Topic - Cato Institute

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  • Rep. Paul Ryan, Wisconsin Republican, took his final crack at a budget last week when the House cleared his 2015 plan, which again calls for holding revenue steady while making deep cuts to both annual discretionary spending and to entitlement programs such as Medicare and Social Security. Those cuts would bring the budget into balance in 2024. (Associated Press)

    CBO shows it's Paul Ryan 4, Obama 0 on budget targeting

    Soon after the tea party era began in Congress in 2011, President Obama and House Budget Committee Chairman Paul Ryan each released their budgets, proposing how much the government should tax and spend over the rest of the decade.

  • Illustration by Alexander Hunter/The Washington Times

    BANDOW: It's time to shut down the Transportation Safety Administration

    Any American who travels must deal with the Transportation Safety Administration. The Bush administration made many mistakes in dealing with the attacks of Sept. 11, 2001. Creating a government monopoly to handle transportation safety was one of the worst.

  • Illustration by Alexander Hunter for The Washington Times

    RAHN: The failed Fed

    "I wouldn't start here if I were you," is the punch line of an old Irish joke, which monetary scholar Kevin Dowd cites to illustrate the deeper and deeper hole the Federal Reserve is getting us into.

  • **FILE** Kathy Hansen, a family practice doctor in Houston, protests President Obama's health care law outside the Supreme Court on March 27, 2012. The justices were listening to arguments on the law's individual mandate. (The Washington Times)

    Lawsuit over health care tax could kill 'Obamacare'

    "Obamacare" looks increasingly inevitable, but one lawsuit making its way through the court system could pull the plug on the sweeping federal health care law.

  • Illustration by: Tom Trouw, Amsterdam, The Netherlands

    RAHN: Where will the next financial crisis begin?

    Which country will serve as the trigger for the next financial crisis? Given the continuing rise in debt-to-gross domestic product (GDP) ratios in many countries, it is apparent that a new financial crisis will occur. Most of the speculation has been about when, rather than where.

  • FILE - In this Oct. 23, 2012 file photo, President Barack Obama takes the podium after being introduced by Vice President Joe Biden at a joint campaign rally, at Triangle Park in Dayton, Ohio.

    Report gives Obama failing marks on transparency

    Despite promising his administration would be "the most open and transparent in history," President Obama has lagged in making government information accessible to the public, and been bested when it comes to public access to data by the House Republicans, according to grades to be released Monday by the libertarian Cato Institute.

  • Milagros Rodriguez, from the Dominican Republic, works at her salon, Woodside Beauty Salon in Queens, N.Y. A study says two-thirds of job growth since 2009 has been among immigrants. (Associated Press)

    Two-thirds of jobs go to immigrants during Obama's four years

    Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years.

  • ** FILE ** Kansas Gov. Sam Brownback. (Associated Press)

    GOP governors ace fiscal exam; report praises executives elected in tea party wave

    Republican governors elected in 2010's tea party wave have generally made good on pledges to cut taxes and limit spending, according to the latest fiscal report card released Tuesday by the Cato Institute think tank, which graded the states' executives on their boldness is reining in government expansion.

  • Illustration: Global taxes by Alexander Hunter for The Washington Times

    RAHN: U.S. should ax destructive tax

    It's difficult to say definitively which tax is the most destructive. The corporate income tax is a leading candidate for causing higher prices to consumers, lower wages to workers and lower returns to investors.

  • Illustration: Tyranny and freedom by Linas Garsys for The Washington Times

    RAHN: America in free-fall

    The annual Economic Freedom of the World report, including an index of country rankings, has just been released, and it should be a wake-up call.

  • Illustration by Greg Groesch for The Washington Times

    DEHAVEN: Cut big business's corporate welfare

    With the federal government closing in on its fourth consecutive budget deficit in excess of $1 trillion, the national debt is hurtling toward dangerous levels. If the nation is to avert a debt crisis, federal policymakers need to aggressively balance revenues. Business subsidies, or "corporate welfare," are a good place to start.

  • Director of National Intelligence James R. Clapper on Monday announced two steps to squelch leaks of classified information after disclosures about national security. (Associated Press)

    Inside Politics: Intel director takes step to stop classified leaks

    The director of national intelligence is announcing two steps to avert leaks of classified information after recent disclosures about national security.

  • Illustration: Currency sinking by Alexander Hunter for The Washington Times

    RAHN: Making money disappear

    The major world governments are in the process of destroying the value of the money their citizens hold. On Nov. 16, the Cato Institute held its annual monetary conference. Speakers included high-ranking officials from the Federal Reserve and monetary experts from the academy, think thanks and financial institutions. There was unanimous agreement that the world monetary system is in deep trouble, which is obvious to anyone who keeps up with the news. It is easier to observe the problem than to come up with a solution.

  • Illustration: William Niskansen by Greg Groesch for The Washington Times

    RAHN: William Niskanen, wise and principled

    If only we had followed his recommendations, the United States and the rest of the world would not be in the present mess. On Oct. 26, the world lost one of its wisest, most competent and principled economists, William Niskanen. Bill did his undergraduate work at Harvard and earned a doctorate from the University of Chicago, where he studied under Milton Friedman. He then taught at a couple of leading universities, was a high-level official at the Office of Management and Budget and the Defense Department, served as chief economist of the Ford Motor Co., was a member and, ultimately, head of President Reagan's Council of Economic Advisers and finally, served for more than two decades as the chairman of the Cato Institute.

  • GRISWOLD: E-Verify threatens American jobs and liberties

    If you are an unemployed American, Rep. Lamar Smith of Texas has a job waiting for you. We only need to find and deport the 7 million unauthorized immigrants who are now mowing lawns, scrubbing toilets, frying hamburgers, plucking chickens, slaughtering cattle and picking onions and lettuce across America.

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