NTC Given Libya’s UN Seat

The UN General Assembly voted Friday to give Libya’s seat in the UN to the National Transitional Council which led the rebellion that ousted former strongman Muammar Qaddafi. The Associated Press reported that the resolution was approved by a vote of 114-17 with 15 abstentions. The vote means that a senior council official will be […]

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Solyndra Execs Renege, Will Take the Fifth at Oversight Hearing

Two Solyndra executives slated to testify before a House committee Friday have announced they will invoke their Fifth Amendment rights against self-incrimination and refuse to answer any of the committee’s questions. The two had previously told the committee they would not plead the Fifth if they could push back the date of their testimony. Jan […]

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$1.5 Trillion in New Taxes

Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help with the economy. The President’s answer? “Normally you don’t raise taxes in a recession, which is why we haven’t, and why we’ve instead cut taxes.” Fast forward to today, as […]

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Chart of the Week: Total Tax Burden Is Rising to Highest Level in History

President Obama unveiled the details of his jobs plan last week, including a proposal to offset the new government spending with tax hikes. It’s a bizarre strategy for a president who says he wants to create jobs. As the above chart from Heritage’s 2011 Budget Chart Book illustrates, Americans are already grappling with the prospect […]

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Obama’s Risky Iraq Drawdown Plans Prompt Open Letter from Foreign Policy Experts

A flurry of newspaper articles reporting that the Obama Administration may decide to disregard the advice of its military commanders and reduce the U.S. military presence in Iraq to less than 4,000 troops by the end of the year prompted 42 distinguished American foreign policy experts to write an open letter to President Obama on […]

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