NCPA Daily Policy Digest (2/18/11)
| February 18, 2011 |
Clean Energy Threatens U.S. Economy and National SecurityEnvironmentalist dogma threatens job growth and national security, says H. Sterling Burnett, a senior fellow with the National Center for Policy Analysis... WASHINGTON TIMES New Health Care Law Will Have Negative ImpactThe new health reform law will increase taxes by more than $569 billion between now and 2019, and the burdens it places on business will significantly reduce economic growth and employment... CATO INSTITUTE Lower Corporate Tax Rates Would Boost the EconomyEliminating every loophole in the taxation of domestic corporate profits would raise less than $60 billion of extra revenue in 2011... WALL STREET JOURNAL Implementing Health Reform Will Cost MillionsThe Internal Revenue Service says it will need 1,054 new auditors and staffers and new facilities at a cost to taxpayers of more than $359 million in fiscal 2012 just to watch over the initial implementation of President Obama's health care reforms... U.S. NEWS AND WORLD REPORT United States Dangerously Close to Debt/GDP Ratio ThresholdThe United States will probably hit a 90 percent debt/gross domestic product ratio within a year, meaning the economy will seriously weaken and government spending will spiral out of control to keep up with debt interest payments... WASHINGTON TIMES |
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