Devastating Defense Cuts Loom, Panetta Warns
What happens if the “super committee” fails to meet its target of $1.5 trillion in budget savings by Thanksgiving and sequestration is triggered? It would… Read More
Supercommittee: Maximize Nonsecurity Spending Cuts, Do Not Raise Taxes
The Heritage Foundation has consistently urged, and continues to urge, that the congressional Joint Select Committee on Deficit Reduction, known as the Supercommittee, “go big”… Read More
Spending Bills Setting Up Reckless Defense Cuts
Cracks in the Budget Control Act’s (BCA) spending caps are growing more visible as negotiators near completion of the first three appropriations bills for fiscal… Read More
Courting Disaster: Two Gaping Loopholes in the Debt Deal That Will Drive Up Spending
Among the more egregious failings of the Budget Control Act (BCA)—the proxy fiscal plan spawned by the summer’s debt ceiling debate—are a pair of gaping… Read More
Morning Bell: Straight Talk for the Super Committee
It has been 12 months since the American people spoke resoundingly at the polls against overtaxing, overspending, and overborrowing, but memories can be short in… Read More
News
Infographic: Why Spending Is the Problem
With its November 23 deadline fast approaching, the “super committee” created by the Budget Control Act is back in the news, and it is still grappling… Read More
SecurityNews
Draconian Defense Cuts Will Reduce Safety
There are many ways to balance a budget. Most of us, for example, spend 30 percent or more of our income on housing. Skipping mortgage… Read More
Morning Bell: Obama Spins His Wheels; Economy Stuck in First Gear
No news is good news–except when it means that the story about America’s slow-moving economy remains the same. A new report this morning from the… Read More
33 Senators Who Know What America Needs
As Washington ties itself up in knots over what the Joint Select Committee on Deficit Reduction, better known as the Supercommittee, will recommend to Congress,… Read More
News
Super Committee Proposal: Tax Hikes Should Be a Nonstarter
For months now the so-called super committee has been meeting in secret, tasked with delivering a budget-cutting (er… make that deficit-cutting) plan. Many have doubted… Read More
Morning Bell: What is the American Idea?
What is the American idea? That all depends on whom you ask. According to President Barack Obama, it’s the notion that the federal government is… Read More
VIDEO: Rep. Paul Ryan on Saving the American Idea
In a speech today at The Heritage Foundation, House Budget Committee Chairman Paul Ryan (R-WI) spoke about Saving the American Idea. The full text transcript… Read More
News
Super Committee Gets Recommendations from Senate Finance Republicans
Next month, the “super committee” will release its plan to find savings in the federal budget over the next decade. A report from the Senate… Read More
Missile Defense Budget on the Chopping Block Already
The missile defense budget has been on the chopping block ever since the Obama Administration took office. In 2009, President Obama proposed $1.6 billion in… Read More
A Plan to Limit Dishonesty in Congress
Give two U.S. Senators credit for trying to do something about the smoke-and-mirrors games in Washington. The “Honest Budget Act” by Sen. Jeff Sessions (R-AL)… Read More
In Pictures: Debt by President? Obama Leads the Pack
When House Minority Leader Nancy Pelosi’s (D–CA) staff released a chart in May that attempted to illustrate how much past Presidents increased the national debt,… Read More
Super Secret Committee Snubs Transparency
Politico reported what many have feared about the Joint Select Committee on Deficit Reduction in a story titled “Supercommittee operating in secret.” Members of this… Read More
News
Depends on What You Mean by ‘Meeting’: Super Committee Expected to Be Super Secret
The Joint Select Committee on Deficit Reduction (also known as the “super committee”) met for the first time today. This bipartisan, bicameral committee was created… Read More
Coast Guard Budget Crucial to Homeland Security
Most of the doomsday budget-cutting talk has focused on the Pentagon—and rightly so, as cuts being bandied about will unquestioningly turn the United States into… Read More
Morning Bell: The Spending Threat to Our National Defense
Consider it a warning from the highest levels of the U.S. government. Yesterday, Secretary of State Hillary Clinton and Secretary of Defense Leon Panetta held a… Read More
News
Gingrich Outlines Objections to ‘Super Committee’ at Heritage Event
Former Speaker of the House Newt Gingrich on Tuesday outlined what he believes are the major problems with the congressional “Super Committee” that will devise… Read More
EconomyNews
Conservatives to Super-Committee: Think Big, Really Big
Congressional leaders led a national debate in July 2011 about the problems of federal overspending and overborrowing. Unfortunately, at the end of the debate, Congress… Read More
Obama’s Upside Down Press Conference
President Barack Obama made two fundamental mistakes today in his press conference which was intended to calm the markets. First, he did not lead off with… Read More
Debt Ceiling Defense Cuts Will Happen
There is considerable misunderstanding about what the new debt ceiling law does to the area of defense. Many people are describing the required defense cuts… Read More
Top 10 Reads: July 29, 2011
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. House passes Boehner’s Budget Control Act… Read More
Heritage Libertad Radio: Debt Negotiations, La Raza and School Choice
Be sure to tune in to Heritage Libertad Radio this Sunday at Noon ET, here. The first 30 minutes is in Spanish, covering President Obama’s… Read More
Morning Bell: Struggle to Solve Debt Limit Crisis Goes On
Last night, the House of Representatives was set to vote on House Speaker John Boehner’s (R–OH) plan to raise the debt ceiling, as the projected… Read More
Top 10 Reads: July 28, 2011
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Praying for the Right (or Left)… Read More
The Truth about Obama’s Budget Deficits, in Pictures
Through the fog of the debt limit negotiations, President Obama has attempted to shift the blame for America’s deficit crisis to politicians at large, claiming… Read More
Harry Reid and the Chamber of No
Washington is boiling, and it’s not just the temperature. Dueling debt ceiling proposals, presidential veto threats, and heated rhetoric between and among parties have political… Read More
