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The sustainable growth rate legislation should be replaced with sensible policies to reduce unnecessary spending and improve incentives for better health care.
Ethanol was the wrong tool, so it is no surprise that it achieved the wrong result.
Rather than concentrating on what the U.S. can do now to increase supply, the President instead decided to use a word that is straight out of the radical environmentalists' dictionary: "addicted."
A neuroscientist recalls how a host of substances took over his life and how, at last, he learned to impose new patterns of thought and behavior.
If there is one success story since 9/11, it has been the efforts to combat terror finance. If military action is sometimes akin to conducting surgery with an axe, efforts to dry up sources of funding are like wielding a scalpel.
The Financial Crisis Inquiry Commission issued its majority report in January 2011, stating that the 2007-2010 crisis was "avoidable" and caused by widespread failures in financial regulation. Commission member Peter Wallison disagreed.
Contrary to the popular misconception, the growth rate of national health spending has been dropping for a decade.
To avoid the next financial crisis, we must understand what caused the one from which we are now slowly emerging, and take action to avoid the same mistake in the future.




