Sr. Fellow John C. Goodman, author of Priceless: Curing the Healthcare Crisis, testified before the House Oversight and Government Reform Committee regarding risk corridorsthe Obamacare program that provides a bailout for insurance companies when premiums dont cover costs. Goodman says insurers will run away from the sick and insure the healthy, in what he calls "A race to the bottom."
What will the economy be like in the New Year? Sr. Fellow Benjamin Powell appears on Fox Business Network's "The Independents" show to give his impressions of the deficit, bureaucracies, and economic recovery. Powell talks about long term trends and says Big Government policies are effecting the outlook and the "New Normal" in the economy.
In a cold war of words, President Barack Obama told Russian President Vladimir Putin he wouldnt attend a Moscow summit in September. Research Fellow Anthony Gregory compares the two leaders record on human rights and asks why they would even meet in the first place.