Budget Conference Spending Cuts: Start with Amtrak Subsidies
A good place for budget conferees to start cutting federal spending would be at Amtrak, the federally subsidized passenger rail service, with its $72 million… Read More
Top 1 Percent Pays Effective Tax Rate Nearly Three Times That of Middle Class
New data from the Congressional Budget Office (CBO) show that President Obama’s much-discussed Buffett Rule, which would require families earning more than $1 million a… Read More
The More You Buy, the More You Save
‘Tis the season for sales. But beware of this enticing line: “The more you buy, the more you save!” Because, when the bill comes, the… Read More
Heritage Expert Analysis on the Ryan–Murray Budget Deal
Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) forged a budget deal without even trying to address the key drivers of spending and debt… Read More
Conservatives Express Disdain for Budget Deal That Kicks Spending Cuts Years Down the Road
House conservatives expressed disagreement and disappointment with the Senate-House budget deal at today’s “Conversations with Conservatives” hosted by The Foundry on Capitol Hill. The deal,… Read More
What Do Some Conservatives Think of the Ryan-Murray Budget? Top Tweets
Conservative Members of Congress gathered Wednesday to talk with national press and bloggers about the Ryan-Murray budget and Obamacare, amongst other issues. Missed out on… Read More
Did Argentina’s Lack of Economic Freedom Influence the Views of Pope Francis?
Next month, The Heritage Foundation will send a brand-new copy of the 2014 Index of Economic Freedom to the Vatican in hopes that Pope Francis… Read More
Why We Need to Reform the Budget Process
In a new paper, “Why Congress Needs a New Budget Process,” Heritage’s Patrick Louis Knudsen documents the historical breakdown of the budget process and exposes… Read More
3 Things You Need to Know About the Congressional Budget Deal
Many had high hopes that the first budget conference in four years would make a substantial down payment toward fixing the U.S. spending and debt… Read More
Conversations with Conservatives on Budget Deal, Obamacare (Video)
Lawmakers on Capitol Hill are wrapping up work on a range of issues before closing the books on 2013. Tomorrow, you can get the scoop… Read More
We Are Drilling, Baby! U.S. Passing Saudi Arabia in Oil Production
What do you know—“Drill, baby, drill” is working. Thanks to new smart-drilling and production technologies (including hydraulic fracturing), the U.S. is the leading liquid fuels… Read More
Pope Francis and America’s Obligations to the Poor
Americans are a generous and conscientious people, concerned with making sure that no one falls through the cracks and that everyone is given a fair… Read More
Lack of Resources Is Not the Reason for SEC Tardiness
During a recent House Financial Services Committee mark-up, a number of members complained that the Securities and Exchange Commission (SEC) was “slow walking” the regulations… Read More
An Unlimited Christmas Credit Card
What if you had no spending limits this holiday season? You could take that dream ski vacation you’ve always wanted…and buy all new ski gear… Read More
8 Things to Watch for in the Farm Bill
The House and Senate are working out differences between their farm bills. The following is a list of major questions to consider if the negotiators… Read More
State Department Waste: Booze, Crystal, and a Million-Dollar Stack of Rocks
On the eve of the government shutdown, the State Department was consumed with a very different budget crisis of its own: purchasing vast amounts of… Read More
What Obama Got Right and What He Got Wrong on Economic Mobility
When it comes to economic mobility, the President often starts out by making some statements that Republicans and Democrats have always agreed on, such as:… Read More
Congress Wants to Tax Your Christmas Tree
Christmas trees are pretty unpopular, right? The House must think so, since its farm bill would pave the way to set up a Christmas Tree… Read More
Farm Bill: Money for Nothin’… I Want My Subsidy
The four principal farm bill negotiators have tentatively agreed on a framework for a new farm bill. A central aspect of this framework would be… Read More
EPA Science Advisers Raise Concerns over Climate Regulations
The Environmental Protection Agency’s (EPA) planned greenhouse gas regulations for both new and existing power plants would effectively act as a bureaucratically managed cap-and-trade plan… Read More
Farm Bill Giveaways for Underwear, Flatulence, and Manure
The House and Senate are struggling to negotiate terms of a new $1 trillion “farm” bill that would subsidize an array of commodities as well… Read More
We Bet You Haven’t Heard This About Obamacare
Another push is underway to raise the minimum wage. But what you probably haven’t heard is that Obamacare has already done that. The plan on… Read More
Proposed Cuts Would Barely Dent Massive Growth of Food Stamps
Food stamp spending is at historic highs—it has doubled twice since 2000. Now some on Capitol Hill say the House is trying to make major… Read More
Parenting 101: Doling Out Farm Bill Subsidies to the “Kids”?
The House and Senate farm bills would repeal the costly and indefensible direct payment program, which sends taxpayer dollars to people who don’t even plant… Read More
No Room for Spending Cuts? How About Government Employee Trips to the Caribbean?
If government employees can enjoy a stay in a luxury hotel made famous on The Bachelor, then surely Congress could find somewhere to make spending… Read More
Farm Bill Extension Would Be Better Than $1 Trillion Food Stamp/Subsidy Disaster
Congress doesn’t have much time to work out a food stamp/farm bill this year. If no farm bill is passed, this wouldn’t be the end… Read More
Green Light for Detroit Bankruptcy: Time for Unions to Come to the Table
Federal Judge Steven Rhodes’s ruling to allow the City of Detroit to proceed with its bankruptcy filing is a welcome—even momentous—occasion for Detroit. It means… Read More
Holding Back Progress Is a Fool’s Errand: Drones Are Coming
Amazon founder Jeff Bezos started a maelstrom after a surprise announcement on television Sunday evening that Amazon would “soon” begin to use drones to deliver… Read More
Congress Has Already Raised the Minimum Wage Above $10
Congress will soon vote on raising the federal minimum wage to over $10 per hour. Few realize that, from the perspective of many employers, the… Read More
Tea Party Supporters Should Continue to Back Free Trade
Recent media reports have questioned whether “Tea Party” members support free trade. Historically, the record is clear: Tea partiers were America’s original free traders. In… Read More
