Taxes & Economy
Bailout Passes, Stock Market Drops (and other myths debunked)
Remember how earlier today I said that those who point to the stock market as an indicator that the bailout needs to pass are being silly? The proponents of…
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Are bailout proponents con artists?
In addition to the rhetoric that we need a bailout now, or we will face a great depression (which has been debunked), bailout proponents are selling the idea…
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McCain is Right on Interstate Health Insurance
Merrill Matthews in the Wall Street Journal writes that John McCain’s plan to allow individuals and small businesses to buy insurance across state lines – a policy championed in…
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That’s our General Assembly
With a budget deficit and possible tax increase looming, federal denial of I-80 tolling opening up a gap in transportation funding (and the Turnpike Commission borrowing against future…
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Converting Medicaid into Premium Assistance
The Heritage Foundation has a new backgrounder (click here for PDF) on how states can convert Medicaid spending into premium assistance for insurance – a proposal which would…
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Root causes of the financial “crisis”
I attended a conference late last week feature a number of economists, and was surprised to discover a great deal of disagreement about what caused the “crisis” in the financial…
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Bailout Updates
Bill Text Side-by-Side Comparisons CNN Summary Sales Pitch Summary Boehner’s Sales Pitch Bush’s Sales Pitch WSJ Summary Rep. Mike Pence: “Republicans…
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The case Barlett hasn’t made
Bruce Bartlett attempts to justify the bailout (“The case Bush hasn’t made”) by explaining that the financial sector is different than other sectors, that a collapse in the financial…
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Bailout Bandwagon – The Rendell Plan
As hope for the proposed Turnpike Lease dwindles, Pennsylvania Governor Ed Rendell is asking Congress to add $100 billion in transportation money to the $700 billion bailout deal.
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