long-anticipated study of the fiscal impact of providing illegal immigrants a pathway to citizenship. Over their lifetimes, the newly legalized immigrants would add a net $6.3 Trillion to the public debt. Heritage notes that this is a minimum estimate. The Heritage study reports that newly legalized immigrants […]
Heritage’s highly anticipated report on the cost of amnesty, released earlier today, puts the price tag at $6.3 trillion—a figure that becomes available as the Senate prepares for a May 9 markup of the “comprehensive” immigration reform bill proposed by the “Gang of Eight.” Heritage, the only organization that has done an analysis of the […]
