The High Cost of Cash for Clunkers

The $1 billion set aside for the Car Allowance Rebate System (CARS), or "Cash for Clunkers," ran out quickly this summer. CARS aims to encourage the purchase of more fuel-efficient vehicles by offering a $3,500 to $4,500 government-funded rebate to consumers who trade-in vehicles that get less than 18 miles per gallon (mpg) for new cars that get more than 22 mpg or new trucks that get at least 18 mpg.  Congress refueled the popular stimulus program with another $2 billion – enough to buy a total of approximately 750,000 trade-ins.

The High Cost of Liberalism

The Treasury reports that our country's federal debt has doubled in nine years, rising steadily, year by year, to $10.72 trillion from $5.67 trillion in 2000. Our deficit for the current year fiscal year, which ends Sept. 30, is expected to total $1.8 trillion, four times last year's figure, leaving us with a federal debt of $38,500 for every U.S. resident.

Explaining the Town-Hall Protests – Wall Street Journal

'They're un-American," says House Speaker Nancy Pelosi. "They're spreading lies and distortions," says senior White House adviser David Axelrod. They are "being funded and organized by out-of-district special-interest groups and insurance companies," says the Democratic National Committee (DNC).

Explaining the Town-Hall Protests – Wall Street Journal

'They're un-American," says House Speaker Nancy Pelosi. "They're spreading lies and distortions," says senior White House adviser David Axelrod. They are "being funded and organized by out-of-district special-interest groups and insurance companies," says the Democratic National Committee (DNC).

Our Health Care Crisis: Age, Obesity, Lawyers

This is how President Obama should start a speech on health care–"My fellow Americans: We are old. We are fat. We are afraid of lawyers."

Our PC President would never begin a speech like that. But with his polls plummeting, maybe he should. I think the country is in the mood for such straight talk.

Congressional Brief: Health Care

To confront America’s health care crisis, we do not need more spending, more regulations or more bureaucracy. We do need people, however, including every doctor and every patient. All 300 million Americans must be free to use their intelligence, their creativity and their innovative ability to make the changes needed to create access to low-cost, high-quality health care.

USA versus the NHS- Times Online

When Bobbie Whiteman moved to the United States from Britain, she did not give medical insurance a thought. She had no cover for six months and it was only when she was offered a job at Variety, the Hollywood newspaper, that it became an issue. It was part of her salary package and she had to decide between several schemes the company had on offer.

Improving Savings Incentives for the Poor

Americans have been saving less and less of their after-tax income for the past 15 years. The annual personal savings rate averaged 8 percent from 1929 to 2000, but reached a historical low of 0.4 percent in 2005. With the onset of the 2008-2009 recession, however, the savings rate rose again to more than 6 percent.

We Broke the Bank- Washington Times

The United States is functionally bankrupt. Our collective capacity to deal with this astonishing fact is seemingly nonexistent. Our national politics have become show business, exhibiting a complete refusal to strategically respond to this reality.

Soaking the Rich and Drenching Small Business

As soon as 2010, small businesses could face three simultaneous tax hikes that would raise their marginal tax rate as high as 66.9 percent. Democrats in Congress plan to raise taxes on top earners by allowing some of the Bush tax cuts to expire. Draft legislation in the House of Representatives to overhaul the health care system contains two additional proposals that aim to soak the rich. However, these tax hikes will drench small businesses.

A Million Say No to ObamaCare

This week a petition drive against the healthreform plan, whose fate will be decided by Congress in the fall, gathered its one millionth signature. The petition drive, called Free Our Health Care Now, is sponsored by the National Center for Policy Analysis and has been widely touted by conservative radio talk-show hosts nationwide, including Bill Bennett, Hugh Hewitt, Michael Medved and others.

The New Federal Tobacco Tax: Who Loses?

The recent expansion of the State Children's Health Insurance Program (S-CHIP) was funded by an increase in federal excise taxes on tobacco products. Congress increased the federal tax on cigarettes by 61 cents per pack and raised the tax on other tobacco products, with the goal of equalizing the tax per pound of tobacco.

Carbon Offsets: Scam, Not Salvation

In the battle against climate change, most media attention has been paid to "cap-and-trade" schemes, under which countries set upper limits ("caps") on greenhouse gas (GHG) emissions and allow companies to sell ("trade") unused emissions rights to other firms. However, there is a second path to global warming salvation: Carbon offsets.