PoliticsCommentary
The Budget Battle: What You Need to Know
Federal funding for most government agencies and departments expires on Sept. 30. Lawmakers have just a few working days left to avert a government shutdown…. Read More
EconomyNews
Why Conservatives Object to Leadership’s Latest Tactic for Ending Planned Parenthood’s Federal Funding
Conservatives are pushing back against a Republican leader’s plan to use a budget tool known as reconciliation to strip Planned Parenthood of its federal funding…. Read More
EconomyCommentary
Puerto Rico’s Warning to the Mainland: Stop Kicking the Can Down the Road
The findings of Puerto Rico’s Fiscal and Economic Recovery Working Group should serve as a warning sign to the U.S. Government that putting off economic… Read More
EconomyCommentary
Puerto Rico’s Pathway Forward Without Bankruptcy
After Puerto Rico Governor Alejandro Garcia Padilla announced in June that the island cannot pay its $72 billion debt, there has been an effort to… Read More
EconomyCommentary
Puerto Rico’s Default Is Just the Beginning
The Puerto Rican government failed this week to make a $58 million payment of principal and interest on a specific outstanding debt that lacks strong… Read More
PoliticsNews
Why Congress Could Face a Government Shutdown This Fall
The House and Senate are set to leave Washington, D.C., for a month-long summer break. But they are leaving behind unfinished business. When lawmakers return in September,… Read More
EconomyCommentary
As the Ratio of Retirees to Workers Narrows, National Debt Will Skyrocket
Have you heard your member of Congress say much about what he or she would do to control the national debt lately? If you’re like… Read More
EconomyCommentary
CBO’s Long Term Outlook Sees Smaller GDP Growth and Lower Interest Rates
The Congressional Budget Office released its annual 2015 Long Term Budget Outlook today, including the economic assumptions on which that outlook relies. Setting aside the… Read More
EconomyCommentary
What Will Drive Illinois to Ask Washington for a Bailout
Earlier this month the Illinois Supreme Court overturned a state law that would help fix the state’s notorious pension crisis. What a tragedy for the state’s… Read More
InternationalNews
$5.7 Million Government Program Prompts Bipartisan Disdain
Reps. Tom Graves and Debbie Wasserman Schultz don’t agree on much, but the conservative and liberal lawmakers do share one goal when it comes to… Read More
EconomyCommentary
The Dirty Secret of How Washington ‘Balances’ the Budget
For the first time in more than five years, Congress has passed a budget plan. The plan would balance the budget by 2024—but only if… Read More
EconomyCommentary
The Truth About GOP Budgets: They Never Balance
In Washington, the conservative thing to do these days is to champion a balanced budget. Quite recently, in fact, Republicans have congratulated themselves for passing… Read More
EconomyCommentary
Key Facts About Congress’s Budget, Which Will Repeal Obamacare Through Reconciliation
House and Senate negotiators reached a conference agreement on the fiscal year 2016 budget which is expected to be voted on in the House this… Read More
EconomyCommentary
What the Budget Conference Should Accomplish
This week, House and Senate negotiators are expected to pass their budget plan. After the House and Senate passed their respective budget blueprints in March,… Read More
EconomyAnalysis
What You Need to Know About the Budget in 30 Seconds
The deadline for Congress to finish work on the federal budget is April 15, but will lawmakers manage to hammer out a deal in time?… Read More
PoliticsNews
Senate’s 2016 White House Hopefuls Use Budget to Message Voters
The first budget resolution to clear the Senate in four years exposed a divide between four lawmakers who look to be rivals for the Republican… Read More
EconomyCommentary
What Exactly Congress Is Spending Your Dollars On
Let’s say you were a financial adviser, and a family came to you with the following situation. They make the median family income in the United States—$52,000. But… Read More
EconomyCommentary
The 2016 Senate Budget Vote-a-rama Begins!
This morning the Senate concluded debate on the budget resolution and started off on an unofficial procedure known as “vote-a-rama,” a fast-track budget process of… Read More
EconomyCommentary
Budget Resolutions Need More Transparency
It’s a big week for the new GOP-controlled Congress. Unlike the past when Congress was divided, this year there is no one to blame if… Read More
EconomyCommentary
How Republicans Could Use Budget Maneuver to Repeal Obamacare
As the budget season heats up, congressional Republicans are focused on two key issues: how much defense spending should be and whether to use a… Read More
EconomyCommentary
The $7.2 Trillion Difference Between Obama’s Budget and House GOP Budget
Sometimes in Washington it seems as George Wallace used to grouse: “There ain’t a dime’s worth of difference between the two parties.” Well when it… Read More
EconomyCommentary
How Much a Family Would Spend If They Were Like the Government
American families understand that adhering to a budget is relatively simple: Don’t spend more than you take in, and don’t borrow more than you can… Read More
EconomyCommentary
Cartoon: Washington’s Idea of ‘Budgeting’
Interested in learning more about the budget? Check out The Heritage Foundation’s analyses of the Republican House and Senate budgets—and whether Republicans were willing to… Read More
EconomyCommentary
Federal Spending Per Household Has More Than Doubled Since 1962
Just how large has government grown over the past couple decades? To answer that, take a look at the increase in the amount the government… Read More
EconomyCommentary
How Does the Senate Budget Measure Up?
Following the House budget which was released Tuesday, the Senate Budget Committee released its fiscal year 2016 budget blueprint today. Any good budget should balance within… Read More
EconomyNews
Republicans in House, Senate Split on How to Boost Defense Spending
Republicans in the House and Senate unveiled their separate budget proposals this week, kicking off debate over the federal government’s spending for fiscal year 2016…. Read More
EconomyNews
House Conservatives Cite Obamacare Repeal as ‘Motivating Reason’ for Supporting GOP Budget
As budget negotiations begin this week, conservatives in the House of Representatives say they will only support a fiscal blueprint that allows for a full… Read More
EconomyCommentary
How Does the House Budget Measure Up?
Today the House Budget Committee released its fiscal year 2016 budget blueprint. Any good budget should balance within 10 years or less, without raising taxes… Read More
EconomyAnalysis
The Breakdown of Where Your Tax Dollars Go
Tax dollars paid for about 85 cents of every dollar spent in 2014—the rest was borrowed. Where did all that money go? Your 2014 tax… Read More
EconomyAnalysis
How Much Will Each American’s Share of the National Debt Grow to Be?
Today, on March 16, the debt limit returned at $18.1 trillion in total national debt. The largest share of this debt—$13 trillion—comes out to $41,000… Read More
