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  • News Releases posted June 24, 2016 by Justin Posey Tax Reform Plan Could Create Strong Pro-Growth System

    This morning, House Speaker Paul Ryan, along with other House Republicans, unveiled the tax reform portion of their “A Better Way” plan. It would consolidate the current seven tax brackets to three and would set the top tax bracket at 33 percent. The House Republicans’ “plan is an excellent step in the right direction,” Heritage Foundation tax expert Curtis Dubay…

  • News Releases posted June 23, 2016 by Justin Posey Supreme Court Rules on Affirmative Action – 9 Things You Should Know

    This morning, the U.S. Supreme Court, in a 4-3 decision, rebuffed a challenge to the University of Texas at Austin’s use of race in its undergraduate admissions decisions. The case was brought by Abigail Fisher, a white Texas resident, who sued UT-Austin after she was denied admission arguing that the school discriminated against her on the basis of race. …

  • News Releases posted June 14, 2016 by Justin Posey Internet Rules Threaten Open Marketplace

    Today’s 2-1 ruling in the D.C. circuit upholding the Federal Communications Commission’s rules regulating Internet access is a “loss not just for Internet access providers, but for consumers who have benefited from the innovation and growth encouraged by the Internet’s open marketplace,” said Heritage Foundation regulatory expert James Gattuso.     As Judge Stephen…

  • News Releases posted June 14, 2016 by Justin Posey Regulation Task Force's Reforms "Urgently Needed"

    Today, a task force established by Speaker Paul Ryan released an agenda for regulatory reform. The report titled, “A Better Way," identified the federal government's regulatory burden as a contributing factor for weak job growth and the slow change in household income. Just a few weeks ago a Heritage report, “Red Tape Rising," pegged the cost of federal regulations at an…

  • News Releases posted June 8, 2016 by Justin Posey Mandatory GMO Labeling Laws “Coercive, Unfounded and Misleading”

    Vermont’s genetically modified organism (GMO) mandatory labeling law goes into effect on July 1.  Many in the food industry argue that they will need to label all food sold nationally based on the Vermont standard because they wouldn’t choose to have multiple labels simultaneously.   But Heritage Foundation agricultural policy expert Daren Bakst says mandatory labeling…

  • News Releases posted June 7, 2016 by Justin Posey Time to Repeal Dodd-Frank

    Rep. Jeb Hensarling (R-Texas) today unveiled the Financial CHOICE Act, a new bill that aims to replace many of the worst provisions contained in the 2010 Dodd-Frank financial reform legislation. Heritage Foundation financial regulations expert Norbert Michel praised Hensarling’s approach, saying it would “provide sorely needed regulatory relief that could help revitalize…

  • News Releases posted June 2, 2016 by Justin Posey Proposed CFPB Rules Restrict Access to Short-term Credit

    Today the Consumer Financial Protection Bureau (CFPB) proposed new rules affecting small loan lenders across the country. “These regulations would severely restrict access to credit for thousands of American families,” said Heritage Foundation expert Norbert Michel. “This is fact-free regulation,” he said. “Not only does the CFPB lack evidence to support its claims that…

  • News Releases posted June 1, 2016 by Justin Posey FDA Shouldn’t be America’s Nutrition Nanny

    The Food and Drug Administration (FDA) today released wide-scale sodium reduction targets for the food industry. Heritage agriculture expert Daren Bakst criticized the action, calling the targets “unnecessary and ill-founded” and warning that “these voluntary sodium goals are almost certainly the starting point for mandatory requirements.” “The targets stand on shaky…

  • News Releases posted June 1, 2016 by Justin Posey Obama in Elkhart: President’s Economic Legacy Nothing to Brag About

    President Obama makes a “legacy tour” visit to Elkhart, Ind. today to tout the success of his economic policy. But Heritage Foundation economist James Sherk notes that the president’s economic legacy is not as shiny as he would have everyone believe.   “While the president is spinning his economic legacy, perhaps he can pause to explain to the people of Elkhart and to…

  • News Releases posted May 24, 2016 by Justin Posey Senate Ponders Reeling In Catfish Inspection Program

    The Senate could vote as early as today on a joint resolution disapproving the U.S. Department of Agriculture (USDA) rule on catfish inspections. Heritage Foundation agriculture policy expert Daren Bakst called the program “a poster child for cronyism and government waste.” According to the Foundation’s Budget Book, published earlier this year, getting rid of the…

  • News Releases posted May 23, 2016 by Justin Posey Obama Era Regulations Now Top $100 Billion Annually

    “An unparalleled expansion of the regulatory state.” That’s how Heritage Foundation analysts Diane Katz and James Gattuso describe President Obama’s regulatory record in a new report released today. The report, “Red Tape Rising, 2016,” documents that the Obama Administration since 2009 has increased regulatory costs by $108 billion a year, adding 229 new major…

  • News Releases posted May 20, 2016 by Justin Posey Revised Puerto Rico Bill Leaves Much to be Desired

    House leaders yesterday introduced a revised bill to help Puerto Rico deal with its debilitating mountain of debt. While the revised bill had the blessing of House leaders from both parties, experts at The Heritage Foundation were not impressed. “The bill still contains an unprecedented legal stay, suspending creditors rights to access the courts and allowing President…

  • News Releases posted May 18, 2016 by Justin Posey Heritage Unveils New Resource in Fight for Fiscal Responsibility

    Both chambers of Congress are working up appropriations bills, even though lawmakers have once again failed to agree to a budget. What the final bills will look like is anybody’s guess, but one thing is certain: When the dust has settled, FY 2017 spending will leave U.S. taxpayers saddled with even more debt. Earlier this year, The Heritage Foundation published…

  • News Releases posted May 18, 2016 by Justin Posey Child Nutrition Policies Ripe for Reform

    The House Education and Workforce Committee is marking up a child nutrition reauthorization bill today which addresses school lunch policies, nutrition standards and more. Heritage Foundation experts say it’s past time for Congress to reform these programs.   “Congress should eliminate the extreme nutrition standards that were pushed by First Lady Michelle Obama,” says…

  • News Releases posted May 3, 2016 by Justin Posey Heritage Expert Responds to Calls for Taxpayer-Funded Bailout of Puerto Rico

    In his letter to Congress yesterday, Treasury Secretary Lew tried to further grease the tracks for a taxpayer-funded bailout of Puerto Rico. Salim Furth, research fellow in macroeconomics at The Heritage Foundation says that’s a bad idea:   “Congress should continue to stand firm and set a clear precedent that local governments and creditors can expect no financial help…