Time to Stock Up on Incandescent Bulbs Before They Go Out Permanently
If your New Year’s resolution is to change your light bulbs, don’t worry—the federal government’s here to help. Beginning January 1, 2014, the federal government… Read More
All I Want for Christmas Is an On-Demand Uber Ride
Taxi and limousine companies must wish they themselves had thought of Uber, an app-based service that connects drivers with passengers and eliminates the need for… Read More
What Capitalism’s Critics Get Wrong
Attacking capitalism never seems to go out of style. Over the past 100 years, few institutions have been attacked so fiercely, so falsely and so… Read More
What Bitcoin Tells Us About Economic Freedom
Chinese regulators are cracking down on Bitcoin, the anonymous open-source virtual currency. Officials at China’s central bank announced this week that they were banning all… Read More
Bankruptcy Is Better Than a Bailout
Today Senators John Cornyn (R–TX) and Pat Toomey (R–PA) introduced the Taxpayer Protection and Responsible Resolution Act to begin repairing some of the damage caused… Read More
The Fed at 100: Why Do We Have a Central Bank?
The Federal Reserve, the U.S. central bank, is surrounded by as much controversy today as it was at its creation 100 years ago. The Fed… Read More
Baucus Continues Losing Streak with Energy Tax Reform Draft
Chairman of the Senate Finance Committee Max Baucus (D–MT) released a draft bill to reform the way the tax code treats energy. This latest draft… Read More
Union Integrity Act Protects Whistle-Blowers
Last year, four truck drivers talked to federal investigators about safety problems at Gaines Motor Lines. A week later, they were fired. Now the Department… Read More
Revisionist History: Absolving Fannie Mae and Freddie Mac
A newly released book, The Mortgage Wars, aims to rewrite history and absolve Fannie Mae and Freddie Mac of having any part in the financial… Read More
What the Government Got You This Year (in Pictures)
Today, the Senate is set to pass the new U.S. budget deal in all its spend-tastic glory. Lawmakers have hemmed and hawed about making any… Read More
Washington Post: Obama Administration Slowed Red Tape to Avoid 2012 Election Backlash
Last fall, Heritage Foundation analysts noted an eerie silence coming from Obama regulatory agencies. The production of new rules, which until then had been in… Read More
Ecuador: Chevron Trial Illustrates Poor Investment Climate
Press coverage of the just-concluded testimony phase of a racketeering trial in a New York federal court provides an excellent recent illustration of the behind-the-scenes… Read More
The Ryan–Murray Budget Deal: Unnecessary Pain for Americans
The controversial budget deal reached by Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) has been criticized by experts on both sides of the… Read More
Spending Caps Have Worked, but Ryan-Murray Budget Would Lift Them
In terms of cutting government spending, the Budget Control Act’s spending caps and sequestration have been an unparalleled success story in recent years. And yet,… Read More
Why Conservatives Don’t Like the Ryan-Murray Budget Deal
Next week, the Senate will consider the Ryan-Murray budget deal — a spending plan that disappoints conservatives and believers in a limited government that manages… Read More
Raising the Minimum Wage Would Hurt the People It’s Supposed to Help
Hike the minimum wage. For politicians trying to show their concern for those on the lower rungs of the economic ladder, it’s a simple solution…. Read More
Poll: 65 Percent of Americans Think Congress Can Find More Spending Cuts
As the Senate prepares to take up the new House-passed budget that undoes sequester cuts and increases spending, a clear bipartisan majority of American voters—65… Read More
The Budget Deal’s Sneaky Tax Increases
The congressional budget deal includes some “user fees.” For the Washington establishment, that’s apparently the politically correct way of telling Americans they’ll be paying more… Read More
The Volcker Rule: Three Years and Nearly 1,000 Pages Later
Five financial regulatory agencies have completed the final rules to implement the Volcker Rule, a regulation required by the Dodd–Frank bill that is supposed to… Read More
Phones on Airplanes: FCC Moves to Lift Rules
Something unusual is happening at the Federal Communications Commission (FCC). At a meeting earlier this afternoon, the commission—led by Obama-appointed chairman Tom Wheeler—voted to review… Read More
The Budget Deal — and Why We’re $17 Trillion in Debt
Country singer Aaron Tippin’s old hit song “You’ve Got to Stand for Something (or You’ll Fall For Anything)” could be the new theme song for… Read More
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
