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On June 26, a 1,427-page climate change bill introduced by Representatives Henry Waxman (D-CA) and Edward Markey (D-MA) passed the House by a narrow margin. The bill, also known as Waxman-Markey, includes a number of alarming provisions, chief among them a cap-and-trade program that would attempt to curb global warming by imposing strict upper limits on the emission of six greenhouse gases, with the primary emphasis on carbon dioxide (CO2).

April's job numbers were good; Congress can make them better.

The Bush Administration's budget for fiscal year 2004 recommendsmajor changes at the U.S. Department of Justice. Among theAdministration's proposals are that hiring grants administered bythe Office of Community Oriented Policing Services (COPS) beeliminated in FY 2004 and that overall funding for COPS be reducedto retarget funding for more urgent priorities.

Appendix: The Economic and Fiscal Effects of the President's GrowthPackage

The labor market's perceived weakness has led to calls for anotherextension of temporary unemployment insurance benefits, but thiswould increase spending by roughly $1 billion per month and isunnecessary given the demonstrated strengthening of the labormarket. Any extension of jobless claims generates exactly the wrongincentives and increases the average duration of unemployment forthose who qualify.

Before we begin talking about ways to reform Social Security, consider: If the system had never existed and was proposed as new legislation in its current form, would it pass?

The Obama Administration has announced plans to require overtime pay for salaried employees who earn less than $50,440 a year. Economic research shows that employers will offset new overtime costs by lowering base salaries. As a result, these regulations will have little effect on total weekly earnings or hours worked. They will require employers to rigidly monitor salaried employees’ hours. This would proscribe the flexible working arrangements that many salaried employees value. These regula...

Milton Friedman's accomplishments and ideas, particularly in therealm of economic liberty, continue to transform the world today.

While enrollment in individual market coverage grew by almost 6.3 million, 61 percent of that gain was offset by a reduction of nearly 3.8 million individuals with employer-sponsored coverage. During the same period, Medicaid enrollment increased by almost 6.1 million—principally as a result of Obamacare expanding eligibility to able-bodied, working-age adults.

The Healthy Families Act (HFA, S. 910), sponsored by Senator Ted Kennedy (D-MA), would require businesses with 15 or more employees to provide mandatory paid sick leave. While the law should help workers taking time off when they or a family member needs medical care, a paid sick leave mandate would lead to wage cuts, forcing workers to take their pay in the form of sick leave whether they want to or not.