Billionaire industrialists Charles and David Koch have poured millions of dollars into conservative causes. And then there's the Cato Institute, a libertarian think tank, which they're trying to take over. Many libertarians are furious. But the dispute goes back 20 years.
The Supreme Court moved to take on the heart of the debate over the new health-care law's constitutionality... President Obama used humor to downplay a candid remark about missile-defense that was caught on an open mic... The EPA was expected to issue new rules to limit greenhouse gases from new power plants.
Libertarians say it's like watching dear friends in an ugly divorce, as the billionaire Koch brothers try to take control of the highly regarded Cato Institute. The head of Cato says the Kochs are out to politicize the think tank.
Lawmakers in the House are expected to vote on a jobs act Tuesday. Part of the legislation would allow the public to make investments in start-up companies and small businesses. These companies could raise money online or through social networks. The bill would lift SEC regulations that restrict soliciting investors.
While the Supreme Court considers the legality of requiring individuals to purchase health insurance, others are questioning the economics of the mandate. Some worry that, even with government subsidies, it may be difficult to find the funds to pay for health insurance.
The health care overhaul law requires everybody to buy insurance. Critics see that as the ultimate threat to individual liberty. On day two of the health care hearings, the most conservative Supreme Court in decades takes up the question: Did Congress go too far?
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