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Economy Archive

The Cures to Freshman Office Headaches | Commentary

Freshman lawmakers come to Washington with a full head of steam, armed with the belief they can change the world. They have grand photo opportunities in January on swearing-in day, surrounded by family and burdened with the great expectations of their supporters.

Science Is Best Hope to Feed the World Safely and Affordably | Commentary

Science, innovation, safety and affordability. Who could oppose United States food policy based on these core principles? Unfortunately, this idea has become unnecessarily controversial in agriculture. The unmerited fear of genetically modified organism crops threatens scientific advancements in biotechnology needed to meet the growing global demand for safe and affordable food. The Safe and Affordable Food Labeling Act aims to address unnecessary impediments to feeding the world.

Helping Restaurants Serve Up Jobs | Commentary

When it comes to the universality of food, the late Luciano Pavarotti perhaps put it best: “One of the very nicest things about life is the way we must regularly stop whatever it is we are doing and devote our attention to eating.”

Reviving the Lost Art of Bipartisanship | Commentary

Political wrangling in Washington is as old as the Republic itself, and partisan battles over ideas and power will surely be with us long into the future. But the current era of hyper-partisanship has frequently paralyzed congressional decision-making and led both Republicans and Democrats to fail the most basic tests of governance.

Country of Origin Labeling: All Cost, No Benefit | Commentary

The World Trade Organization ruled against the U.S. for the fourth and final time in an ongoing dispute between the United States, Canada and Mexico regarding the U.S. country of origin labeling (COOL) program. Retaliation by Canada and Mexico will soon become a reality, meaning economically devastating tariffs on a broad spectrum of U.S. exports, from meat and fruit to jewelry, furniture and biofuels. Ripple effects will be felt in nearly every industry, every state and every consumer’s wallet. This is why COOL for beef, pork and chicken — nothing more than a failed government experiment— must be repealed.

Bridging the Innovation Valley of Death | Commentary

Is Wall Street’s influence in corporate boardrooms killing America’s innovation future? There’s a good case to be made that it is, and that it’s getting worse. But Congress can do something about it when it rewrites the tax code.

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Senate Democrats Put Conditions on Fast-Track Vote

Senate Democrats threatened to block Majority Leader Mitch McConnell’s efforts to start debate on a contentious Trade Promotion Authority bill unless the Kentucky Republican guarantees that a customs bill with currency manipulation provisions gets a vote.

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Republican Lawmakers Urge Court to Block Immigration Expansion

More than 100 Republican members of Congress urged a federal appeals court Monday to block the Obama administration’s sweeping new immigration policies such as deferred deportations.

D.C. Deserves Respect, Not Congressional Rebuke | Commentary

Religious liberty is, arguably, our most precious American value. We should vehemently protect this freedom when it is threatened.

Grimm's N.Y. District Stays in Republican Hands

Staten Island District Attorney Dan Donovan easily won Tuesday’s special election in New York's 11th Congressional District to replace Michael G. Grimm, who resigned in January after pleading guilty to tax evasion.

FCC: Don't Forget About the Americans With Disabilities Act | Commentary

This year marks the 25th anniversary of the Americans with Disabilities Act. This landmark law, authored by Sen. Tom Harkin and signed by President George Bush, sets the United States apart from the rest of the world. No other nation provides the protections and accommodations for people with disabilities that the United States does. This is something for which every American can be proud.

The Best and Worst of Constituent Meetings With Lawmakers (and Staff)

It’s spring, which means Congress is in store for two types of “invasions”: the parade of Hollywood types for the annual correspondent dinners and thousands of constituents as part of organized fly-ins or lobby days. The first is splayed on the front pages, all glamorous with gowns, tuxedos and red carpets. The second is the invisible drudgery that is composed of the big part of America’s democratic dialogue. Reality is rarely seen in “House of Cards,” rather, it’s hidden in the thousands of meetings on Capitol Hill involving tens of thousands of constituents. It’s not hidden because of any nefarious conspiracy — it’s just kind of boring, not the stuff of the evening news or a blogger’s interest.

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Online Sales Tax a Live-Wire Issue for Congress

Jason Chaffetz, the Utah Republican who chairs the House Oversight and Government Reform Committee, has assembled a bipartisan rump group around a proposal to empower states to collect sales taxes from online sellers outside their borders. At the same time, a loose coalition of retailers, state officials and allied groups is trying to rally support for the plan in both chambers of Congress.

Japan Taps Lobbyists to Bolster U.S. Ties

The government of Japan knows its way around K Street.

In Comcast's Failed Merger, a Victory for Al Franken

Lawmakers use congressional hearings and letters to wield influence over corporate mergers - and that was  certainly the case with Sen. Al Franken and the now-failed Comcast-Time Warner Cable deal.

Songwriters Shouldn't Have to Subsidize the Billion-Dollar Streaming Industry | Commentary

The music streaming business has got a lot of attention in the past few weeks with the introduction of new players such as Tidal — a company that puts artists in control of the valuation of their music, and not at the mercy of the streaming giants.

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GOP Leaders Tap K Street, Wall Street Cash

The top three GOP leaders in the House collectively raised $7.3 million in the first three months of this year for joint fundraising committees, a type of campaign account that may collect contributions of six figures or more under new rules.

Fracking: Good Science Vs. Science Fiction | Commentary

The United States is now the world’s largest oil and natural gas producer, having recently overtaken both Saudi Arabia and Russia. Two decades ago, no one would have believed it. The practice of hydraulic fracturing, or fracking, has fueled this energy boom. Fracking has unlocked vast amounts of what used to be considered economically inaccessible oil and gas. Increased domestic energy production has benefited the environment, the economy and hardworking families who now enjoy reduced energy prices.

Vote Study Shows Obama Gets His Way in GOP-Controlled Senate

Republicans took the Senate in 2014 by stressing the data that CQ Roll Call’s presidential support vote study revealed: Democrats in red states were sticking close to President Barack Obama. So here’s a surprise: the new GOP majority in 2015 is voting Obama’s way as often as they ever have.

Congress Should Launch Bipartisan Investigation of 'Short-Sale' Market | Commentary

During his Oscar-nominated cameo in “A History of Violence,” William Hurt declares ominously to the brother he is about to have murdered, “You cost me ... you cost me a helluva lot!” In a much broader sense, and in the real world, the rise of the Regulatory State has cost us a lot; a helluva lot, if you will — in excess of $2 trillion annually, as estimated by Forbes.

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