Newscom The Federal Reserve Beige Book, released on March 6, cited Obamacare as a factor in slowing hiring and employment growth. The Beige Book is a report published eight times a year that details the economic activity in the 12 different Federal Reserve regions. As this most recent report explains, “Employers in several Districts cited […]
Newscom The Obama Administration is on track to beat former President Bill Clinton for second-longest delay in submitting a presidential budget on time. First place for the latest budget in history? That also goes to President Obama. In 2009, he did not submit a budget until 98 days after the statutory deadline. Though the White House […]
Senate Budget Committee Ranking Member Jeff Sessions (R–AL) and House Budget Committee chairman Paul Ryan (R–WI) sent a letter yesterday to Transportation Secretary Ray LaHood, urging the Department of Transportation to reject a $5.5 billion gamble on high-speed rail. The train, called XpressWest, would run from Victorville, California, to Las Vegas, Nevada. As Heritage Foundation […]
Newscom The Arms Sale Responsibility Act (H.R. 599), introduced by Representative Raul Grijalva (D–AZ), contains a number of flaws that call for caution on the part of Congress. The U.S. is widely acknowledged to have the most responsible system of controls on the export of arms in the world: The State Department refers to it […]
North Korean is raising the level of its anti-American rhetoric, threatening to cancel its decades-old armistice and launch a nuclear strike while accusing the United States of using military drills in South Korea to launch a nuclear war. The cease fire between Korea and America in 1953 ended the three-year Korean War, and if dissolved could lead to […]
The 2013 Index of Economic Freedom Advancing economic freedom around the world has markedly stagnated in recent years, particularly due to the lack of America’s leadership, says Terry Miller, chief editor of The Heritage Foundation’s Index of Economic Freedom, in a recent interview with the Langley Intelligence Group Network. According to Miller: Historically, the United […]
The Palestinian Authority cabinet on Tuesday decided to form a committee to prepare applications to register sites on UNESCO’s world heritage list, the Bethlehem-based Ma’an news agency reported. Omar Awadallah, the head of UN file in the PA’s Ministry of Foreign Affairs, said that the committee’s mission was to prepare heritage sites for the list […]
The fugitive suspect in the hit-and-run that killed a young hassidic couple in Brooklyn over the weekend turned himself into police on Wednesday. Julio Acevedo, who for three days had eluded capture by the police, surrendered on Wednesday into the custody of plainclothes New York City detectives in the parking lot of a convenience store […]
Newscom The Chinese yesterday announced new defense and internal security budgets. In keeping with the average double-digit annual increases of the past 20 years, Chinese military spending will rise by 10.7 percent. These consistent massive increases, announced ahead of the 12th National People’s Congress—the world’s largest parliament—have allowed Chinese military modernization to gain by leaps […]
Newscom Despite claims by the Obama Administration that the Transportation Security Administration (TSA) budget couldn’t afford sequestration cuts without reducing personnel—thus causing longer wait times at airports—the agency had no qualms about adding a $50 million contract for new uniforms the week before the spending cuts officially began. On February 27, the TSA announced the […]
