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The Growing Regulatory Burden, and the Challenge of Reform

According to the Office of Management and Budget, Americans currently spend 10 billion hours wading through federal paperwork requirements. In fact, in just one week in March, regulators added $1.4 billion to the regulatory burden, along with another 6.7 million hours of paperwork. And according to the National Federation of Independent Businesses, the largest problems for small businesses in February were regulation and red tape. Overall, the costs of regulation have become a significant problem. With the economy still enervated from the financial collapse of 2008, perhaps it is time to address the increasing regulatory burden, which can stifle the best laid schemes for economic growth.

04/01/2014
"Courts May Stop Illegal ObamaCare Taxes and Subsidies"
"America may be on the verge of a giant tax cut. A tax increase created illegally by the Obama IRS when interpreting Obamacare may come to an end, struck down as an unconstitutional overreach. Oral arguments Tuesday in Halbig v Sebelius showed hopeful signs for Obamacare opponents."
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Blog

Courts May Stop Illegal ObamaCare Taxes and Subsidies

America may be on the verge of a giant tax cut. A tax increase created illegally by the Obama IRS when interpreting ObamaCare may come to an end, struck down as unconstitutional overreach. Oral arguments Tuesday showed judges leaning toward forcing the administration to follow the law as written.

03/25/2014
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Blog

The Dictatorial Senate

Back in November, when Harry Reid’s employed the nuclear option to allow judicial nominees to be confirmed with a simple majority vote, commentators on both sides of the political spectrum had plenty to say about the move. On the right, Reid was criticized for single-handedly uprooting years of Senate tradition and for robbing the minority party of their right to debate. On the left, Reid’s actions were praised as greasing the wheels of government to actually get things accomplished in the face of intractable Republican opposition. Supporters of Reid appealed to a sense of Democracy, arguing that majority should rule and that the sixty-vote threshold is an arcane relic of a different time.

03/25/2014
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Retailers Seek a Wealth Transfer From the Banks

On Friday, March 21, the United States Court of Appeals for the District of Columbia handed retailers a considerable setback in their ongoing war against banks over price controls on interchange fees-the fees charged to retailers when they accept debit cards as payment. The court's decision is the latest salvo in the wake of the Durbin Amendment, which was hurriedly and quietly added to the Dodd-Frank financial services reform legislation of 2010. The amendment mandated that the Federal Reserve Board establish price caps for debit card interchange fees. Retailers claimed the caps were necessary to protect consumers, but the reality of the Durbin Amendment has been a direct transfer of resources from banks to retailers, with consumers facing higher costs as collateral damage.

03/25/2014
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Blog

With March 31st Deadline Looming, Obamacare Still Falling All Over Itself

As the first round of open enrollment for Obamacare draws to a close, the president and his senior staffers are desperately pitching it to the demographic they most need, often to the exclusion of seemingly weightier matters.

03/24/2014
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Blog

Medicaid Expansion Is Obamacare

Obamacare proponents would like you to believe that Medicaid expansion is "free" to the states and "free" to the people who go on the program. But like everything else, it has costs. While the federal government promises to cover most of the cost of the expansion, they've already made 17 trillion other promises.

03/21/2014
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The Minimum Wage Doesn’t Help the Poor, It Traps Them

Republicans hate the poor. Why else would they consistently oppose increases to the minimum wage? This is the progressive drumbeat that we have heard year in and year out for as long as anyone can remember, and will continue to hear as Congress tries to push for $10.10 federal minimum wage later this year. But a fallacy can only persist for so long before reality starts to catch up. It’s time to put this talking point to rest once and for all. The myth that higher minimum wages help the poor has finally run its course.

03/20/2014
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Blog

NYTimes Surprised War on Coal Hurts Low Income Families

The "I told you so" hits just keep on coming.

03/17/2014
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Blog

8 Ways Government is Waging a War Against Young People

1. Youth Unemployment is Still High

03/14/2014
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Blog

Americans Are Unimpressed With ObamaCare

Americans remain unimpressed with the train wreck known as ObamaCare. So far, the number of people completing the cumbersome exchange signup process has not met expectations. It will continue to disappoint its supporters because the product of the massive redesign of our health care system is one that its targeted customers do not want.

03/14/2014

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