New research suggests that legislators should cut spending and enact growth-inducing policies. The reasoning? According to the study, spending cuts can positively affect economic growth… Read More
President Obama says his “Buffett Rule” — which imposes higher taxes on wealthy Americans and job creators — will help “stabilize our debt and deficits… Read More
On Tuesday, President Obama criticized Representative Paul Ryan’s (R–WI) budget proposal as making “draconian cuts” to federal spending programs. In particular, the President said, “If… Read More
Why would the President, elected to the highest office in the land, stoop to attack a plan authored by the Chairman of the House Budget… Read More
If President Obama wants to challenge the House Republican budget passed last week, he certainly should. His views would be more enlightening, however, if they… Read More
House Democrats described the budget they released yesterday as a “clear contrast” to the one introduced by House Budget Committee chairman Paul Ryan (R–WI). It… Read More
While Washington’s eyes are focused on the historic Obamacare hearings at the Supreme Court, work continues across the street in the House of Representatives where… Read More
There are six key elements to a successful federal government budget, including the plan released today by House Budget Committee chairman Paul Ryan (R—WI): Does… Read More
Paul Ryan (R-WI), Chairman of the House Budget Committee, will release his budget blueprint today in what will surely be one of the most important… Read More
The Congressional Budget Office (CBO) estimate of the President’s budget reveals a reckless fiscal plan that shirks the spending cuts in the Budget Control Act… Read More
America’s fiscal condition is dauntingly dismal. The national debt is well on its way to $17 trillion, 13 million Americans are out of work, and… Read More
The most significant numbers in today’s updated estimates from the Congressional Budget Office (CBO) are not the official “baseline” figures. More important are CBO’s “alternative”… Read More
More bad news for those who want to raise taxes in order to pay for another boatload of government spending: The vast majority of Americans… Read More
Yesterday, the Department of the Treasury released an initial estimate of foreign holdings of U.S. securities, including Treasury bonds, as of June 30, 2011. This… Read More
While the President’s FY2013 budget ignores the looming crisis of entitlement spending, the House and Senate Budget Committees, to their credit, are keeping their eyes… Read More
The city of Troy, Michigan, prides itself as being “The City of Tomorrow … Today,” but now it has another slogan to affix to its… Read More
Heritage recently released the 2012 Index of Dependency on Government and it found that dependence on government is at an all-time high .Click here to join… Read More
Remember last year’s titanic struggle over increasing the debt ceiling? A mighty contest that threatened to leave the nation in default, lasted for much of… Read More
You don’t need to log on to President Barack Obama’s Facebook page to find out who his friends are, and you don’t need to read… Read More
Obamacare increases unaffordable government spending, which ultimately comes out of taxpayers’ pockets. Here, we summarize three of the most costly provisions of Obamacare: 1. Medicaid… Read More
Today, President Barack Obama released his budget for Fiscal Year 2013. Experts from The Heritage Foundation are analyzing the President’s proposal and offer their reactions,… Read More
Yesterday, the newest White House chief of staff, Jack Lew, took to the Sunday talk shows to get a head start on promoting President Barack… Read More
Families and businesses have budgets, yet Washington doesn’t — and it hasn’t for the last three years. Senate Majority Leader Harry Reid (D-NV) doesn’t think… Read More
With debt and spending out of control, the good news is that the House Budget Committee is taking important steps toward focusing Congress on its… Read More
The Congressional Budget Office (CBO) released its Budget and Economic Outlook for years 2012 to 2022 yesterday, and as Heritage’s Patrick Knudsen shows, the numbers… Read More
The figures released today by the Congressional Budget Office (CBO) once again reflect the magnitude of the federal government’s fiscal problem and the urgent need… Read More
I propose this simple New Year’s resolution for Congress, pass a budget before borrowing any more money. Today marks the 1,000th day without a budget… Read More
Tonight, Americans who tune in to the State of the Union will watch the work of a rhetorical master with a flair for illusion. President… Read More
Tuesday, January 24, will mark the 1,000th day since the U.S. Senate has passed a budget—an egregious dereliction of duty on Senate Majority Leader Harry Reid’s (D–NV) watch. By… Read More
If the 2012 edition of Heritage’s Index of Economic Freedom has bad news for the United States, the news for Europe is not much better…. Read More
