Keyword: heritagefoundation
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Senior policy analyst with The Heritage Foundation believes "cap-and-trade" legislation will increase an already bloated federal government. David Kreutzer tells OneNewsNow that if cap-and-trade legislation -- sometimes referred to as "energy ration and tax" by opponents -- passes the Senate, it will add more than $8 billion in additional government staff. "This is not the cost to the economy from the higher energy prices -- that's much, much higher; that will be thousands of dollars per family...$9.4 trillion over the first 24 years," Kreutzer explains. "The eight billion [dollars] is just for the staff in Washington to handle the paperwork."...
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Share a NiteCap and an interview with HonestConservative and Brian Darling of the Heritage Foundation as we discuss the healthcare scam and how socialists goals have changed little in our lifetime, just ask Ronald Reagan, whose conservative philosophy will be with us through the glories of audio technology.
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An Analysis of the American Clean Energy and Security Act of 2009 by David Kreutzer, Ph.D., Karen Campbell, Ph.D., William W. Beach, Ben Lieberman and Nicolas Loris Center for Data Analysis Report #09-04 After a truncated debate and last-minute changes, the House of Representatives narrowly passed climate-change legislation on June 26, 2009, designed by Henry Waxman (D-CA) and Edward Markey (D-MA). The 1,427-page bill would restrict greenhouse gas emissions from industry, mainly carbon dioxide from the combustion of coal, oil, and natural gas.Since energy is the lifeblood of the American economy, 85 percent of which comes from CO2-emitting fossil fuels,...
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For many Americans, the 2008 presidential election was historic, both in its outcome and the number of citizens who voted, many for the first time. The overall turnout of the votingeligible population was 61.7 percent, the highest turnout since the 1964 presidential election.[1] Local election officials in many states reported high levels of voting by many individuals who have not traditionally participated in the election process. The same, however, cannot be said for America's military members and their votingage dependents ("military voters"). For these voters, especially those serving in dangerous combat zones like Iraq and Afghanistan, the 2008 presidential...
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1.Millions Will Lose Their Current Insurance. Period. End of Story: President Obama wants Americans to believe they can keep their insurance if they like, but research from the government, private research firms, and think tanks show this is not the case. Proposed economic incentives, plus a government-run health plan like the one proposed in the House bill, would cause 88.1 million people to see their current employer-sponsored health plan disappear. 2.Your Health Care Coverage Will Probably Change Anyway: Even if you kept your private insurance, eventually most remaining plans—whether employer plans or individual plans—would have to conform to new federal...
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Climate Change: The EPA has prepared a finding for review that global warming is a public health threat, the first step toward regulating the American economy down to your lawn mower.We are often told how the pursuit of alternative energy will help save the earth from climate change and create lots of green jobs. Advocates rarely use the phrase "global warming" any more because the earth is in fact no longer warming, and hasn't for a decade due to a decline in solar activity and other natural factors. They prefer the phrase "climate change" because it can cover a multitude...
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Energy: While members of Congress take vacations their constituents can no longer afford, a country prepares to end its dependence on foreign oil by extracting supplies from shale rock. It's not the U.S. It's in the Middle East.Jordan imports 95% of its oil. Unlike the U.S., the desert kingdom plans on doing something about it. It does not, however, plan to cover its flat open spaces with solar panels or wind farms. It's going to do something the Democratic Congress has refused to do — get oil from its abundant shale rock. On Sunday, Maher Hjazin, head of the Jordanian...
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Palin Vs. Kerry (And MoveOn.org) By INVESTOR'S BUSINESS DAILY | Posted Wednesday, July 15, 2009 4:20 PM The political death of Sarah Palin has been greatly exaggerated. In a devastating op-ed in the Washington Post, Alaska's governor exposes the cap-and-tax fraud that has nothing to do with earth's temperature and everything to do with government control of the economy. She also exposes the stealth socialism ambitions of the Democratic left and once again points out the availability of abundant "shovel-ready" resources under America's soil, off America's shores and even in America's rocks. Judging from the reaction from Sen. Kerry and...
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Great IBD Editorial Regarding My "Cap and Tax" Article Yesterday at 7:20pm The political death of Sarah Palin has been greatly exaggerated. In a devastating op-ed in the Washington Post, Alaska's governor exposes the cap-and-tax fraud that has nothing to do with earth's temperature and everything to do with government control of the economy. She also exposes the stealth socialism ambitions of the Democratic left and once again points out the availability of abundant "shovel-ready" resources under America's soil, off America's shores and even in America's rocks. Judging from the reaction from Sen. Kerry and the political arm of George...
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Politics: John Kerry, replying to an op-ed Sarah Palin wrote on cap-and-trade, suggests the Alaska governor "check the view from her front porch." What she sees from there, senator, is energy wealth going to waste.The political death of Sarah Palin has been greatly exaggerated. In a devastating op-ed in the Washington Post, Alaska's governor exposes the cap-and-tax fraud that has nothing to do with earth's temperature and everything to do with government control of the economy. She also exposes the stealth socialism ambitions of the Democratic left and once again points out the availability of abundant "shovel-ready" resources under America's...
