Romina Boccia focuses on federal spending and the national debt as director of the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation. Read her research.
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Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just… Read More
The end of 2012 was marked by lawmakers engaging in a distracting fiscal cliff debate over tax rates when the solution to the real fiscal… Read More
Many are proposing that tax rates for upper-income earners go back to their levels during the Clinton Administration. What you don’t hear is how we… Read More
Even with the President’s desired tax hikes, publicly held debt would rise by $7.7 trillion in 10 years under the President’s budget. That’s right: Our… Read More
“Would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?” When asked this question by Today’s Matt Lauer, Warren… Read More
In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from… Read More
A blackout occurred in the wake of Hurricane Sandy, as more than 8 million people in the northeast were left without power. Millions could remain… Read More
President Obama’s recycled economic plan sorely lacks the much-needed reforms to make Social Security work better for women. The program needs to do a better… Read More
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Much has been discussed on the “war on women” this presidential debate season, and yet we haven’t heard much about those rules made in Washington… Read More
The second presidential debate was full of claims about the economy, taxes, and regulation. Many of the top 10 true and false claims made during… Read More
Several key questions still remain to be asked of President Obama and Governor Mitt Romney during tonight’s debate. Among them: What would each of them… Read More
Taxes and entitlements were two important domestic policy topics discussed during the debate between Vice President Joe Biden and Representative Paul Ryan. Among the many… Read More
During last night’s presidential debate, claims were flying fast and furious. Some of these claims were true, others false. Here are the top 10—see which… Read More
Social Security paid out more to retirees and other beneficiaries than it collected in tax revenue in 2011. This is the second straight year the… Read More
Last night on the CBS Late Show with David Letterman, President Obama suggested that “we don’t have to worry about [the debt] short term.” Excuse… Read More
Today, the U.S. debt clock hit $16 trillion. Compare that to the end of 2008, just days before President Obama officially took office, when the… Read More
Imagine your son or daughter aspiring to be a government crony instead of an engineer or business owner. That nightmare scenario plays out in a… Read More
Budget Sense, a bi-weekly newsletter from The Heritage Foundation, delivers the most recent developments in the struggle to bring America’s fiscal house in order and… Read More
Check out and share our new infographic on the impact of Taxmageddon.
Taxmageddon is approaching closer by the day. Much of the focus has been on the impact Taxmageddon will have on the economy. But just how… Read More
President Obama seems to view budget deadlines as mere suggestions. During his term, Obama has missed all but one deadline to deliver his annual budget… Read More
The discussion over whether to extend federal subsidies for student loans largely hinges on whether the House and Senate come to an agreement over how… Read More
Is it really better for endangered species to vanish from existence than to be hunted? It is for Priscilla Feral, president of Friends of Animals…. Read More
The expiration of the production tax credit (PTC) for wind and other renewable energy sources is the subject of intense debate. Some see the credit… Read More
Yesterday, former President Bill Clinton agreed with the strong message The Heritage Foundation has sent Congress and the President: Prevent Taxmageddon from taking place—and do… Read More
With Spain’s lavish support for renewable energy projects drying out, companies that relied on these government handouts to make a buck are either leaving the… Read More
A congressional hearing on May 16 exposed further details on just the kind of political maneuvering that was going on between the Obama Administration and… Read More
During a speech this week, President Obama presented Congress with a 5-point to-do list, which, as the President proudly proclaimed, would fit on a sticky… Read More
The Medicare trustees report, released this week, reinforced the urgent need to reform the federal health insurance program for seniors. Medicare is on an unsustainable… Read More
April 29 marks the third year that the U.S. Senate has not passed a budget. Now more than ever, it is crucial that Americans understand… Read More
