Last week, Senate Majority Leader Harry Reid (D-NV) took to the Senate floor and made a bold assertion–that there isn’t any evidence that regulations cost jobs, citing statistics from a Labor Department report that “last year, only three-tenths of 1 percent of people who lost their jobs were let go principally because of government regulation or […]
Tax hikes were the focal point of the contentious, failed supercommittee negotiations designed to reduce the national debt by at least $1.2 trillion. Democrats wanted massive tax hikes. Republicans flirted with a tax reform deal lowering rates and closing loopholes. But the fact that tax hikes were at the center of the debate indicates that […]
(DailyMail) What’s killing America? U.S. ranks 28th in life expectancy (lower than Chile and Greece) while it pays the MOST for health care. A new survey on health care is revealing that you may not be getting what you pay for if you check into a U.S. hospital. The U.S. healthcare system is more effective […]
Be sure to listen to a special Heritage Libertad podcast on the recent Spanish elections. Click here to listen. With 23 percent unemployment overall, and 46 percent unemployment among its youth, how does the new government in Spain increase employment going forward? Furthermore, what effect will this election have on U.S.-Spain relations? Do we have a role to […]
Rogue states with nascent nuclear weapon programs (cough, Iran, cough), consider yourselves on notice. The Air Force has started taking delivery of Massive Ordnance Penetrators. Yup, the 30,000-pound bunker busters, known as MOPs, designed to penetrate 30 stories of reinforced concrete. (Oh, and the massive bomb’s name is almost as charged as the term, Pre-Dawn […]
Most of us have heard or read at least part of Abraham Lincoln’s Thanksgiving proclamation at some point. But even those who have heard it many times can overlook two important aspects of this important document. The first is its timing: October 3, 1863. The nation had already endured two years of appalling carnage on […]
A new report from a New Orleans-based group reveals that the Obama administration is approving just 35 percent of the oil drilling plans for the Gulf of Mexico so far this year. It is also taking an average of 115 days — nearly four months — to secure approval from the Bureau of Ocean Energy Management, […]
China’s state media Tuesday blasted the United States over its “ticking debt bomb” and urged American lawmakers to be more responsible after they failed to agree on deficit-cutting measures. China is the world’s largest foreign holder of US Treasuries with a portfolio of around $1.15 trillion, prompting Beijing’s keen interest in the state of the US […]
When the Supreme Court agreed this month to hear the Obamacare constitutional challenge, it didn’t surprise most Court watchers, but the amount of time it set aside for oral argument is highly unusual. That is surprising for a few reasons, most of which should be unsettling to the current administration that is defending the law. […]
With the failure of the super committee to recommend at least $1.2 trillion in deficit reduction, Congress’s latest attempt at budget control has collapsed. There will be many analyses of why the process did not work, but it’s worth stepping back to recall what generated the need for this extraordinary procedure and what the exercise […]
