Spending Explosions, not Tax Cuts, Driving Deficits
Last week the Congressional Budget Office reported that the federal deficit will reach $407 billion this year. This actually is not as groundbreaking as it… Read More
Last week the Congressional Budget Office reported that the federal deficit will reach $407 billion this year. This actually is not as groundbreaking as it… Read More
When it comes to retirement and pension benefits, federal, state, and local government officials have all been humming the same mantra: never pay for something… Read More
Kudos to the Milwaukee Journal Sentinel. Last month the paper asked each member of Wisconsin’s congressional delegation to explain how he or she would solve… Read More
Yesterday the White House updated its budget estimates by releasing the annual “Midsession Review.” Media reports have focused on the projected budget deficits of $389… Read More
Earlier this month, Anheuser-Busch was bought by the Belgian brewer InBev for $50.3 billion. As symbolic as the purchase was for American beer drinkers, the… Read More
With an estimated 12 million to 15 million illegal immigrants in the United States, Immigration and Customs Enforcement (ICE) certainly has a lot on its… Read More
The year 2008 is not just an election year. It is also the year that marks the beginning of a demographic transformation that threatens the… Read More
Former Supreme Court associate justice Sandra Day O’Connor and former Ambassador James R. Jones kick off this week’s Youth Entitlement Summit in today’s Washington Post:… Read More
Here’s a preview of what’s happening this week in Washington. [youtube]http://www.youtube.com/watch?v=Y6YshohNEUM[/youtube] May was a successful month in Iraq, yet progress with the war supplemental has… Read More
Heritage senior policy analyst Brian Riedl has taken a close look at the budget passed by Congress this week and notes that it: Assumes tax… Read More
There is no threat to our nation’s fiscal health greater than the coming deficits from unrestrained growth in Social Security, Medicare, and Medicaid. Already Social… Read More
At the request of the Ranking Member of the House Budget Committee Rep. Paul Ryan (R-WI), the Congressional Budget Office (CBO) released a letter (pdf)… Read More
Yesterday in Oakland, Calif., in celebration of May Day, public school children were taught that the war in Iraq was to blame for proposed education… Read More
Today, an authoritative and diverse group of scholars warned the American people: “If present trends continue, the nation’s deficit will reach unmanageable proportions, other vital… Read More
Following up on yesterday’s post on the Social Security and Medicare Boards of Trustees report, The Heritage Foundation released a chart today looking at how… Read More
The Social Security and Medicare Boards of Trustees released their annual financial review yesterday, finding that over the next 75 years the two programs have… Read More
The House Republicans have released an alternative to the Democrats’ budget. Instead of following the Democrats’ path of raising taxes by more than $3,000 per… Read More
As the House prepares to vote on the Democrat budget resolution, let’s take another look at what the plan would mean for hard-working Americans: It… Read More
USA Today’s Dennis Cauchon wrote an insightful front-page story today showing that the cost of government benefits for seniors reached $27,289 per senior in 2007…. Read More
The United States passed a generational milestone yesterday when 62-year-old Kathleen Casey-Kirschling became the first baby boomer to receive a Social Security payment. A life-long… Read More
Only 19 days after credit rating service Moody’s announced the United States was at risk of losing its top-notch triple-A credit rating due to soaring… Read More
President Bush’s State of the Union message once again calls on Congress to address the coming tsunami of Social Security, Medicare and Medicaid costs. With… Read More
Last year Chairman Kent Conrad (D-N.D.) and ranking Republican Judd Gregg (R-N.H.) proposed legislation to create a task force to study the long-term fiscal problem… Read More
