In The News

As long as government is involved in every aspect of our lives, then there will be a lot of money thrown at campaigns, especially presidential elections. Every time liberals try to stop it, people come up with a way around the restriction.

The R&D tax credit has been a “temporary” provision in the tax code since 1981. Each time the credit is about to expire, Congress rallies support to renew the tax break from those who benefit from it. As the libertarian IPI puts it, “this cycle has repeated itself for years ... Congress essentially uses this cycle to raise money for re-election, promising the industry more predictability the next time around.”

Turns out President Obama’s prediction about American drivers embracing electric cars was about as accurate as his prediction that Obamacare would lower health insurance premiums.

If Republicans are unable to repeal or somehow bypass Obamacare, conservatives may eventually decide that a single-payer system—such as expanding Medicare to everyone—would be better than the Obamacare status quo.

President Obama cut $500 billion from Medicare spending over 10 years in order to claim that Obamacare was "paid for." A better option, writes IPI's Merrill Matthews, "would have been to aggressively target Medicare and Medicaid fraud, which could have provided the same amount of savings." 

Much of the reporting on fracking is a confused mess. One day there's a news story or newly released study implying that fracking is causing earthquakes or groundwater contamination; the next day there's a different study or story asserting there is no clear connection. But scientific evidence does not support the media confusion and hyperbole. 

Means-testing rules for Medicare could mean higher premiums for some same-sex couples on two levels, said IPI's Dr. Merrill Matthews.

Hillary Clinton shouldn't take for granted she's got the Democratic nomination in the bag. Bernie Sanders, a self-described Socialist, is doing as well against Clinton in the polls as Obama was back in the 2008 election cycle.

If a king wants to impose a huge new business tax he can just do it. And that’s what King Obama did with his just-announced change to overtime pay for salaried employees.

Surely one of the most debated questions for historians after President Barack Obama’s eight years of economic and foreign policy mismanagement will be whether he was a deceiver or just deceived.