NCPA Media: NCPA in the News
Dec 26, 2003
Despite all the controversy about the new Medicare prescription-drug benefit, the law signed by the president this month contains a gem of an idea that should command support across the political spectrum. Beginning Jan. 1, 250 million nonelderly Americans will acquire the right to have a tax-free Health Savings Account.
Nov 10, 2003
The flat tax is making a comeback. Though banished to the political wilderness after Steve Forbes made it the central issue of his losing 1996 bid for the Republican presidential nomination, interest in the flat tax is perking up again. One of the Democrats running for president could do himself (or herself) a lot of good by picking it up.
Nov 09, 2003
National defense is a core function of and a primary justification for national government. An implicit contract exists among a nation's people, its government and its military. The government promises to provide its people and their interests with the best defense possible. It promises to provide the military with the best training and armaments available.
Nov 02, 2003
Thought the Kyoto Protocol to curb global warming was dead? Think again. At least that's what Sens. John McCain, Arizona Republican, and Joseph Lieberman, Connecticut Democrat, were hoping. In what many thought was a Halloween trick, the two senators tried to bring Kyoto back from the dead with a bill - the "Climate Stewardship Act" - that sought to unilaterally impose many of Kyoto 's restrictions. This despite the fact Kyoto had already experienced three strikes. Let's call this 55-43 defeat strike four.
Nov 01, 2003
The Great Depression remains the central economic event in American history. Even today, politicians invoke its memory. For example, Democrats routinely accuse George W. Bush of having economic policies like those of Herbert Hoover, on whose watch the Depression began. Given its horrendous effects, accusing anyone of threatening a replay is about as nasty a charge as can be made in politics.
Oct 27, 2003
With negotiations between House and Senate conferees winding down, the details of the new National Energy Policy are becoming clear. Among the points of negotiation was a crucial question, critical to continued U.S. economic progress. Where will the United States get future natural gas supplies?
Oct 22, 2003
Of all the tax cuts enacted during the Bush administration, none has been more controversial than repeal of the estate tax. Even though it represents only a very small part of the total revenue loss from the 2001 and 2003 tax bills - and isn't really repealed, anyway, since it comes back in 2011 after disappearing for just one year - left-wing activists have focused inordinate attention on the estate tax. They are still hoping to prevent its permanent repeal and are working overtime to fight the effort in Congress.
Oct 20, 2003
Despite improving economic and budgetary news, there is rising pressure to do something about the budget deficit. I expect this pressure to grow rapidly over the next year. By early 2005, I believe such pressure will be irresistible. It's not too soon to start thing about where this could lead.