On April 5, 2012, the President signed into law the Jumpstart Our Business Startups (JOBS) Act, which passed by a large bipartisan majority in the Congress. The Act is designed to facilitate the equity funding of new companies. Recent research has documented that from 1980 through the 2008-09 recession new companies have been main drivers of job creation in the United States. 

Higher tax rates on high earners, even if they produce less revenue, are an attempt to centralize power in government and to limit the autonomy and countervailing power of individuals in the voluntary sector. Which is why the liberal bloggers cheer them on.

During two closed sessions before the luncheon, committee members discussed the latest in financial regulation issues. At a luncheon briefing following these sessions, SFRC members gave several statements and answered questions.

This week marked the 40th anniversary of its passage with scarcely any observance of the magnitude of progress under the legislation.

While strong support for South Korea following the tragic murder by North Korea of 46 sailors is welcome news, an unnecessary concession to China is less promising.

Congress has made a good deal of progress on financial reform legislation; perhaps we have learned some lessons from the financial crisis after all.

Economic analysis provides partial, but not complete, support for proposals to broaden the corporate tax base and lower the statutory tax rate.

What is historically distinct about U.S. power is that it has quite remarkably enabled the spread of human liberty and representative government, through time and across cultures.