Chart of the Week: The Impact of an Aging America
Sequestration has taken effect, and yet government spending continues growing. Sequestration’s 2.4 percent reductions are not enough to fix Washington’s spending and debt problem because… Read More
Obama Fulfills DeMint’s Prediction, Blaming Sequester for Future Economic Problems
Senator Jim DeMint, the president-elect of The Heritage Foundation, apparently has a crystal ball. This morning he predicted that Obama would use the sequester as… Read More
Unused Federal Buildings: No Room for Sequestration Cuts?
About 77,000 unused or underused federal buildings cost taxpayers $1.67 billion to operate and maintain in 2010 alone (latest data available), according to a Congressional… Read More
Sequestration: Much Larger Spending Cuts Needed to Balance the Budget
Sequestration, the set of automatic spending reductions set to hit on March 1, barely makes a dent in federal spending over the next decade. Much… Read More
Morning Bell: Obama’s Sequester Smokescreen
Suppose you desperately needed to lose weight but had a Big Mac with fries and a Coke staring you in the face. You could take… Read More
DeMint on CNN: “The Problem Is That We’re Spending Too Much” (VIDEO)
President Obama is meeting with lawmakers Friday in a last-ditch effort to stop sequestration. Budget cuts representing just 2.4 percent out of total government spending… Read More
Environmental Protection Agency: No Room for Sequestration Cuts?
The Environmental Protection Agency (EPA) announced plans to furlough all of its employees and shut down for three days this year to absorb sequestration’s spending… Read More
Sequestration: Plenty of Room to Cut Ineffective Programs
The Progressive Congressional Caucus (PCP) recently released a video hyping the forthcoming sequestration “cuts.” The video warns that sequestration will have the harmful effect of… Read More
Department of Energy: No Room for Sequestration Cuts?
President Obama is touring the country and campaigning against the spending cuts under sequestration, such as cuts to energy research. The Department of Energy (DOE)… Read More
DeMint on CNBC: We Need a Balanced Budget in 10 Years (VIDEO)
All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at… Read More
Small Business Administration: No Room for Sequestration Cuts?
The White House warns that sequestration “would reduce loan guarantees to small businesses by up to $902 million”—loans that it claims are “investments that are… Read More
Sequestration Will Make the U.S. Less Safe, Despite CATO’s Claims to Contrary
A February 26 article by CATO Institute Analyst Christopher A. Preble wrongly asserts that the imposition of automatic spending cuts, called sequestration, will not make… Read More
Obama Suddenly Cares About the Military When It Serves His Interest
President Obama visited Newport News Shipyard yesterday—the largest naval shipbuilding facility in the world—to warn of sequestration’s effects on the U.S. Navy. Yet throughout his… Read More
VIDEO: Obama’s 13 Tax Hikes in 2013
President Obama is crisscrossing the country to scare Americans about sequestration. But what’s really frightening are the 13 Obama tax hikes that took effect in… Read More
DeMint: Obama Tax Hikes Will Do More Harm Than Sequester (VIDEO)
Heritage Foundation President-Elect Jim DeMint says Americans shouldn’t be fooled by President Obama’s scare tactics on sequestration. Federal cuts won’t harm the U.S. economy, DeMint… Read More
CHART: Obama 2013 Tax Increase Twice as Large as Looming Sequestration
While President Obama is traveling across the nation campaigning against sequestration at the very last minute, the economy is working through a tax increase nearly… Read More
National Institutes of Health: No Room for Sequestration Cuts?
The National Institutes of Health (NIH) made it onto an Obama Administration fact sheet listing the “most damaging effects of a sequester on the middle… Read More
Morning Bell: Where Could We POSSIBLY Cut the Federal Budget?
If you had to cut your family’s budget, where would you cut? Would you immediately start starving your children and stop wearing shoes? Of course… Read More
Sequestration Is Only Part of the Pentagon’s Woes
As most commentators are focusing on the impending massive defense cuts that will devastate the military readiness of America, is it possible that this is… Read More
Education: No Room for Sequestration Cuts?
If sequestration spending cuts go into effect, President Obama claims that “[o]ur ability to teach our kids the skills they’ll need for the jobs of… Read More
Media Aid Obama on Sequestration; Huffington Post Seeks Sob Stories
We’ve gotten used to the Obama White House and the nation’s news media working hand in glove on most issues, but the sequester is quickly becoming… Read More
The “Buffett Rule” Returns
President Obama’s so-called Buffett Rule just won’t go away. It is back in its latest iteration because Senate Democrats proposed it to partially offset the… Read More
News
Cloakroom: The Sequester and Hagel Nomination
House Cloakroom: February 25 – March 1 Analysis: Sequester week begins in Washington! The House returns from a recess week to take up the Violence… Read More
Chart of the Week: Sequestration Cuts 2.4 Percent out of Total Spending
Federal spending will explode from $3.6 trillion to $6 trillion over the next 10 years, but the much-maligned sequester will cut only 2.4 percent of… Read More
EconomyNews
TSA: No Room for Sequestration Cuts?
President Obama claims that unless Congress raises taxes to undo the imminent automatic budget cuts as sequestration, the Transportation Security Administration (TSA) would be forced… Read More
Morning Bell: Obama and the Seuss-quester
On Pennsylvania Avenue, right near the end, there lived a President who wanted to spend. He knew spending meant power, so hour by hour, he… Read More
Sequestration 101: Watch Heritage’s Google+ Hangout at Noon ET Today
What is sequestration? And why is Washington in a panic about it? Federal budget cuts, known as sequestration, are scheduled to hit in one week…. Read More
Sequestration Cuts the DHS Off at the Knees
Last week, Democrats on the House Appropriations Committee released a report outlining what they believe the consequences of sequestration will be if it goes into… Read More
In Congress, a Welcome Desire for “Regular Order”
As Members of Congress left town last week for the Presidents’ Day break, a refreshing and commendable sentiment followed them: nostalgia for the “regular order”… Read More
Simpson–Bowles Redux: Another $600 Billion Tax Increase
Erskine Bowles and Alan Simpson, former co-chairs of the 2010 White House deficit-reduction panel whose plan failed, released an outline for a new proposal on… Read More
