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  • Issue Brief posted May 27, 2015 by John Gray House Legislative Branch Appropriations Bill Freezes Pay for Members of Congress but Avoids Further Spending Cuts

    Next week, the House of Representatives is expected to consider the legislative branch appropriations bill, the third of 12 appropriations bills providing discretionary funding for the federal government. The legislative branch appropriations bill provides general funding for the overall operation of Congress, including the U.S. Capitol Police (USCP); the Government…

  • Issue Brief posted April 30, 2015 by John Gray, Nicolas Loris, Daren Bakst The House Energy and Water Appropriations Bill Misses the Mark

    This week, the Energy and Water Development appropriations bill is likely to receive floor consideration. One of 12 appropriations bills providing discretionary funding for the federal government, this bill provides funding for projects under the direction of the U.S. Army Corps of Engineers (Corps); the Department of the Interior’s Bureau of Reclamation; the Department…

  • Commentary posted April 29, 2015 by John Gray The Republican Budgets: Balanced in Name Only

    In Washington, the conservative thing to do these days is to champion a balanced budget. Quite recently, in fact, Republicans have congratulated themselves for passing two budgets (one in each house of Congress) that, on their face, will achieve balance within ten years. However, there is more to this story. When you remove the Enron-style accounting gimmicks, the truth…

  • Issue Brief posted April 28, 2015 by David B. Muhlhausen, Ph.D., James Sherk, John Gray Trade Adjustment Assistance Enhancement Act: Budget Gimmicks and Expanding an Ineffective and Wasteful “Job-Training” Program

    On Wednesday, April 22, 2015, the Senate Committee on Finance reported out of committee the Trade Adjustment Assistance Enhancement Act of 2015. The bill was sponsored by Senators Susan Collins (R–ME) and Ron Wyden (D–OR). A day later, a companion bill (H.R. 1892), sponsored by Representatives Dave G. Reichert (R–WA), Tom Reed (R–NY), and Patrick Meehan (R–PA), was…

  • Commentary posted April 13, 2015 by John Gray Where your tax dollars go

    It's a question that naturally springs to mind when tax season rolls around: Where are all those tax dollars being spent? In total, Washington will spend $12,304 per citizen. Unfortunately, the government will only collect $10,878 in tax revenue per person. That means that, you, the American citizen, will be left with a tab of $1,426. The $1,426 dollars placed on every…

  • Commentary posted February 3, 2015 by Stephen Moore The Great Alaska Shutout

    It was just one week ago that President Obama took credit for falling gas prices in his State of the Union address, and already he is sticking another knife in the back of America’s domestic oil and gas producers — to say nothing of the residents of Alaska. Obama’s latest anti-fossil-fuels directive is to move off-limits to exploration and drilling some 12 million acres…

  • Commentary posted February 3, 2015 by Stephen Moore, Joel Griffith Following the road map to prosperity

    How does a nation or state create economic growth and rising living standards for its citizens? Once upon a time superstitious economists believed that growth resulted from how the stars aligned. Using astrology to predict growth is no more misguided than certain fad economic theories being peddled today by charlatan economists. Many Europeans and several South American…

  • Commentary posted January 14, 2015 by Stephen Moore Washington’s gas tax guzzlers

    Suddenly everyone in Washington wants a gas tax hike — apparently so that consumers don’t save too much money at the pump. As prices keep falling, the politicians and the moochers in Washington want a piece of the action. Rep. Nancy Pelosi of California, Sen. Richard Durbin of Illinois and even Republicans such as Sen. Bob Corker of Tennessee have linked arms with the…

  • Commentary posted November 26, 2014 by Stephen Moore Fourteen Things I'm Thankful for in 2014

    Every poll of recent months shows Americans in a foul mood when it comes to the economy, their personal finances and the general direction of the nation. Most Americans think the great American Dream -- the idea that our children will achieve a standard of living higher than our own -- is dead. Others say that the environment is on a crash course with planetary…

  • Commentary posted November 25, 2014 by Stephen Moore America's $12 Trillion House of Cards

    What is the price tag for the audacious Obamanomics experiment? How much has it all cost – the bailouts, the debt, the stimulus plans, the printing of cheap money, Obamacare and all the rest? The answer to that question is just shy of $12 trillion. That’s the sum of the $8.3 trillion added to the national debt since Sept. 15, 2008 (the day Lehman Brothers filed…

  • Commentary posted November 10, 2014 by Stephen Moore The Tax-Cut Referendums

    For months on end, Democrats crowed that voters were going to toss Kansas Gov. Sam Brownback and his tax-cutting agenda out of office on Tuesday. He was pounded in the media for the evident sin of following the Laffer-Moore model of income-tax rate reductions to stimulate growth and prosperity. This reform was denounced as a failure and “trickle-down economics.” Voters…

  • Commentary posted November 10, 2014 by Stephen Moore October Jobs Numbers: If Things are so Good, Why do we Feel so Bad?

    First, the good news. The economy is unmistakably regaining some of its mojo. We picked up another 214,000 jobs in October according to the Labor Department, and with revisions from previous months the number was closer to 250,000. Now THAT’S more like it. The stock market is on a raging bull ride too. We keep adding wealth - at least on paper. That's good for retirement…

  • Commentary posted November 10, 2014 by Stephen Moore Will We Get A Republican Bull Market Now?

    It was exactly 20 years ago, in November 1994, that Republicans under the maverick leadership of Newt Gingrich and his Contract with America took over the House of Representatives for the first time in nearly half a century. What may not be remembered is that the GOP sweep continued what became the longest and strongest stock market expansion in American history.…

  • Commentary posted November 10, 2014 by Stephen Moore The Tax-Cut Referendums

    For months on end, Democrats crowed that voters were going to toss Kansas Gov. Sam Brownback and his tax-cutting agenda out of office. He was pounded in the media for the evident sin of following the Laffer-Moore model of income-tax rate reductions to stimulate growth and prosperity. This reform was denounced as a failure and “trickle-down economics.” Voters don’t want…

  • Commentary posted October 31, 2014 by Stephen Moore Obama Soaks the Rich, Drowns the Middle Class

    The curse of the U.S. economy today is the downward trend in “take-home pay.” This is the most crucial economic indicator for most Americans, but when President Obama said in a recent speech at Northwestern that nearly every economic measure shows improvement from five years ago, he conspicuously left this one out. Most workers’ pay has not kept up with inflation for…