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Since World War II, the U.S. military has used air power as a decisive force multiplier to prevail in peacetime and in combat. In fact, "American ground forces have not come under attack from enemy air forces since the Korean War."[1] Usually, the military with the best and most fighter aircraft achieves air superiority (control of the airspace over the operational zone). Accordingly, Air Force leaders consider their air superiority mission their second highest priority, behind only nuclear deterrence.[2] The U.S. military has consistently gone one step further by establishing air supremacy, in which "the opposing air force is incapable...
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Climate Change: Supporters of economy-killing cap-and-trade legislation not only misquote the Congressional Budget Office's report lowballing the costs. They ignore how CBO cooked the books to get its numbers.We have often cited the CBO in our editorials. It's a nonpartisan entity whose staffers normally do a decent job analyzing data and crunching numbers. But as regards the true cost of climate change legislation, they have fallen victim to the computer-age trap: garbage in, garbage out. In recent weeks, ABC's "This Week" host George Stephanopoulos twice misquoted a CBO analysis of the Waxman-Markey bill that claims that we can save the...
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Climate Change: Channeling King Canute, G-8 leaders agree to wreck the world's economy, and ours, by pledging to prevent temperatures from rising more than 4 degrees by 2050. What if the Earth has other plans?Canute was the legendary king whose sycophantic followers praised his power and wisdom. He was The One of his time. He once stood on the shore and commanded the waves to halt. As the story goes, he was exercising his ego when in fact he was giving his followers a dose of reality — the power of man over nature is finite and inconsequential. We were...
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Regulation: Ignoring the first rule of holes, a bankrupt state passing out IOUs welcomes an EPA waiver allowing it to further kill its economy. Too bad the state can't stop the air pollution imported from a growing China. The U.S. Environmental Protection Agency on Tuesday granted California its long-standing request — denied by the Bush administration — for a waiver to allow it to impose even more stringent air pollution rules than currently required by the federal government.The way is now clear for implementation of a 2002 state law requiring new cars to increase their fuel economy 40% by 2016....
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Climate Change: A switch of four Republican votes would have defeated Waxman-Markey, the Democrats' global warming legislation. But like the Clinton Btu tax, the bill could die in the Senate and turn the House over to the GOP.What were these RINOs thinking? The GOP is supposed to be the party of low taxes and free markets. Rep. Mike Castle, one of the eight offered an explanation right off of President Obama's teleprompter. "Nations around the world are surging ahead with emission reductions and developing new energy technologies," Castle, Delaware's at-large congressman, posted on his House Web site. "The United States...
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Climate Change: A switch of four Republican votes would have defeated Waxman-Markey, the Democrats' global warming legislation. But like the Clinton Btu tax, the bill could die in the Senate and turn the House over to the GOP. What were these RINOs thinking? The GOP is supposed to be the party of low taxes and free markets. Rep. Mike Castle, one of the eight offered an explanation right off of President Obama's teleprompter...Illinois Republican Mark Kirk, who has senatorial ambitions to replace the choice of impeached former Gov. Rod Blagojevich, Sen. Roland Burris, demonstrates why GOP fortunes in the Land...
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Regardless of the scientific merit behind doomsday predictions of global warming, President Obama and Congress seem intent on instituting a U.S. policy regime to address the specter of climate change.The debate on the most effective way to "green" America--cap-and-trade, carbon taxes, tough energy standards and regulations, some hybrid approach, or sticking to open markets--will be a heated one. With affordable green technologies still in development, policymakers need to recognize that the economic cost of limiting U.S. production of greenhouse gases on U.S. consumers and companies will be high--high enough to question whether the costs are worth the equally uncertain...
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Fiscal Policy: The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy. Smoot-Hawley will seem like a speed bump...As we've said before, capping emissions is capping economic growth. An analysis of Waxman-Markey by the Heritage Foundation projects that by 2035 it would reduce aggregate gross domestic product by $7.4 trillion. In an average year, 844,000 jobs would be destroyed, with peak years seeing unemployment rise by almost 2 million. Consumers would pay through the nose as electricity rates would necessarily skyrocket, as President Obama once...
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Fiscal Policy: The House of Representatives is preparing to vote on an anti-stimulus package that in the name of saving the earth will destroy the American economy. Smoot-Hawley will seem like a speed bump.Not since a misguided piece of legislation imposed tariffs that turned a recession into a depression has there been a piece of legislation as bad as Waxman-Markey.The 1,000-plus-page American Clean Energy and Security Act (H.R. 2454) is being rushed to a vote by House Speaker Nancy Pelosi before anyone can seriously object to this economic suicide pact.
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It has become quite clear over the past several months that placing a cap on carbon emission--via rationing, taxing, and eliminating consumer choice--will have major implications for American families and the economy. An analysis of the Waxman-Markey bill (as reported out of the House Committee on Energy and Commerce) by The Heritage Foundation found that unemployment will increase by nearly 2 million in 2012, the first year of the program, and reach nearly 2.5 million in 2035, the last year of the analysis. Total GDP loss by 2035 would be $9.4 trillion. The national debt would balloon as the economy...
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