Obama Wrong Again: Drilling Advocates Are ‘Founding Members of the Flat Earth Society’

(CNSNews.com) – Besieged by poor approval ratings amid escalating gas prices, President Barack Obama compared supporters of increased drilling and critics of green energy subsidies with those who believed in a flat Earth that wanted to be stuck in the past. Obama, speaking Thursday at Prince George’s Community College in Largo, Md., said that is […]

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House Oversight Hearing Shines Light on Food-Stamp Fraud

Food-stamp fraud and the government’s failed attempts to stop it were the focus of a House Oversight and Government Reform Committee hearing yesterday. Chairman Darrell Issa (R-CA) called the hearing in response to a Scripps Howard News Service investigative report exposing widespread abuse. The investigation revealed that retailers who lost authorization to accept food stamps […]

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The Chinese Economy at the Crossroads

The World Bank’s latest report sounds a warning on China’s future economic growth, reiterating critical recommendations concerning the Chinese economy by The Heritage Foundation’s Index of Economic Freedom. The report makes a strong case that, if China is to keep up growth rates at even half the level it has managed over the past 30 […]

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Obamacare’s Top 5 Broken Promises

Talking about his health care law, President Obama has said, “If you misrepresent what’s in this plan, we will call you out.” In keeping with that spirit, below is a list of Obamacare’s top five biggest broken promises: 1.) “If you like your health care plan, you’ll be able to keep your health care plan, period.” […]

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The United States of America: Land of Overregulation?

Echoing the findings of The Heritage Foundation’s 2012 Index of Economic Freedom, the latest edition of The Economist sums up well the current status of America’s business environment: The home of laissez-faire is being suffocated by excessive and badly written regulation.… The problem is not the rules that are self-evidently absurd. It is the ones […]

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Video: For the White House, Consumer Choice Only Goes So Far

This week, the White House announced its plan to boost taxpayer-funded subsidies for “green” energy vehicles like the Chevy Volt, offering buyers a $10,000 tax incentive to help tickle their buying bone. On Monday, White House economic adviser Gene Sperling described the subsidy, and ironically enough, market forces seem to be his favorite part of […]

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Obamacare’s Top Three Budget Busters

Obamacare increases unaffordable government spending, which ultimately comes out of taxpayers’ pockets. Here, we summarize three of the most costly provisions of Obamacare: 1. Medicaid Expansion: Beginning in 2014, Obamacare expands Medicaid to include all non-elderly individuals with income below 133 percent of the federal poverty level. The expansion of Medicaid accounts for more than […]

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