If there is one thing the Obama Administration has done with unwavering consistency, it is acting outside of its authority. Recently, the Federal Reserve has expressed interest in entering the electronic payments industry. More specifically: processing credit and debit card transactions. The possibility of this happening is alarming as it would mean the federal government would be trying to compete in an industry they regulate. This could pose a serious threat to the free market and competition in the electronic payment industry.
Politicians have been trying to provide affordable prescription drugs for more than a decade. Before the Patient Protection and Affordable Care Act, also known as Obamacare, there was Medicare Part D seeking to lower costs for senior citizens. Unfortunately for politicians, breakthrough new drugs often take billions of dollars and millions of man hours to produce and higher prices are needed to recoup these costs; such is the situation with the new Hepatitis C cure courtesy of Gilead Sciences.
Australia’s recent carbon tax experiment has laid bare for the world to see the dirty truth behind climate taxation: it hurts individuals and families across the board, causing the economy to suffer without having any significant impact on the climate.
By Christine Harbin Hanson With only one week left before August recess, Congress has no shortage of serious issues to address— spending bills, the extension of expiring tax breaks, highway funding legislation, and a host of other pressing policy priorities. Instead of focusing on these higher-priority issues, however, the Senate is poised to consider one that’s [...]
FOR IMMEDIATE RELEASE: Thursday, July 17, 2014 FRANKFORT – Julia Crigler, the new State Director of Americans for Prosperity – Kentucky, offered the following statement in response to Governor Beshear’s budget announcement: “It’s disappointing that Governor Beshear has again chosen to irresponsibly take from the egregiously underfunded rainy day fund that already was far below [...]