EconomyCommentary
In response to the Great Recession of 2007, politicians resorted to their favorite pastime: recklessly spending other people’s money. Instead of dealing with the real… Read More
EconomyNews
The debt ceiling deal brokered over Memorial Day weekend by President Joe Biden and House Speaker Kevin McCarthy “fails completely,” the chairman of the House’s… Read More
EconomyNews
House Speaker Kevin McCarthy says he isn’t certain a deal on the nation’s debt ceiling will be made Thursday as negotiations between Republican and Democrat… Read More
EconomyCommentary
“If you buy a car,” White House press secretary Karine Jean-Pierre explained the other day, “you are expected to pay the monthly payment. … It’s… Read More
In her hearing before the Senate today, Federal Reserve Board nominee Lael Brainard reportedly said that “expansionary austerity is a contradiction and does not work.”… Read More
Paul Krugman, in the words of a former New York Times public editor, “has the disturbing habit of shaping, slicing and selectively citing numbers.” Most… Read More
News
It’s time for citizens to hold elected officials accountable about spending – even if that means their favorite government-funded program gets axed. There’s no hint… Read More
Economy News
As part of our countdown to the new year, here are Heritage’s top five must-see charts of 2013. 5. What If a Typical Family Spent… Read More
The controversial budget deal reached by Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) has been criticized by experts on both sides of the… Read More
As the Senate prepares to take up the new House-passed budget that undoes sequester cuts and increases spending, a clear bipartisan majority of American voters—65… Read More
Country singer Aaron Tippin’s old hit song “You’ve Got to Stand for Something (or You’ll Fall For Anything)” could be the new theme song for… Read More
A good place for budget conferees to start cutting federal spending would be at Amtrak, the federally subsidized passenger rail service, with its $72 million… Read More
‘Tis the season for sales. But beware of this enticing line: “The more you buy, the more you save!” Because, when the bill comes, the… Read More
Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) forged a budget deal without even trying to address the key drivers of spending and debt… Read More
Conservative Members of Congress gathered Wednesday to talk with national press and bloggers about the Ryan-Murray budget and Obamacare, amongst other issues. Missed out on… Read More
Many had high hopes that the first budget conference in four years would make a substantial down payment toward fixing the U.S. spending and debt… Read More
What if you had no spending limits this holiday season? You could take that dream ski vacation you’ve always wanted…and buy all new ski gear… Read More
If government employees can enjoy a stay in a luxury hotel made famous on The Bachelor, then surely Congress could find somewhere to make spending… Read More
American shoppers aren’t the only ones getting ready to spend big this holiday season. In Washington, members of the budget conference committee are considering several… Read More
Liberal economists like Paul Krugman might be calling for more government spending to help our ailing economy, but federal spending cuts are the better bet… Read More
Some lawmakers, led by Senate Budget Committee chair Patty Murray (D–WA), are seeking to raise taxes in the budget conference to replace the modest spending… Read More
As the budget conference committee meets to negotiate U.S. federal spending, lawmakers should not lose sight of the billions in taxpayer money still being wasted… Read More
A recent Peterson Foundation poll showed that 70 percent of registered voters believe that the country is on the wrong path when it comes to… Read More
As the U.S. Army prepares for future contingencies around the world, it continues to find its readiness at the mercy of “time and money,” Army… Read More
Proponents of government spending want to use the recent history of Europe as evidence that spending cuts are harmful, but their arguments lose traction when… Read More
Nearly two-thirds of Americans polled by Bloomberg answered that “it is right to require spending cuts when the debt ceiling is raised…because Congress lacks discipline… Read More
The Senate announced a deal today to protect the status quo in Washington. As pundits debate the political winners or losers of this deal, one… Read More
Members of Congress are still at an impasse—they cannot agree on the debt limit, spending cuts, Obamacare, or funding the government. The House has passed… Read More
A clear majority of Americans believes that imposing a firm limit on borrowing with spending cuts is the only chance for Congress to kick its… Read More
Did you know that since President Obama came into office, the debt limit has been raised seven times? With those increases, Congress has added $43,000… Read More
