EconomyAnalysis
7 Things Congress Should Do in the Budget
For Washington, it’s budget season. President Obama released his budget early last month, and this week it’s Congress’ turn to reveal its own budget resolutions…. Read More
EconomyAnalysis
The Return of the Debt Limit
It’s March 16, 2015, and it is the day the debt limit returns—with a vengeance. Since Congress suspended the debt limit for more than a… Read More
EconomyNews
Republicans Will Unveil Their Budget Next Week. Here’s What You Need to Know.
Budget season on Capitol Hill is quickly approaching, but Republican lawmakers have remained quiet about the details of their fiscal blueprints. Both Senate and House… Read More
EconomyAnalysis
New Report: Over Next Decade, Budget Deficits Will Hit Trillion-Dollar Mark
You’ve probably heard the claim that deficits have been cut in half and are at the smallest level since 2009, implying that the nation has… Read More
EconomyCommentary
‘The Budget Book’ Offers 106 Ways to Cut Spending
Ever heard of the Agriculture Risk Coverage program? How about the Price Loss Coverage program? You’re paying for them. Along with the Conservation Technical Assistance… Read More
EconomyCommentary
106 Budget Cuts Congress Could Make Right Now
It is budget season in Washington and the debate is focused on who wants to increase spending and by how much. But the debate should… Read More
EconomyCommentary
Just Like They Did With the Stimulus, the Obama Administration Is Again Assuming a Rosy Economic Future
It’s true, economic projections are just that—projections. But overly optimistic economic projections, such as those contained in the president’s recently released 2016 budget proposal, can… Read More
EconomyCommentary
Obama’s Budget Hikes Taxes by $1.6 Trillion
President Obama has proposed a fiscal year 2016 budget that raises $3.5 trillion in fiscal year 2016 and $45 trillion over 10 years. In his budget,… Read More
EconomyNews
A Quick Guide to Obama’s New Budget
As soon as the White House released President Obama’s 2016 budget, Heritage Foundation experts dove into the details. Here’s a peek at some of the… Read More
EconomyCommentary
Obama Wants to Hike Corporate Taxes to Pay For Infrastructure. Here’s Why That’s a Bad Idea.
It is fitting that President Obama released his 2016 budget on Groundhog’s Day. Like Bill Murray’s character Phil Connors in the famous movie, Obama is… Read More
EconomyCommentary
What Obama Got Right and Wrong in His 2016 Budget
President Obama released his budget for fiscal year 2016 on Monday. We’ll be continuously updating this story with Heritage Foundation experts’ takes on the budget…. Read More
EconomyCommentary
Obama Wants to Reverse Sequestration. What You Need to Know.
Four years into the Budget Control Act of 2011, President Obama is expected to once again ask Congress to break its commitment to reduce spending…. Read More
EconomyCommentary
New Report: Deficit Will Exceed $1 Trillion Before Decade’s End
The new Congressional Budget Office report released today shows deficits and debt rising over the next decade, despite a short-term improvement in the 2015 budget… Read More
EconomyCommentary
We’ve Been Calculating Budget Scores for Legislation Like Obamacare All Wrong
There is hubris in every government project. The unspoken idea behind bills as comprehensive as the Affordable Care Act and Dodd-Frank is that legislators can… Read More
EconomyNews
There Hasn’t Been One Since 2001. Can This New Budget Chairman Deliver a Balanced Budget?
A balanced budget and health care reform. Those are two things Rep. Tom Price, R-Ga., is pledging to deliver as he takes the helm of… Read More
EconomyCommentary
The Biggest Problem Politicians Are Tempted to Ignore
With so many high-profile, headline-grabbing issues facing the incoming Congress, lawmakers might be tempted to ignore one of the most persistent problems in Washington: overspending…. Read More
EconomyNews
15 Must-See Charts From 2014
From charts on Facebook usage to President Obama’s budget, 2014 was a year for charts, graphs and more charts. Here’s a look at 15 of… Read More
EconomyCommentary
In One Chart: What If a Typical Family Spent Money Like the Federal Government
The federal government has a spending problem. The national debt is tipping $18 trillion–and growing. But what if an American family spent the way the… Read More
EconomyCommentary
It Doesn’t Matter Whether Republicans or Democrats Win: the National Debt Keeps Rising
Sorry, but this one you can’t blame on either party. Yes, President Obama has made the problem much, much worse, but the scary truth is… Read More
EconomyCommentary
Cartoon: Tree Trimming…Washington Style
The spending bill, released and passed this week, wasn’t exactly the greatest holiday gift for taxpayers … From Heritage budget expert Romina Boccia’s column earlier this… Read More
EconomyCommentary
Omnibus Prolongs Corporate Welfare for Travel Industry
The omnibus appropriations bill the House will take up Thursday includes a measure to reauthorize Brand USA, the troubled corporation created by Congress to promote… Read More
EconomyCommentary
Education Spending Spree Continues Apace in Omnibus
The omnibus bill was released Tuesday night. Here are some key details about what it does regarding education spending. Maintains historically high levels of federal… Read More
EconomyCommentary
7 Tips on How to Decipher the Omnibus Bill
There are plenty of reasons to shout and pout about what’s happening in Washington this week. The congressional elves who had all year to craft,… Read More
EconomyCommentary
No Excuses for ‘CRomnibus’ Spending Bill
At more than 1,600 pages, Congress’s $1.1 trillion behemoth spending bill funding almost all government agencies through September 2015 has arrived. For those keeping track,… Read More
EconomyCommentary
Average Federal Spending Per Household Nearly $30K
Did you know that the National Institutes of Health spent $374,000 to find out if a puppet show would convince preschoolers to eat more vegetables?… Read More
EconomyCommentary
Since Obama Took Office, the Federal Debt Has Increased by Almost 70 Percent
The federal government hit a new milestone Friday: The total federal debt now tallies more than $18 trillion. Just six years ago when President Obama… Read More
EconomyNews
Governor-elect’s Proposal for Sick Days Upsets Some Businesses
Pennsylvania Gov.-elect Tom Wolf won’t take office for another two months, but one part of his Fresh Start policy plan already has business types feeling… Read More
EconomyNews
Study: State Governments Are in a $4.7 Trillion Hole
HONOLULU — A new report from State Budget Solutions, a national nonprofit organization focusing on states’ fiscal responsibility, warns it’s time for newly elected state… Read More
EconomyNews
Ohio’s Unfunded Pension Liability More than $25K per Resident, $10K Above National Average
Ohio’s public pension plans have so much debt that paying it off today would cost each resident $25,080. According to a new report, “Promises Made,… Read More
EconomyCommentary
5 Ways To Get the Deficit Under Control
This week, the Treasury Department releases the actual deficit figure for fiscal year (FY) 2014 which ended on September 30. At about half a trillion… Read More
