Increasing spending on the State Department and international affairs while freezing discretionary domestic spending is probably not likely to endear President Obama further to constituencies… Read More
The President’s FY2011 budget request calls for significant increases in education spending and, as promised, the Department of Education is exempt from Obama’s so-called spending… Read More
Daily Kos founder Markos Moulitsas weighs in on President Obama’s proposed spending freeze. It goes without saying that when even the Daily Kos fails to find merit in the President’s proposals, the Administration needs to step back and reevaluate its policies.
In his State of the Union address tonight, President Obama is expected to announce a freeze on federal spending with some notable exceptions including one… Read More
Today, the Orlando Sentinel reports that President Obama will introduce a budget next week which will cut future exploration funding from NASA, including the planned… Read More
In a report titled, “Long-Term Implications of the Fiscal Year 2010 Defense Budget,” the Congressional Budget Office (CBO) points out that this year’s Department of… Read More
The President has the right idea with his proposal to freeze spending. Unfortunately, after driving spending to a record $3.7 trillion—nearly 26% of GDP—last year… Read More
It seems every time you pick up a newspaper, the headline proclaims another military program cancelled. First, it was the F-22. Then it was missile… Read More
President Obama is reported to be considering an Executive Order creating yet another commission to consider options for curtailing Washington’s deficit addiction. Even at a… Read More
The health care reform wallowing through Congress includes a ploy reminiscent of the “liar loans” prominent during the recent real estate bubble before its collapse…. Read More
Speaking at Georgetown University on April 14th, President Barack Obama promised: “We cannot rebuild this economy on the same pile of sand. We must build… Read More
The budget shortfalls, plunging revenue, and economic woes plaguing near-broke California could foretell the future of other cash-strapped states. A new study by The Pew… Read More
Defending mounting job losses despite his administration’s $787 billion stimulus package, Vice President Joe Biden told ABC News George Stephanopoulos last month: “The truth is,… Read More
Supposedly, trends start in California and then spread to the rest of the country, a notion that seems to be confirmed by the latest economic… Read More
When the non-partisan Congressional Budget Office (CBO) released their original estimate of President Obama’s Budget , they said it was going to be expensive: in… Read More
Though the President made a big deal about Father’s Day, on national security issues the White House continues to look like an absent father. What… Read More
Yesterday, the non-partisan Congressional Budget Office (CBO) released its latest Long-Term Budget Outlook and the news is grim. The preface opens, Under current laws and… Read More
President Obama today is promoting a Pay-as-You-Go (PAYGO) statute requiring that tax cuts and entitlement expansions be collectively deficit-neutral. Congress is likely to take up… Read More
President Obama recently said, One hundred days ago, in the midst of the worst economic crisis in half a century, we passed the most sweeping… Read More
Yesterday’s USA Today brought the not so surprising news that federal tax revenue has fallen drastically due to the struggling economy. The 34% decrease represents… Read More
Massive increases of spending by the Obama Administration, from the stimulus to its proposed budget, have created historically unprecedented large deficits that will push the… Read More
On October 7, long after Lehman Brothers collapsed and the extent of our economic downturn was known, Teresa Finch of Nashville, Tennessee, asked both presidential… Read More
On April 20, President Obama called for $100 million in budget cuts after announcing spending increases of $4 trillion. Heritage Senior Policy Analyst Brian Riedl… Read More
Early this morning we asked a question on the Heritage Foundation’s Twitter and Facebook pages: What were Obama’s best and worst moments in his 1st 100 days,… Read More
It Must Grow on Trees The Stimulus Bill: In his first 100 days, President Obama signed a $787 billion “stimulus” bill that with interest totals… Read More
The current recession is causing Americans to take a second look at their household budget. Well, if Congress enacts cap and trade legislation, recently proposed… Read More
In the past 12 months the Bush Administration, the Obama Administration, and the Democrat controlled Congress have laid out $1.2 trillion in the name of… Read More
Taxing Every American Even Obama’s “95%”: President Obama’s energy policies will cost Americans more money, limit their access to America’s resources, and provide little, if… Read More
The AP’s Calvin Woodward has an item out today challenging some of the assertions President Barack Obama made in his press conference last night: OBAMA:… Read More
