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It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.
With the threat of a veto hanging over its head, the National Defense Authorization bill heads to the House floor today for debate. Among the provisions are several dealing with the question of a nuclear weapons armed Iran, and what the United States should do to avert a crisis, prepare to handle the threat, or eliminate the threat altogether.
Strategies to create countercyclical elements to moderate business swings, as well as reforms for Fannie Mae and Freddie Mac are missing from the financial-regulatory bill, and absent those reforms, the proposed regulations will do little to address the flaws that caused the crisis in the first place.
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.
The Congressional Budget Office must apply greater levels of scrutiny to the broader consequences of the health reform bill.
How will pending legislation determine the cost and availability of health insurance? Will it advantage some people over others?
Elizabeth Warren is again at the center of a political controversy. Despite her insistence that she is part Cherokee, based upon “family lore” and her observation that some in her family had “high cheekbones like all the Indians do,” she has failed to produce any concrete evidence to substantiate her claim.





