WEDNESDAY, MARCH 7, 2012 ECONOMICS: Young Adults See Their Pay Decline http://online.wsj.com/article/SB10001424052970204276304577265510046126438.html Young people entering the job market are taking the brunt of the downward pressure on wages caused by high unemployment, according to a new analysis of pay trends. In data compiled for a coming report, the Economic Policy Institute, a center-left think … Continue reading
IPAB is a Sinking Ship
You know legislation is bad when both Democrats and Republicans are trying to find a way to repeal it. On Tuesday the House Ways and Means Health Subcommittee convened for a hearing to examine how the Independent Payment Advisory Board (IPAB) would affect Medicare, beneficiaries, and physicians. The legislation of interest is Section 3403 and … Continue reading
Hispanics have spoken. How will the GOP respond?
On Monday, under the direction of Latin Insights, Fox News Latino conducted a poll that showed that President Barack Obama has begun to gain more support among Hispanic voters. The poll demonstrated that Obama was favored six-to-one over any of the GOP presidential hopefuls. As the election nears, the GOP and its candidates should be … Continue reading
Rep. Susan Collins: The Great Compromiser
Senator Susan Collin’s Bill S.1392 essentially does a lot of things for the EPA. First, this bill does away with four distinct rulings: (1) the National Emission Standards for Hazardous Air Pollutants for Major Sources: Industrial, Commercial, and Institutional Boilers and Process Heaters; (2) the National Emission Standards for Hazardous Air Pollutants for Area Sources: … Continue reading
I don’t think you answered my question
The House of Representatives committee of ways and means held a hearing Tuesday, February 28, 2012 to discuss the President’s Fiscal Year 2013 Budget with Kathleen Sebelius, Secretary of Health and Human Services (HHS). The hearing was slow to start since many representatives did not get to their seats until after Ms. Sebelius was finished … Continue reading
Utility MACT Rule, Destroying Jobs and Saving Lives?
A Cast of Characters An Native American and an Evangelical walk into a bar… Or let me rephrase that; an Native American and an Evangelical walked into the Rayburn House Office Building on February 8, 2012 to act as a part of a panel put together by the Subcommittee … Continue reading
Economic Daily Outlook
TUESDAY, MARCH 6, 2012 ECONOMICS: Obama holding full news conference; housing, politics, gas prices, foreign tests on tap http://www.washingtonpost.com/politics/obama-to-hold-news-conference-amid-international-challenges-improved-standing-at-home/2012/03/06/gIQAMTi7tR_story.html President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration’s latest efforts to address a persistent housing crisis. In his first full news conference … Continue reading
Economic Daily Outlook
MONDAY, MARCH 5, 2012 ECONOMICS: Fed Takes a Break to Weigh Outlook http://online.wsj.com/article/SB10001424052970204276304577261462731503918.html The Federal Reserve is pausing after a six-month campaign to boost growth, while policy makers assess a puzzling economic outlook. Fed officials meeting next week are unlikely to take any new actions to spur the recovery, and they are likely to … Continue reading
Post Office Cuts a Double Edged Sword
By Logan Albright Last week, the U.S. Postal Service announced plans to close facilities, lay off workers and generally reduce the quality of service in order to cut costs. For advocates of limited government, this is both good and bad news. The Post Office has long drawn scorn and ridicule for its reputation as embodying … Continue reading
How NCLB Waivers Make a Bad Situation Worse
With the reauthorization of No Child Left Behind (NCLB) on the horizon, the Obama administration has complicated the issue by creating a process by where states may apply for waivers for the restrictions implemented by this law. While the standards implemented by NCLB are counterproductive, the way the waivers are distributed may end up doing … Continue reading
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