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Tag: Economy

House GOP Leaders Argue Against Scrapping Budget Deal

Posted: March 2, 2016 at 4:15 pm   /   Politics

For House Republicans, the time for choosing starts Thursday. At a GOP conference meeting, leadership plans to gauge support for adopting a new budget with old spending numbers that conservatives, among others, consider too high. House Budget Chairman Tom Price, R-Ga., is set to preview his committee’s budget resolution for Republican lawmakers. How lawmakers receive the […]

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After 1 Year, the Effects of the Net Neutrality Regulations

Posted: March 2, 2016 at 2:13 pm   /   Politics

One year after the Federal Communications Commission decided to regulate Internet service as an essential public utility, the contentious net neutrality policy is being challenged in court, and Republican lawmakers are seeking to overturn it. But even as net neutrality faces an uncertain future, supporters and opponents of the rules are measuring their impact, and […]

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Steve Forbes on How a Flat Tax Would Reduce DC Cronyism

Posted: February 29, 2016 at 12:43 pm   /   Politics

How do you get rid of cronyism in Washington? In part two of my interview with Steve Forbes, chairman of Forbes Media and a former Republican presidential candidate, he makes the case that complexity gives power to Washington and there is no better example than the IRS. Forbes says if you throw out the current tax code […]

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The Right Solution for Puerto Rico

Posted: February 29, 2016 at 7:38 am   /   Politics

Finally, support from Congress for something other than a federal bailout for Puerto Rico or letting the commonwealth break its contracts and constitutional obligations. The Republican Study Committee issued the following position: “The RSC opposes granting access to Chapter 9 bankruptcy for Puerto Rico or access to similar forced restructuring of debt. The RSC does […]

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Conservative Lawmaker’s Bill Would Push Back Against Obama’s Executive Overreach

Posted: February 26, 2016 at 3:21 pm   /   Politics

Rep. Ken Buck, R-Colo., is still angry about the omnibus spending bill that passed through Congress more than two months ago. Buck’s frustrated, not only by what Congress included in the massive $1.1 trillion omnibus spending bill, but also by what Congress intentionally left out. He wants the legislature to reassert its rulemaking authority by […]

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3 Areas Steve Forbes Thinks We Should Tackle to Revive America

Posted: February 26, 2016 at 2:36 pm   /   Politics

Addressing tax, health care, and monetary policy is key to ensuring America’s economic future, says Steve Forbes, chairman of Forbes Media. Forbes, a two-time candidate for the Republican presidential nomination and Board of Trustees member at The Heritage Foundation, laid out his “reforms that we need to get this country moving again” during a speaking engagement […]

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House Republicans Vow to Scuttle Boehner-Obama Spending Levels

Posted: February 26, 2016 at 10:51 am   /   Politics

The largest Republican caucus in Congress has thrown its weight behind a proposal to reduce spending significantly and scrap a 2015 budget deal. With that move, the conservative-leaning Republican Study Committee brings additional urgency to an ongoing budget battle in Congress. House Speaker Paul Ryan wants to keep in place spending levels in the Bipartisan […]

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A Universal Basic Income Is Anti-Work

Posted: February 26, 2016 at 9:07 am   /   Politics

In a recent article, Richard Reeves of the Brookings Institution suggests that we should decouple income from work through a “universal basic income” based on the premise that the labor market no longer equitably distributes the gains from economic growth to those at the bottom of the income distribution. This is the wrong policy route […]

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How Oregon’s $14.50 Minimum Wage Will Hurt Those It’s Supposed to Help

Posted: February 25, 2016 at 1:31 pm   /   Politics

Good intentions can produce terrible results. Recently the Oregon legislature passed an unprecedented minimum wage hike in effort to help workers within their state, but the legislation will hurt the workers it’s supposed to help. By 2022 the states’ minimum wage will rise to $14.50/hour in the Portland area, $12.50/hour in rural areas, and $13.25/hour […]

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