Congress keeps threatening to shut down over the budget, but there is at least one thing the two houses can agree on. Pending free trade agreements have bipartisan support in both the House and Senate; all that is needed is for President Obama to send them to Congress, so that they can be passed. Congressman […]
Secretary of Defense Leon Panetta asserted during a press conference on September 20 that the recently enacted debt ceiling law requires $450 billion in savings from the Department of Defense (DOD) budget over the next 10 years. While this is a widely accepted assertion, it is not accurate. The debt ceiling law imposes caps on […]
An attack on the rig drilling for gas off shore from Cyprus for an Israeli-American consortium would be considered an attack on the United States, says Richard Stone, chairman of the Conference of Presidents of Major American Jewish Organizations. Turkish Prime Minister Recep Tayyip Erdogan last month threatened to attack the Nobel Energy rig if […]
Palestinian Authority chief Mahmoud Abbas on Saturday demanded a renegotiation of key aspects of the Oslo Accords, claiming that the agreement had prevented the PA economy from expanding as much as it could have. At issue is the Paris Agreement, which set up the system whereby Israel collects customs and taxes for the PA, and […]
By Jamie Weinstein Speaking at the Congressional Black Caucus annual awards dinner in Washington Saturday night, President Obama made a verbal boo-boo. While defending his call for the rich to pay more in taxes, the president said he didn’t mind people calling him a class warrior for merely asking a billionaire to pay the same […]
Americans knew the negative impact Obamacare would have on the nation before the law even passed. Millions of Americans will be added to Medicaid, which already provides low-quality coverage and patchy access to care. The new law will not result in universal coverage, despite its $1 trillion+ price tag. Premiums will go up. And Americans […]
For the past few decades, the federal government has continuously increased its power over local schools, through funding with strings-attached, with depressing results. Since the 1970?s federal spending on education has nearly tripled, yet student achievement has remained flat and graduation rates have not improved. However, that increased spending has had a major impact on […]
Republicans and Democrats on the Joint Select Committee on Deficit Reduction this week finally agreed on something substantive: The U.S. corporate tax rate is too high. It’s a point we’ve been making for years at Heritage. High federal and state corporate tax rates — a whopping 39.2 percent when combined — make it difficult for […]
(The Telegraph) US Treasury Secretary Tim Geithner has accused China of “systematically stealing” American companies’ intellectual property in an unusually blunt attack. “They have made possible systematic stealing of intellectual property of American companies and have not been very aggressive to put in place the basic protections,” Mr Geither said on Friday at a conference […]
The United States is scrambling to avoid a diplomatic crisis at the U.N. over a Palestinian statehood vote and a promised U.S. veto. As other countries try to find a way to defuse the crisis, Palestinian officials asked for U.N. recognition of Palestinian statehood yesterday. How did it come to this? Heritage’s Kim Holmes contends […]
