The AP reports that a new report by economic experts at the Department of Health and Human Services found that Obamacare "will increase national health care spending by $311 billion from 2010-2019, or nine-tenths of 1 percent." So much for bending the cost curve downward.    Read More

The Senate is expected to take up a proposal, originally authored by Senator Chris Dodd (D–CT), to reform the financial regulatory system in the U.S. The goal is clear: to minimize the chances that another financial crisis—and bailouts—will arise again.

The objective is a good one. Unfortunately, the 1,408-page bill includes numerous provisions that would hurt—not help—consumers and the economy. It would even make another financial crisis or bailout more likely to occur.  Read more »

Is the Tea Party movement nothing but a mirage? That’s the impression left by an odd confluence of recent reports.

First, the Christian Science Monitor’s Patchwork Nation blog reported that the entire Tea Party movement consists of just 67,000 members. PBS NewsHour cross-posted the story on its The Rundown blog the same day.

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Heading for a 10,000-Foot Cliff: Why Budget Process Reform is Needed Now

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