Heritage Foundation News
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President Barack Obama renewed his oath of office in January vowing to use the bully pulpit to rally the American people around his second-term agenda.
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A congressional hearing into Apple Inc.’s use of offshore tax shelters called attention to how U.S. companies lower their taxes, and underscored the difficulty Congress confronts when trying to end the practice.
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The Heritage Foundation said one of the authors of a report released this week criticizing a bipartisan Senate plan to revise U.S. immigration laws has resigned.
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Immigration reform is dividing conservative groups in Washington.
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Robert Liang and his wife, Alice, are living arguments for backers of an immigration-law revision: Though undocumented, they’re hardworking small-business owners who don’t want government help. The immigrants from Taiwan also embody an argument for its opponents: They’re older than 50.
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Creating a path to citizenship for about 11 million undocumented immigrants now in the U.S. would cost taxpayers $6.3 trillion, according to an estimate by the Republican-leaning Heritage Foundation that opposes such a plan.
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A Social Security Administration analysis said the Senate’s bipartisan immigration proposal would boost U.S. tax revenue, create jobs and increase the gross domestic product over the next 10 years.
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“Obviously, I get to speak first since I was the best secretary of defense,” joked former Vice President Dick Cheney, while introducing Donald Rumsfeld at a book party last night.
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The most significant revision of U.S. immigration laws in a generation will come under a new line of attack for its potential costs to public programs including Social Security and Medicare.
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President Barack Obama asked his nominees for Commerce secretary and trade ambassador to revive U.S. export growth as the administration’s goal of doubling overseas sales by the end of next year slips out of reach.
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