In a recent letter, Martin Lobel describes as "intellectually bankrupt" our arguments against S. 940 and S. 2204, two recent bills that would have imposed unfavorable tax rules on five large oil companies that would not have applied to other taxpayers. Unfortunately, Lobel mischaracterizes our analysis of why the bills violate the rule of law.

John Boehner is caught between a rock and a hard place in order to get the House of Representatives to vote on his debt plan.

Here we go again.  A series of uncoordinated government policies are once more setting up the U.S. banking system for major losses and possibly another financial crisis.  

The Baucus bill will add as much as $376 billion to the deficit over the next decade.

Several studies have shown that public-sector workers receive higher compensation than their counterparts in the private sector. Although, federal contractors have some of the advantages of private sector workers, in that poor performers can be dismissed and the composition of the contractor workforce altered, it is possible that they are overcompensated just as federal employees are right now.

The Shadow Financial Regulatory Committee (SFRC) is a group of publicly recognized independent experts on the financial services industry, including banking, insurance, and securities, who meet regularly to study and critique regulatory policies affecting this sector of the economy. At the two closed sessions before the luncheon, committee members discussed,...

In a new AEI volume, a group of leading economists critically examines whether the government should increase its role in five private insurance markets.

AARP's reports on drug prices invariably conclude that prices are increasing faster than inflation, but after factoring in generic-drug prices, drug costs for the elderly are actually decreasing.