Budget 2011: Video: What Does The Federal Budget Freeze Look Like?
From the creator of Obama Budget Cuts Visualization and The National Debt Road Trip, now comes, What Does The Federal Budget Freeze Look Like? For… Read More
From the creator of Obama Budget Cuts Visualization and The National Debt Road Trip, now comes, What Does The Federal Budget Freeze Look Like? For… Read More
During his State of the Union Address, Obama said that if “anyone from either party has a better approach that will bring down premiums, bring… Read More
On Thursday, the Senate passed a bill to increase the debt limit. Senate Majority Leader Harry Reid’s (D-NV) amended version of the bill passed by… Read More
In his State of the Union Address, President Obama made several commitments to fiscal responsibility in the years to come. What do they really mean… Read More
Our nation is on an unsustainable fiscal course. The three major entitlements – Social Security, Medicare, and Medicaid – alone are set to eclipse historical… Read More
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 in Washington, the Bipartisan Policy Center (BPC) launched its new Debt Reduction Task Force, chaired by former Sen. Pete Domenici (R-NM) and former OMB… Read More
The President of the United States tomorrow will inform the Congress on the State of our Union, as he is constitutionally mandated to do. The… Read More
From the President who brought you unaccountable, constitutionally-questionable czars comes the latest innovation in pass-the-buck leadership: a White House executive commission designed to solve the… Read More
Last week President Barack Obama announced he wants to give every Social Security recipient a $250 payment to make up for the fact that they… Read More
Yesterday, on his Fox News program, Glenn Beck aired a video of White House Communications Director Anita Dunn referring to Mao Zedong as one of… Read More
The President and his administration keep saying we cannot afford not to push through a major overhaul to the health care system, one-sixth of the… Read More
Sometime next month the Senate will be forced to raise the federal debt limit beyond a record $12.1 trillion. While the current recession has exacerbated… Read More
Government benefits accounted for 16.2 percent of personal income in the first quarter of 2009 according to new figures from the Bureau of Economic Analysis…. Read More
According to an analysis by USA Today, American taxpayers “are on the hook for an extra $55,000 a household to cover rising federal commitments made… Read More
Kiplinger has a post up today discussing the most recent attempt to paint an amnesty as an economic stimulus. This time the focus is on… Read More
No. Heritage fellow David John explains: Is the Important Year to Consider 2037, 2016, or 2009? The year when Social Security begins to spend more… Read More
Reuters reports: Recession Hurts Medicare and Social Security. The New York Times blares: Recession Drains Social Security and Medicare. And CNN follows suit: Recession Hits… Read More
The federal budget deficit is set to quadruple in 2009 to $1.75 trillion and President Barack Obama’s budget will add another $4.9 trillion in public… Read More
While some politicians in Washington seem to have discovered the issue of “fiscal responsibility” yesterday, Rep. Paul Ryan (R-WI) has a long and courageous track… Read More
Liberal author Robert Kuttner doesn’t believe in the entitlement crisis. His argument – reflecting conventional far left thinking on the issue – goes something like… Read More
Ahead of President Barack Obama’s “Fiscal Responsibility Summit” being held today, The Heritage Foundation hosted a panel last week titled: “Real Change or Pocket Change?… Read More
EconomyNews
Maintaining and modernizing our armed forces doesn’t just protect America, it fulfills the Constitution’s mandate to “provide for the common defense.” Yet the defense budget… Read More
After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending,… Read More
Responding to the sticker shock of the Congressional Budget Office’s projected record $1.2 trillion budget deficit, President-elect Barack Obama said: We will — we are… Read More
Most people are skeptical about statistics, claiming that mathematically-minded people just bend numbers to their will. But when it comes to long term budget projections,… Read More
Barack Obama argues that his tax rebates, many of which will go to households paying no income tax will “offset the payroll tax they pay,”… Read More
We’ve never met Al Gore. So how do we know he is racist? Because the Washington Post’s Harold Meyerson told us so. Remember Al Gore… Read More
The bailout parade is continuing unabated in Washington this week. On the heels of a $25 billion bailout for the automotive industry, the Bush Administration… Read More
Former Comptroller General of the United States and Fiscal Wake-Up Tour star David Walker outlines how our impending entitlement crisis parallels the current subprime mortgage… Read More