TOP POLICY STORIES
Chevy Volt Costing Taxpayers $250,000 Per Car , James M. Taylor, The Heartland Institute
Despite $700 million in development costs and taxpayer subsidies of $250,000 per vehicle, Chevrolet is selling very few Chevy Volts, Seton Motley of News Busters reports in an eye-opening column.
The federal government and various state governments repeatedly bill taxpayers for a litany of “can’t miss” automobile technologies that repeatedly end in failure. Remember California’s hydrogen highway? How about the Bush administration’s own wasted investments in unrealistic hydrogen technologies? Taxpayer dollars pour into hybrid vehicles that rarely save enough money in fuel costs to justify their additional expense (let alone their additional environmental damage).
Now we have the Chevy Volt as the latest black hole for taxpayer subsidies. (read more)
The Media’s Myth About Replacing Obamacare, Benjamin Domenech, The Heartland Institute
Of all the absurd memes repeated by the policy-bereft media these days, the idea that Republicans have no plan to replace Obamacare is one of the most irritatingly false.
Keep in mind how bizarrely ignorant this claim is by considering this context: It would’ve been as absurd to claim that Democrats had no plan for health care in 2009 because there were bills introduced with key elements differing, and occasionally clashing, with each other – or saying they had no plan in the summer of 2008 because Barack Obama’s plan was only bullet points on a page, not legislation. (read more)
Wireless Tax Fairness Act Moves Forward in Senate, Mathew Glans, The Heartland Institute
Wireless tax rates have reached all-time highs. Almost half the states nationwide now impose a wireless tax above 10 percent (the national average is more than 16.3 percent). Legislative efforts to combat these high tax rates may be taking another step forward. Senator Ron Wyden (D-OR) filed S. 543, ‘The Wireless Tax Fairness Act,’ as an Amendment to S. 2237, the ‘Small Business Jobs and Tax Relief Act.’ The Wireless Tax Fairness Act would put a moratorium on discriminatory state wireless phone and data service tax increases. (read more)
President Obama wants to spend another $1 billion on adding a Master Teacher Corps to the list of 80 federal teacher spending programs.
Michigan’s Senate has delayed switching the state’s pension system to 401(k)-style. Lawmakers say the changes will make the state financially attractive.
The largest evangelical college in the country has joined Catholic institutions in suing the Obama administration to stop its abortifacient mandate. (read more)
Californians Regret Approving High-Speed Rail, Bonner R. Cohen, National Center for Public Policy Research
Opponents of high-speed rail now outnumber supporters by nearly two to one. According to the USC/Los Angeles Times June 2 poll, 59 percent of Californians now oppose high-speed rail, and only 33 percent support it. “California voters have clearly reconsidered their support for high-speed rail,” Dan Schnur, director of the USC/Los Angeles Times Poll and director of the USC Unruh Institute of Politics, said in a USC press release. “They want the chance to vote again—and they want to vote no.” (read more)
Community Bank, Others Challenge Constitutionality of Dodd-Frank Law, Christine Hall, Competitive Enterprise Institute
The State National Bank of Big Spring, Texas, has filed a lawsuit asking the U.S. District Court for the District of Columbia to hear its case challenging the constitutionality of provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The Competitive Enterprise Institute and the 60 Plus Association are have joined the bank as plaintiffs, requesting the Court invalidate the law because of the unprecedented, unchecked power it gives the government. (read more)
Get the latest policy news from The Heartland Institute! Search the world’s most robust policy document database. (here)
Subscribe to iTunes to get the latest podcasts as soon as they are produced! Just search for “Heartland Institute” in the iTunes store.
Your steadfast support of The Heartland Institute, its mission, and free-market ideas helps change public policy and America! We change public policy together.