EconomyNews
Federal employees will not necessarily feel the effects for weeks after the partial government shutdown went into effect Saturday, according to the Office of Management… Read More
EconomyNews
Republican North Carolina Rep. Mark Meadows said President Donald Trump will not budge on the $5 billion requested for a border wall Wednesday, as the… Read More
EconomyCommentary
EconomyCommentary
Discussion of the year-end continuing resolution, or spending deal, has hinged on two topics: whether additional funding will be provided for border security, and whether… Read More
EconomyCommentary
The holiday season is a good time to reflect on what took place over the last year—to reflect on victories, defeats, and to consider whether… Read More
EconomyCommentary
The Roman philosopher Seneca wrote that “every new beginning comes from some other beginning’s end.” As Washington anticipates the start of the 116th Congress on… Read More
EconomyCommentary
“Government shutdown.” Probably no two words strike more fear in the hearts of Washington politicians. The fact that another shutdown is imminent is a sign… Read More
EconomyNews
The five jurisdictions with the highest median income are all suburbs of the nation’s capital, according to numbers released by the United States Census Bureau… Read More
EconomyCommentary
Asawin Suebsaeng and Lachlan Markay have a piece in the Daily Beast citing an anonymous source that claims President Donald Trump is unconcerned with the national… Read More
EconomyCommentary
The Senate’s 2019 budget contains an across-the-board salary hike of about 1.9 percent for all federal employees. That is not good news. Though modest and deficit-neutral—the… Read More
EconomyCommentary
Congress should be using the lame-duck session to do meaningful work. Unfortunately, it’s doing the opposite: seeking to cut its future workload while leaving long-term… Read More
EconomyCommentary
President Donald Trump went bold last month when he directed Cabinet members to cut spending by 5 percent for their upcoming annual budgets. This comes… Read More
EconomyCommentary
When it comes to our nation’s spending, most politicians are only interested in the time between now and the next election. Because of this, we… Read More
EconomyCommentary
Bernie Sanders, I-Vt., who sits as the ranking member on the Senate Budget Committee, recently released a report blaming the entirety of the federal government’s… Read More
EconomyCommentary
When recently asked about the soaring national debt, Senate Majority Leader Mitch McConnell, R-Ky., blamed entitlement spending and Congress’ lack of interest in taking up entitlement… Read More
EconomyNews
With the federal budget deficit reaching $779 billion, President Donald Trump is asking Cabinet members to cut spending in their departments by 5 percent next… Read More
EconomyCommentary
The federal government’s fiscal year 2018 is over. In some ways, it was a banner year: economic growth quickened, average paychecks fattened, and there were… Read More
EconomyCommentary
For most Americans, $351 million is serious money. The median worker earns $45,708 per year, which means it would take 7,679 average earners to reach… Read More
EconomyNews
Conservative lawmakers say they are disappointed with a lack of conservative priorities in a new spending package, some saying it goes against stipulations President Donald… Read More
EconomyCommentary
Congress is up to its old tricks again, trying to pass another massive spending bill that uses gimmicks and tricks to push deficit spending even… Read More
EconomyCommentary
Over the next several weeks, Heritage Foundation experts will publish short articles on the budget and federal spending. The next 12 months are a critical… Read More
EconomyCommentary
With the new fiscal year just two weeks away, lawmakers are about to vote on an $855 billion package, combining appropriations for the departments of… Read More
EconomyCommentary
When Americans buy plane tickets, they shop around to find the deal that best suits their needs and save a lot of time and money… Read More
EconomyCommentary
A congressional select committee on reforming the budget process recently held another public hearing, supposedly with the ultimate aim of designing a more transparent, accountable, and… Read More
EconomyCommentary
EconomyCommentary
It shouldn’t surprise anyone that Congress is once again looking for more ways to avoid responsibility. On Wednesday, June 27, the Joint Select Committee on… Read More
EconomyCommentary
The Republican Study Committee, a conservative caucus of 158 Republicans in the U.S. House of Representatives, releases an annual budget called “A Framework for United… Read More
EconomyCommentary
More than $21 trillion in debt, it looks like Washington has forgotten some basic economics. Peacetime and a strong economy are universally agreed upon criteria… Read More
EconomyCommentary
The Congressional Budget Office’s latest long-term budget outlook, released this week, shows that the nation is still on an unsustainable budget path, with no improvement… Read More
EconomyCommentary
The House Budget Committee last Thursday approved a budget resolution for fiscal 2019. The House budget, dubbed “A Brighter American Future,” would achieve balance in… Read More
