Backgrounder posted December 17, 2014
Eight Myths About FCC Regulation of the Internet
Few policy debates in Washington have generated as many myths and mischaracterizations as the ongoing battle over proposed Federal Communications Commission (FCC) rules for broadband Internet service. Popularly known as “net neutrality” rules, these Internet regulations would limit the ability of Internet service providers (ISPs) such as AT&T, Verizon, and Comcast to…
Backgrounder posted December 15, 2014
Four Conservative Tax Plans with Equivalent Economic Results
Over the past three decades, conservatives have proposed four different types of consumption taxes:
A national sales tax,
A business transfer tax,
The Hall–Rabushka–Armey–Forbes flat tax, and
The “new flat tax,” also known as an expenditure tax, consumed income tax, inflow-outflow tax, or cash flow tax.
Few understand that, despite their…
Backgrounder posted December 8, 2014
Six Easy Energy Reforms for Congress to Take Up
With a new Congress set to take office in January, policymakers will be eager to prove that they can move good policy forward. In energy policy, plenty of bipartisan opportunities exist for Congress to implement free-market reforms to remove government interference and create opportunities.
While certainly not all-encompassing, the following six energy…
Testimony posted December 3, 2014
Improving Financial Institution Supervision Ending the Federal Reserves Regulatory Role
Committee on Banking, Housing and Urban Affairs, Financial Institutions and Consumer
United States Senate
November 21, 2014
Norbert J. Michel, PhD
Research Fellow in Financial Regulations
The Heritage Foundation
A critical lesson from the Fed’s first 100 years is that an overly broad interpretation of the Fed’s role in…
Backgrounder posted November 25, 2014
Beyond Hypothetical: How FCC Internet Regulation Would Hurt Consumers
On November 10, President Barack Obama joined a long-simmering debate at the Federal Communications Commission (FCC), urging the agency to adopt comprehensive government regulation of Internet service providers, such as Verizon and Comcast. These regulations would require companies that provide Internet access to end users (households and businesses) to process all…
Issue Brief posted November 18, 2014
The EPA and the Corps’s CWA Interpretive Rule: A Regulatory End Run
The Environmental Protection Agency (EPA) and the Army Corps of Engineers released an interpretive rule narrowing an important Clean Water Act (CWA) exemption for agricultural activities. It was released at the same time they released their proposed “waters of the U.S.” rule that would greatly expand the waters the federal government can regulate under the CWA.
Backgrounder posted November 13, 2014
The Obama Administration’s Climate Agenda: Underestimated Costs and Exaggerated Benefits
When his climate cap-and-trade bill was defeated in the Democrat-controlled Senate, President Barack Obama noted there were other ways of “skinning the cat.” Now we know that his chosen way is an onslaught of mandates, regulations, and possibly taxes directed primarily by the Department of Energy (DOE) and the Environmental Protection Agency (EPA).