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Tag: Economy
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As Government Regulations Grow, Business Opportunities Shrink

Posted: May 26, 2016 at 1:15 pm   /   Politics

A recent study by The Heritage Foundation revealed that President Barack Obama has created a whopping total of 20,642 regulations during his presidency. And as we approach his final year in office, we face an additional 2,000 proposed rules he intends to push through to complete his tarnished legacy. Businesses cannot be expected to thrive […]

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Congress’s Puerto Rico Bill Is Not a ‘Conservative Win’

Posted: May 25, 2016 at 12:51 pm   /   Politics

Congress’s latest attempt to address the Puerto Rico debt crisis is winning applause in some conservative quarters. The Wall Street Journal editorialized favorably, claiming that PROMESA, the acronym for H.R.  5278, “applies market reform principles to an urgent problem.” Writing in Forbes, the Conservative Reform Network’s Ryan Ellis called the bill “a conservative win,” one […]

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A Skeptical Look at Regulatory Budgeting

Posted: May 25, 2016 at 8:28 am   /   Politics

The burden of federal regulation on the U.S. economy has often been compared to a tax. Unlike ordinary taxation, however, these regulatory burdens are not accounted for in the federal budget. Unfortunately, the vision is as unattainable as it is tempting. Some members of Congress would like to create a “regulatory budget” specifically to limit […]

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How Helping Puerto Rico Through Debt Crisis Became Personal for One Conservative

Posted: May 24, 2016 at 3:22 pm   /   Politics

Puerto Rico made Rep. Raul Labrador, but the fact he was born there, and called it home until he was 13 years old did not inspire him to help the island with its debt crisis. In his five years as a lawmaker, Labrador’s political capital has been so invested in his conservative constituents in Idaho, […]

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Thanks to GOP, Washington’s Summer Spending Spree Has Started

Posted: May 24, 2016 at 2:37 pm   /   Politics

Washington’s summer spending spree is off to a very bad start for taxpayers. Congress couldn’t agree on a budget deal earlier this spring, but that isn’t stopping them from passing spending bills at historic levels. And President Barack Obama is fully engaged in budget gimmickry as well. The good news is that the majority of […]

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We Know What’s Solving Poverty Around the World

Posted: May 24, 2016 at 12:51 pm   /   Politics

For nations all around the world, as well as right here at home, lawmakers struggle with how to achieve economic and social progress. Data collected annually in the Index of Economic Freedom demonstrate that the principles of economic freedom have a strong positive impact on the global economy and poverty. As economic freedom has increased […]

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Puerto Ricans Need to ‘Clean Their Own House,’ Conservative Leaders Say

Posted: May 24, 2016 at 12:19 pm   /   Politics

Congress should not pass legislation to have taxpayers bail out Puerto Rico’s economic crisis, or allow the United States territory to file for bankruptcy, reads a memo from conservative leaders. “Both steps are bad policy and both should be avoided,” the memo reads. The memo, released Monday by over 35 leaders who are part of the […]

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International Trade Commission Releases Report on the Trans-Pacific Partnership

Posted: May 23, 2016 at 1:32 pm   /   Politics

The U.S. International Trade Commission (ITC), the government agency whose mission includes providing the President and Congress with independent analysis of international trade issues, recently released a 787-page report on the proposed Trans-Pacific Partnership (TPP) agreement between the U.S. and a dozen other countries. The results were not surprising. According to the ITC, the agreement […]

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20,642 New Regulations Added in the Obama Presidency

Posted: May 23, 2016 at 9:34 am   /   Politics

The tide of red tape that threatens to drown U.S. consumers and businesses surged yet again in 2015, according to a Heritage Foundation study we released on Monday. More than $22 billion per year in new regulatory costs were imposed on Americans last year More than $22 billion per year in new regulatory costs were […]

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