A Not So Free Ride
After decades of losing millions of taxpayer dollars, the Senate finally voted this week to privatize the Senate restaurants. If only they would do the… Read More
After decades of losing millions of taxpayer dollars, the Senate finally voted this week to privatize the Senate restaurants. If only they would do the… Read More
Here’s a preview of what’s happening this week in Washington. [youtube]http://www.youtube.com/watch?v=Y6YshohNEUM[/youtube] May was a successful month in Iraq, yet progress with the war supplemental has… Read More
A recurring theme among critics of the 2001 and 2003 tax cuts is that they didn’t work to strengthen the economy. This argument was on… Read More
Sens. Diane Feinstein (D-Calif.) and Mel Martinez (R-Fla.) authored a bill (with 11 co-sponsors, including Sen. Barack Obama) that was incorporated into a housing bill… Read More
The jump in unemployment from 5.0% to 5.5%, the largest jump in over 20 years, is definitely an indication of a sluggish economy. But the… Read More
As Mark Twain might have said if he followed spectrum policy: the reports of the death of central planning in Washington have been greatly exaggerated…. Read More
The New York Sun pokes fun at the Treasury Department, which this week released two reports assessing the impact of the 2003 tax cuts: We… Read More
As every school child knows, to become law, Art. I, § 7 of the U.S. Constitution requires a bill to go through the formal process… Read More
There is no threat to our nation’s fiscal health greater than the coming deficits from unrestrained growth in Social Security, Medicare, and Medicaid. Already Social… Read More
At the request of the Ranking Member of the House Budget Committee Rep. Paul Ryan (R-WI), the Congressional Budget Office (CBO) released a letter (pdf)… Read More
The Washington Post has a decent editorial today titled “Holes in the Roof” on Rep. Barney Frank’s (D-MA) Housing bailout plan still snaking its way… Read More
The Washington Post reports today that “Senate negotiators broke off talks last night without striking a deal to rescue hundreds of thousands of homeowners at… Read More
While CNN reports that Americans are split evenly (49% for, 48% against) on bailing out people who paid to much for real estate, the newsroom… Read More
According to Salary.com, stay-at-home moms would rake in $117,000 a year for services they provide if they sold them on the open market. The activities… Read More
Lawmakers say they want to speed FAST, FAST, FAST RELIEF to homeowners with mortgage woes. But the leading remedy on the Hill, the Frank-Dodd FHA… Read More
In 1950 80% of Americans read a Newspaper every day. Today that number is below 50%. Since 2001 paid newspaper circulation has fallen 8.4% and… Read More
This week the House is set to pass legislation to help homeowners who spent too much on their homes avoid foreclosure. From the beginning, the… Read More
The New York Times had a disturbing story today on one element of the housing bailout plan Rep. Barney Frank (D-MA) plans to have on… Read More
Visiting Heritage scholar Wendell Cox has a new paper out titled “How Smart Growth Exacerbated the International Financial Crisis” in which he praises New York… Read More
Pittsburgh Tribune-Review’s Bill Steigerwald posted a great Q&A interaction with Heritage housing expert Ron Utt this weekend. Excerpts include: Q: Is this subprime mortgage lending… Read More
Losses are mounting. The situation shows no sign of getting better. It’s clear that U.S. government intervention has made the problem only worse. The economy… Read More
“So you bought an overpriced house or cashed out your home equity like an ATM? Here’s an idea: Take responsibility for your actions!” That’s the… Read More
“ObamaNation” was apoplectic over ABC News’ decision to question Barack Obama over his associations with a Louis Farrakhan-sympathetic preacher and a college professor up from… Read More
USA Today’s take on the mortgage mess posed a crucial question: “Should taxpayers in Vermont be asked to bail out home buyers in Nevada?” The… Read More
Yesterday we detailed why Barack Obama’s high-tax/high-spending plan to grow the economy was doomed to fail. On the spending side we highlighted that Obama promises… Read More
As Congress mulls what it can do to untangle the housing mess, it should take care to limit its largesse to helping only those people… Read More
The New York Times is shocked – SHOCKED – to learn the Senate’s legislative remedy for the mortgage mess offers surprisingly little relief for folks… Read More
John McCain continues to explain his economic philosophy and round out his program, and the picture he draws of a serious tax-cutting fiscal conservative contrasts… Read More
President Bush and some members of Congress want to dub the Federal Housing Administration as the White Knight who will rescue America from the mortgage… Read More
When Congress passed its economic “stimulus” package this February, lawmakers tried to make it look like the plan would help lower-income Americans while not benefiting… Read More