After John Boehner was elected leader of the House Republicans in 2006, Fox News host Chris Wallace asked him what was, at the time, an obvious question: “Medicare prescription drug benefit,” Wallace said. “How do you think it’s working?”
Representative Paul Ryan, chairman of the House Budget Committee, declared this month that the U.S. national debt “is hurting our economy today.” It’s an idea embraced by almost every Republican and even some Democrats.
Fees that health insurers will be required to pay the U.S. government starting in 2014 will give nonprofits such as Kaiser Permanente a market advantage over corporate competitors, said economist Douglas Holtz-Eakin.
Although Warren Buffett may be a stellar investor, his entry into the world of federal tax policy has brought forth nothing but bad ideas based on flawed information and misleading demagoguery. Let’s review the record.
The new health-care law is a threat to the health of small businesses. Its heavy dosage of mandates and penalties will be a financial burden, and the law is riddled with hidden barriers to stronger job growth.
The wrangling of President Barack Obama and congressional Republicans over the federal budget underscores a clash of core philosophies about how the economy works that supersedes any skirmish on taxes or spending cuts.
The U.S. economy is struggling. More than two years after the end of the recession, unemployment is stuck at more than 9 percent. Analysts are lowering their estimates of growth, which they now forecast will be even slower than the disappointing pace of 2011’s first half.
Aug. 30 (Bloomberg) -- Lanhee Chen, policy director for Republican presidential nominee Mitt Romney's campaign, Douglas Holtz-Eakin, president of the American Action Forum, former U.S. Labor Secretary Elaine Chao, and former Representative Vin Weber of Minnesota participate in a panel discussion about fiscal policy.¶ Bloomberg's Peter Cook moderates the event sponsored by Bloomberg LP and Peterson G. Peterson Foundation at the Republican National Convention in Tampa, Florida. (Source: Bloomberg)