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The U.S. economy continues its Barack Obama Administration-long hobbled limp. President Obama will be our nations first tonever, ever have even one year of 3% or higher Gross Domestic Product (GDP) growth.

In this episode of the weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway talks with Mercatus Center senior research fellow Veronique de Rugy about the “Overtime Rule,” a regulation passed down by the U.S. Department of Labor revising federal overtime provisions contained in the Fair Labor Standards Act (FLSA).

The surest evidence that President Barack Obama’s environmental policies have gone too far comes from the federal courts, which in the past five months have struck down or limited several of his executive orders and regulations.

Twenty-nine states, more than half the stars on the American flag, have filed lawsuits against the U.S. Environmental Protection Agency for redefining the “Waters of the United States,” or WOTUS, erasing “navigable” and usurping states’ rights by including local seasonal streams, farm irrigation ponds, roadside ditches, and even “connective” dry lands placed under authority of the Clean Water Act.

Watching the FCC attempt to construct net neutrality regulations to lord over the Internet is a bit like watching a child build a sand castle and declare himself king of the beach. Neither has really created a kingdom, but at least the latter is cute.

Senators McCain and Blumenthal are co-sponsoring a misnamed piece of legislation, the Television Consumer Freedom Act of 2013, which aims to curb expensive cable bundles.