The Competitive Enterprise Institute will score the Senate votes on jobless benefits. A final vote on the bill is scheduled for Monday. But if Congress wants to actually help people get back to work, it should champion policies that remove all the red tape from job creation and economic growth. Extending jobless benefits beyond the norm of 26 weeks is a disservice to America’s economy. > Read the USAToday commentary
Wind Energy Boondoggle Gets Another Shot at Tax Subsidy
The Senate Finance Committee plans to mark-up legislation that includes a provision extending tax credits for certain special interests, including the wind energy production tax credit (PTC). Senator Chuck Grassley (R-Iowa) offered an amendment to add the wind PTC, which expired at the end of 2013. The tax credit amounts to a subsidy for well-connected government cronies to produce a product that cannot compete in the energy marketplace on either price or reliability. > Read more
Globalwarming.org: Will Climate Change Devastate U.S. Corn Yields?
Perhaps to appease political-correctness, a new study on corn yields begins with a warning that “past advances” in agriculture are “threatened by climate change,” and the authors say their research is significant because it provides benchmark data for “more reliable projections of climate impact on crop yields.”
Clearly, though, the finding is also significant for another reason. It doesn’t fit into the fear narrative promoted by the recently-released IPCC Working Group II (WG2) report on climate impacts.> Read more