The Week’s New Laws
Posted by Jim Harper
With Congress continuing its spring break next week, let’s pause to look at the new laws President Obama signed last week, some consequential, some not. Public Law 112-103 is called “the HALE Scouts Act.” It conveys approximately 140 acres of land in the Ouachita National Forest in Oklahoma to the Indian Nations Council, Inc., of [...]
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To Let Surviving Spouses Stay
Posted by Jim Harper
On Sunday, 60 Minutes replayed a story about immigrants who have married American citizens, but whose spouses have died before the interview to prove their marriage to the Department of Homeland Security. In some cases, mothers of citizen children are at risk of deportation – and either taking their children to a strange country or [...]
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Did Your Representative Cause the Financial Crisis?
Posted by Jim Harper
In 2000, Congress passed a law barring states from regulating credit default swaps under their gambling and “bucket shop” laws. This set the stage for the market in “financial derivatives” that are a big part of what is causing the economic meltdown today. One hundred fifty-five of the Members of Congress who voted for this [...]
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Should We Make Cents?
Posted by Jim Harper
60 Minutes re-ran a piece tonight on whether the U.S. Mint should make pennies and nickels. The two coins currently cost more to produce than they’re worth. As you might expect, bills are pending in Congress to address the country’s coinage. S. 1986 and H.R. 3330 are both called the Coinage Materials Modernization Act of [...]
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