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Fed flirts with stimulus
As expected, the Federal Reserve signaled its commitment to fighting inflation by holding interest rates steady at this week’s Federal Open Market Committee meeting. It…
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Distinguished guests celebrate liberty movement jubilee
I recently returned to D.C. from Tampa, Florida, where I attended the 60th anniversary meeting (“Diamond Jubilee”) of the Philadelphia Society. For those who…
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Myths and facts about the PROVE IT Act
Myth: Supporting the PROVE IT Act (S. 1863) does not mean support for carbon taxes.Fact: Many bill supporters readily acknowledge that it will…
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New FDA lab tests rule could bankrupt small labs
Yesterday the Food and Drug Administration (FDA) announced that on May 6 it will promulgate a rule under its authority to regulate medical devices.
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Why policymakers should reject the PROVE IT Act: It’s a pro-tax, anti-energy bill
The PROVE IT Act (S. 1863) requires the collection and regular updating of the carbon intensity of domestic and foreign goods. It establishes the…
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California’s $20 fast food worker minimum wage a regressive tax
California’s new $20 an hour minimum wage for fast food restaurants has turned into a regressive tax on the state’s low-income residents. People who wanted…