EconomyCommentary
Highway Trust Fund ‘Patch’ Uses TSA Fees to Fund Roads (Yes, Seriously)
Today the House will take up a short-term “patch” measure to shore up the Highway Trust Fund, which is set to dip below critical levels… Read More
EconomyCommentary
Why It’s the Government’s Fault Your Dishwasher Cycle Is 2 or 3 Hours Long
The guiding fiscal principle of President Obama’s 2009 Stimulus Package was simple: “Spend it as fast as you can.” Programs operating under that principle are… Read More
EconomyCommentary
How Obama’s New Overtime Pay Mandates Hurt Employees
President Barack Obama has pitched his new overtime regulations as a way to raise wages. However, even economists who support the change admit that’s unlikely… Read More
EconomyCommentary
Americans Are Pro-Trade When They Understand the Tradeoffs
In June, NBC News released a poll with the following question: Which is more important to you: Protecting American industries and jobs by limiting imports… Read More
EconomyNews
Thanks to Minimum Wage Hike, San Francisco Chipotle Customers Paying $1 More for Burrito Bowls
Following a 14 percent minimum wage increase in San Francisco, Chipotle Mexican Grill Inc. had to raise its prices proportionately, according to a report from… Read More
EconomyNews
Chicago Slaps 9% Tax on Netflix
Sorry, Chicagoans: Your Netflix bill is about to go up 9 percent. The Windy City has decided to tax a new source of revenue: streaming… Read More
EconomyNews
How Democrats Hope to Revive the Export-Import Bank
For nearly a week, the Export-Import Bank has been closed following the expiration of its charter. But Democrats in Congress are working to revive the… Read More
EconomyCommentary
The Hidden Risks of Government Loan Programs
The federal government has $3 trillion in taxpayer money tied up in loan programs. It is imperative that Congress use the best method to account… Read More
EconomyNews
Oregon Becomes First State to Try Taxing Drivers By Miles They Drive
Last week, Oregon became the first state in the U.S. to give drivers the option to be taxed by the mile instead of by the… Read More
EconomyNews
Rand Paul Exposes $25,000 Federal Grant for Oscars Museum
Sen. Rand Paul put Hollywood in the spotlight Monday revealing a $25,000 federal grant billing taxpayers for the building of an Oscars museum. The National… Read More
EconomyCommentary
Supreme Court Decision a Loss for Unelected Bureaucrats Trying to Drive Up Energy Costs
The Supreme Court handed a victory to Americans concerned with unelected bureaucrats driving up energy costs by overturning a costly regulation that lacks any meaningful… Read More
EconomyCommentary
The Federal Reserve Hasn’t Reduced Frequency of Recessions. Why Is It Necessary Again?
In two months the Federal Reserve Bank of Kansas City will hold its annual symposium in Jackson Hole, Wyoming. It is here that, for more than… Read More
EconomyCommentary
Obama’s Pessimistic Outlook Hurts Our Trade Dealings
No thanks to his fellow Democrats, President Barack Obama won a victory in Congress last week when Republicans voted to give him the authority to… Read More
EconomyCommentary
June Unemployment Rate Drop Can Be Explained by Americans Dropping Out of Work Force
Today’s Bureau of Labor Statistics’ jobs report showed solid but not spectacular labor market growth in June. The payroll survey showed net employment jumping by… Read More
Economy News
10 Tweets Reacting to Ex-Im Bank’s Expiration
The Export-Import Bank’s charter expired at midnight Tuesday—at least temporarily. Even though the 81-year-old agency has expired, supportive lawmakers may include an amendment concerning the… Read More
EconomyNews
Poverty Pimps, Free Markets and Freedom: Walter Williams Talks Race and Economics
For decades economist Walter E. Williams has served as a strong supporter for fiscal conservatism. In his interview with The Daily Signal, Williams talks about… Read More
EconomyNews
Today the Ex-Im Bank Expires. Here’s Where the 2016 Prospects Stand on the Issue.
The Export-Import Bank’s charter is set to expire Tuesday, meaning the 81-year-old agency is on course to be eliminated, at least temporarily. The bank, the official… Read More
EconomyNews
Avian Flu Could Be the ‘Worst Animal Disease Outbreak’ in Iowa’s History. Why That Matters.
Almost 50 million bird flocks in more than 20 states, not to mention the biosecurity of the nation, seem to be under the weather with… Read More
EconomyNews
The Export-Import Bank Expires Tomorrow. Here’s What You Need to Know.
The Export-Import Bank’s charter expires tomorrow, and members of Congress—who are home for a week-long recess—have run out of time to reauthorize the bank. Now,… Read More
EconomyCommentary
Export-Import Bank Connects US Taxpayers to Foreign Scandal
Marcelo Odebrecht, a Brazilian industrialist of immense wealth and power, was arrested and jailed recently on charges of corruption. He and dozens of other businessmen and… Read More
EconomyCommentary
Testimony on Using Repatriation Changes to Plug the Hole in the Highway Trust Fund
Recently, I had the honor to testify before the Ways and Means Subcommittee on Select Revenue Measures about using changes to repatriation policy as a… Read More
EconomyNews
Congressional Hearing on Discrimination Leads to Partisan Mudslinging on Race, Confederate Flag
A hearing called by Republicans to address “serious and troubling” instances of racial, gender and age discrimination at the Consumer Financial Protection Bureau turned ugly… Read More
EconomyInternationalCommentary
Brazil: Corruption Scandals Will Cast a Shadow over Obama–Rousseff Meeting
Brazilian President Dilma Rousseff will visit Washington next week, her first visit to the U.S. since taking office in 2011. President Obama says they will… Read More
Economy News
Top Export-Import Bank Official Deletes Text Messages Sent During 2014 Midterm Elections
A government watchdog has learned a top-ranking official at the Export-Import Bank deleted text messages sent during the 2014 midterm elections, sparking a lawsuit calling… Read More
EconomyCommentary
Exclusive: Ted Cruz on the ‘Age of Cronyism’ in Washington
Sen. Ted Cruz, R-Texas, sat down for an exclusive interview with The Daily Signal to talk about what he describes as the “age of cronyism” in… Read More
EconomyNews
Conservatives Really Do Have a Heart: Arthur Brooks’ Solutions for America
Arthur Brooks was a liberal bohemian musician studying economics when he embarked on a journey that led him to conservatism. He realized, for instance, conservatives… Read More
EconomyNews
Ted Cruz: ‘Washington Fairness’ Is ‘Hammer the Little Guy, Help the Big Guy’
Texas Sen. Ted Cruz spoke out today against the cozy relationship between lawmakers on Capitol Hill and corporations’ lobbyists, or what he calls the “Washington… Read More
EconomyCommentary
Think Millennials Are Immature? Hawaii Raising Legal Age to Smoke to 21 Won’t Help
If Hawaii wants to raise a generation of Peter Pans, they’re on the right path. Gov. David Ige, a Democrat, signed a bill Friday that… Read More
EconomyNews
Rhode Island Hikes Minimum Wage for the Fourth Time in Four Years
Rhode Island lawmakers have approved legislation that will raise the state’s minimum wage. The Ocean State will increase its hourly wage from $9 to $9.60… Read More
EconomyNews
Amtrak Paid $200 Million in Overtime to Employees in 2014. But Many Fraudulently Recorded Their Hours.
Nearly $200 million in overtime pay was given to Amtrak employees in 2014, many of whom fraudulently recorded their overtime hours, according to an audit… Read More
