opportunity for all

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OPPORTUNITY FOR ALL FAVORITISM TO NONE

2015

The Heritage Foundation & Heritage Action for America

Copyright © 2015 The Heritage Foundation & Heritage Action for America All rights reserved.

OPPORTUNITY FOR ALL FAVORITISM TO NONE TABLE OF CONTENTS FOREWORD Jim DeMint...............................................................................................................................

3

Introduction Michael A. Needham................................................................................................................

7

Restoring Opportunity in the Labor Market James Sherk..........................................................................................................................

15

Free Market Energy Solutions Nicolas D. Loris.....................................................................................................................

35

Federalism and Education: Pre-K-12 Lindsey M. Burke..................................................................................................................

51

Beyond Student Loans and Grants: Changing the Game on Higher Education Lindsey M. Burke..................................................................................................................

65

A Fresh Start for Health Care Reform Edmund F. Haislmaier, Robert E. Moffit, Nina Owcharenko, and Alyene Senger...........

77

Regulation: Killing Opportunity James L. Gattuso and Diane Katz........................................................................................

97

Ending Too-Big-to-Fail Norbert Michel....................................................................................................................

109

Welfare Reform Robert Rector and Rachel Sheffield....................................................................................

123

E liminating Waste and Controlling Government Spending Romina Boccia....................................................................................................................

137

How Tax Reform Would Help American Families Curtis S. Dubay...................................................................................................................

151

I ndivisible: Life, Marriage, Religious Liberty, and Prosperity Ryan T. Anderson and Sarah Torre...................................................................................

161

A New Foreign Policy Agenda Kim R. Holmes and William Inboden................................................................................

175

FOREWORD Jim DeMint

I

t is widely acknowledged among Americans of all political backgrounds that there exists—and has existed for some time—a corruption of the public and private sectors which touches nearly every aspect of law and regulation, serving to enrich the well-connected and immunize them from the consequences of their actions. The only disagreement is where the fault lies. There are those who rail against the favored status of Big Business, and there are those who despise the suffocating grip of the special interests—from green energy to Big Labor—rendered protected classes by Big Government. Both sides have legitimate grievances. In fact, it is the collusion between Big Government and the other Bigs which insulates the powerful and enriches the wealthy, while squeezing regular people out of the American dream. For decades, each new scandal of private sector malfeasance has been met with demands for increased oversight by government. In many cases, these demands are actually made by the leading banks, manufacturers, exporters, and technology giants themselves; they assist Washington in cra