Issues
June 17, 2013 JBanking & Financial Services, Budget & Spending
The Senate’s recent actions on the 2013 Farm Bill speak to Washington’s complete lack of seriousness in getting spending under control. This year’s version is bigger and more bloated than ever, but that didn’t stop Senators from blocking cuts and reforms before passing it.
May 29, 2013 JEnergy & Environment
James Valvo In August 2012, the Department of Transportation and Environmental Protection Agency (EPA) finalized another increase in the government-mandated corporate average fuel economy standards (CAFE). The Obama administration claimed that the new 54.5 mpg mandate for cars and light trucks will “save consumers more than $1.7 trillion at the gas pump and reduce U.S. oil consumption [...]
May 29, 2013 JTechnology
On May 20, the Supreme Court handed down a potentially important decision in Arlington v. FCC. This decision further embeds the Court’s deference to administrative agencies’ interpretation of statutes
May 21, 2013 JBudget & Spending, Taxes
The 2013 legislative session adjourned late Monday night with just minutes to spare. This late-night conclusion, which resulted in $2 billion in total new taxes and nearly $3 billion in new spending, brought to an end a tumultuous session brought on by the dangers of one-party rule. It didn’t have to be this way.
May 15, 2013 JBanking & Financial Services
Jason Hughey Monday marked the three-year anniversary of the Senate’s passage of the Durbin Amendment as an attachment to the Dodd-Frank Act of 2010. The amendment prevented banks from charging more than 24 cents per debit card transaction. Before Durbin, banks were charging roughly 44 cents per debit card transaction. In the aftermath of the [...]