EconomyNews
Socialists, Billionaires Back LA’s Minimum Wage Hike Proposal
An activist group is pushing to raise the minimum wage in Los Angeles to $15 an hour with the help of philanthropic billionaires, tax dollars… Read More
EconomyNews
Greatest Poverty Eliminator Is a Job, Panel Says
With June bringing the best jobs report since the recession began, one economist says the time is now to eliminate abject poverty in America and abroad…. Read More
EconomyNews
People Will Abuse Powdered Alcohol, Ohio Lawmakers Say
We have powdered coffees, powdered juices, powdered soups, powdered eggs, powdered milk. Why not powdered alcohol? After all, it’s light, portable and convenient. But we’ll… Read More
EconomyCommentary
Two Cheers for Australia’s Commitment to Economic Freedom
Over the past 20 years, the Index of Economic Freedom, a data-driven policy guide published by The Heritage Foundation and The Wall Street Journal, has… Read More
EconomyInternationalCommentary
Obama Sanctions Russian Firms Once Subsidized by Ex-Im Bank
Two of the four Russian firms targeted for economic sanctions by President Obama this week received substantial subsidies from the Export-Import Bank. The financial ties… Read More
EconomyNews
Conservatives: Stop Bailing Out Banks
Financial stability through government regulation isn’t working. That was the consensus of a panel held by the Cato Institute and Mercatus Center on the four… Read More
EconomyCommentary
States Already Have Transportation Funding Independence
Campaigning this week for more federal transportation spending, President Obama said, “There’s something called the Highway Trust Fund [HTF]—I suspect this crew is familiar with… Read More
EconomyCommentary
Memo to Congress: True Patriotism Is Axing Taxes to Keep Companies in U.S.
The Obama administration announced new rules this week that will effectively punish American companies who move facilities and jobs overseas to save on taxes. Labor… Read More
EconomyCommentary
Fortune Article Misunderstands Why Businesses Invert
Allan Sloan of Fortune recently wrote an article best summarized as a tirade at U.S. businesses that have, or are thinking about, inverting. Inverting is… Read More
EconomyCommentary
Budget Process Does Little to Cut Waste and Flawed Spending—Here’s Something That Can
Taxpayer-funded rides for bourbon-swilling journalists and international trips for indie music executives—federal funding for obscure programs like these is one reason why Heritage budget expert… Read More
EconomyNews
Conservative Coalition Issues Stern Warning on Ex-Im Bank
Leaders of top conservative organizations joined forces to deliver a clear message to Republican lawmakers: Allowing the charter of the Export-Import Bank to expire is… Read More
EconomyCommentary
New Mexico’s Mouse War Escalates
SANTA FE, N.M. — New Mexico’s war over the meadow jumping mouse is escalating and moving ahead on multiple fronts. Ranchers whose permits allow their… Read More
EconomyCommentary
CBO Projects Lower GDP Growth and Wage Growth
Yesterday, the Congressional Budget Office (CBO) released its annual Long-Term Budget Outlook for 2014. Compared to its 2013 outlook, the CBO projections include a significant… Read More
TRIA: Time to End Years of “Temporary” Insurance Subsidies
Twelve years ago, in the aftermath of 9/11, Congress created a “temporary” subsidy program for insuring losses from terrorist attacks. That temporary program, the Terrorism… Read More
EconomyCommentary
IMF to U.S.: Increase Taxes and Badly Hurt Your Economy
The International Monetary Fund (IMF) recently released preliminary suggestions for ways the U.S. could strengthen the economic recovery and improve the economy’s long-term outlook. U.S…. Read More
EconomyNews
Why Conservatives See Ex-Im Bank as Measure of New Majority Leader
Conservatives in the House view the looming fate of the Export-Import Bank as a major test for Majority Leader Kevin McCarthy’s future in leadership, two… Read More
EconomyNews
Conservative Groups Respond to Liberal Criticism of Kansas Tax Cuts
Conservative groups came together for a conference call Thursday, arguing against left-leaning media claims that Kansas’ steep income tax reductions have contributed to the downfall… Read More
EconomyNews
Paul Ryan on Export-Import Bank: ‘I Want to Get Rid of It’
Rep. Paul Ryan, chairman of the House Budget Committee, spoke today of his support for ending the Export-Import Bank. “I want to get rid of… Read More
EconomyCommentary
New CBO Report Projects the 10-Year Deficit at $9.6 Trillion as Spending Grows
Today the Congressional Budget Office (CBO) released its 2014 Long-Term Budget Outlook, projecting U.S. spending, taxes, deficits, and the debt for the next 25 years…. Read More
EconomyCommentary
Government, Private Auditors Agree: Boeing Doesn’t Need Taxpayer Subsidies
Two reports in recent days have focused on the fate of the Boeing Co. in the event Congress opts against reauthorization of the Export-Import Bank…. Read More
EconomyCommentary
Congress Thinks the Trillion Dollar Tourism Industry Needs Government Money
Some in Congress seem to think the federal government can do a better job marketing and promoting tourism to America than the $1.5 trillion industry… Read More
EconomyNews
Lawmakers Throw Light on Secretive ‘Operation Choke Point’
Is “Operation Choke Point” about to get choked by Congress? Rep. Darrell Issa, R-Calif., sure hopes so. Issa, chairman of the House Oversight and Government… Read More
EconomyNews
Gary Johnson: ‘Abolish the IRS’
SANTA FE, N.M. — For 2012 Libertarian Party presidential candidate and former New Mexico Gov. Gary Johnson, the ongoing controversy at the Internal Revenue Service… Read More
EconomyCommentary
Why Is Congress Again Using a Budget Process that Will Protect Ineffective Programs?
Last week, Senate Appropriations Chair Barbara A. Mikulski, D-Md., signaled her chamber already has begun to lay the groundwork for an omnibus budget bill in… Read More
EconomyCommentary
States That Adopt This Policy Have Much Better Economies
Right-to-work is back in the spotlight, thanks to the recent Supreme Court decision in Harris v. Quinn. The court ruled that Illinois home care workers… Read More
EconomyNews
EPA Regs Likely to Kill 68-Year-Old Louisiana Peach Orchard
RUSTON, La. — Peach orchards at Mitcham Farms, near the north Louisiana city of Ruston, have survived winter freezes, droughts and dangerous hail storms. But… Read More
EconomyCommentary
EPA Regulators Gone Wild
Following the revelation that the Environmental Protection Agency plans to garnish wages without a court order to collect non-tax debts (i.e. misused grant funds, unrepaid… Read More
EconomyNews
Santorum Rejects GOP ‘Libertarian Strain,’ Supports Ex-Im
Former Republican presidential candidate Rick Santorum sharply criticized efforts to abolish the Export-Import Bank on Friday, arguing that doing so would be “tying the hands… Read More
EconomyCommentary
Fed Vice Chair Off the Mark
New Federal Reserve Vice Chairman Stanley Fischer made headlines yesterday for suggesting that regulators should not arbitrarily start breaking up large banks, and that’s encouraging… Read More
EconomyNews
House Republicans Attempt to Lift ‘Veil of Secrecy’ From Federal Reserve
Rep. Bill Huizenga, R-Mich., wants to lift the “veil of secrecy” he said obscures the dealings of the Federal Reserve. Would enhanced congressional oversight of… Read More
