Obama and Holder's assault on due process.

We're serving up a new gratitude this Thanksgiving.

Bill Donohue of the Catholic League claims in a press release that President Obama has double-crossed the Catholic bishops on the matter of abortion funding in the health care bill. “The Senate has just completed its version, and it contains nothing like the language of the [anti-abortion] Stupak amendment” in the House bill, notes Donohue.

Increasing transparency at the Federal Reserve is critical given the breadth of the Fed’s recent activities, but many of these activities involve private parties. Congress should consider that private firms will be disinclined to deal with the Fed if they lack adequate assurances that confidential information will remain confidential. Tasking the GAO to perform a comprehensive audit of the Fed would create new dangers, as the GAO, being a creature of Congress, could not provide the necessary assurances. It could also ultimately diminish the independence of the Fed and therefore degrade the Fed’s ability to fight inflation. A better approach is to rely on the Fed's Office of Inspector General to carry out the audit and to create a new entity in Congress to receive any confidential information associated with...

The U.S. Senate recently released its long-awaited proposal for a government-run hostile takeover of the entire U.S. health care system. Predictably, it includes a barrage of higher taxes to pay for the bill's immense price tag. An important addition to the list of tax hikes included in the Senate bill was an increase in the Medicare portion of the payroll tax. The current Medicare tax is 2.9 percent, paid half each by workers and employers. The proposal in the Senate bill raises this to 3.4 percent for workers making more than $200,000 a year ($250,000 for joint filers). Under a...