Federal Budget in Pictures Shows America’s Spending and Debt Crises
April 29 marks the third year that the U.S. Senate has not passed a budget. Now more than ever, it is crucial that Americans understand… Read More
News
Morning Bell: What’s the Senate Thinking?
April 29 marks the third year in which the U.S. Senate has not passed a budget — a staggering dereliction of duty, particularly given the… Read More
What Young Americans Should Really Fear
Over the past week, President Obama has been on the road making an appeal to young Americans, offering a sales pitch on lower interest rates… Read More
New Research Confirms that Spending Cuts Stimulate the Economy
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
Picture This: The Buffett Rule vs. Obama’s Budget
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
Head Start: President’s Scaremongering Won’t Work
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
President Obama’s Curious Paul Ryan Speech
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
So, Where Is the President’s Solution to the Fiscal Crisis?
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’ Budget: A Vision of Limitless Government
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
Morning Bell: Another Vision to Solve the Budget Crisis
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
First Reactions to Ryan’s Path to Prosperity Budget
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
Morning Bell: Get on the Path to a Balanced Budget
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
CBO Shows Obama’s Budget Produces More Staggering Spending and Debt
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
Morning Bell: A Budget to Save the American Dream
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
CBO Report: Spending Is Driving Debt to “Unsupportable” Level
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
New Poll: Most Voters Say America is Overtaxed
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
Our Debt and China
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
The Entitlement Crisis: At Least Congress Is Still Paying Attention
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
City Says “No!” to Multi-Million Dollar Handout from Uncle Sam
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
Online Chat on Dependence on Government
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
Debt Ceiling, the Sequel: Coming to a Theater Near You
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
Morning Bell: Obama’s Friends Win Big in Budget
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’s Top Three Budget Busters
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
Reaction Roundup: Heritage Responds to Obama’s 2013 Budget Proposal
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
Morning Bell: White House Spin Machine Hits Brick Wall
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
Morning Bell: Budget? Why Follow A Budget?
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
Ryan House Budget Committee Leads on Process Reforms
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
Federal Spending on Health Care Doubles in the Next Decade
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
Budget Outlook Getting Worse, CBO Report Shows
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
Stop the Madness: National Debt Threatens our Prosperity
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
