Morning Bell: Obama Spins His Wheels; Economy Stuck in First Gear
No news is good news–except when it means that the story about America’s slow-moving economy remains the same. A new report this morning from the… Read More
33 Senators Who Know What America Needs
As Washington ties itself up in knots over what the Joint Select Committee on Deficit Reduction, better known as the Supercommittee, will recommend to Congress,… Read More
News
Lunch with Heritage: Online Chat on Spending
Click here to join us on right now for our “Lunch with Heritage” online chat. We are joined by Heritage’s Budget expert Pat Knudsen. He… Read More
Appropriations Tracker: Monitoring FY 2012 Spending Bills
The Heritage Foundation yesterday launched its fiscal year (FY) 2012 Appropriations Tracker, which monitors the progress of appropriations bills as they move through the House… Read More
Job Creators Call for Bold Solutions on Tax Reform, Deficit Reduction
Washington politicians talk a good game when it comes to job creation. But when it comes to actually doing something, they’ve been unable to provide… Read More
Myths of Austerity Failures
Evidence shows that “austerity” during a sharp downturn in 1920 coincided with quick economic recovery and robust growth throughout the rest of the decade. Nevertheless,… Read More
News
Super Committee Proposal: Tax Hikes Should Be a Nonstarter
For months now the so-called super committee has been meeting in secret, tasked with delivering a budget-cutting (er… make that deficit-cutting) plan. Many have doubted… Read More
Does ‘Austerity’ Work?
Remember the Great Depression of the 1920s? If not, that’s because it didn’t happen. The recession of the early ‘20s quickly ended after spending and… Read More
Morning Bell: What is the American Idea?
What is the American idea? That all depends on whom you ask. According to President Barack Obama, it’s the notion that the federal government is… Read More
News
Super Committee Gets Recommendations from Senate Finance Republicans
Next month, the “super committee” will release its plan to find savings in the federal budget over the next decade. A report from the Senate… Read More
The Video AARP Hasn’t Made: Medicare’s Need for Structural Reform
Medicare—on its current path—cannot be sustained. At a recent hearing held by the Senate Special Committee on Aging, Ranking Member Senator Bob Corker (R–TN) stressed… Read More
Illinois Shows that Taxing and Spending Has Consequences
In January 2011, newly elected Illinois governor Pat Quinn imposed a 67% income tax increase on citizens and a sharp increase in the corporate tax rate… Read More
News
Super Committee Health Goals Need Sound Policy
If the goal is producing $1.2 trillion to $1.5 trillion in 10-year savings, the Joint Select Committee on Deficit Reduction must think big and produce recommendations… Read More
A Plan to Limit Dishonesty in Congress
Give two U.S. Senators credit for trying to do something about the smoke-and-mirrors games in Washington. The “Honest Budget Act” by Sen. Jeff Sessions (R-AL)… Read More
In Pictures: Debt by President? Obama Leads the Pack
When House Minority Leader Nancy Pelosi’s (D–CA) staff released a chart in May that attempted to illustrate how much past Presidents increased the national debt,… Read More
Super Secret Committee Snubs Transparency
Politico reported what many have feared about the Joint Select Committee on Deficit Reduction in a story titled “Supercommittee operating in secret.” Members of this… Read More
Congress Should Scrap the Energy Loan and Loan Guarantee Programs
Senator Harry Reid (D–NV) and his Senate colleagues rejected the idea of cutting $1.5 billion unspent from a $7.5 billion advanced vehicle manufacturing technology loan… Read More
Morning Bell: How Harry Reid Manufactured a Crisis Over Disaster Aid
Listening to Senate Majority Leader Harry Reid (D-NV) or reading The New York Times yesterday gave the impression that disaster relief victims were suffering from… Read More
The President’s “Debt Reduction”: $1.6 Trillion in Tax Hikes, Almost No Net Spending Reductions
During his Rose Garden speech Monday, the President claimed that his new “debt reduction” plan would provide $2 of spending cuts for every $1 of… Read More
Obama’s Attack on Big Oil: Fair Share or Targeted Tax Hike?
President Obama says he wants big corporations, including oil companies, to pay their “fair share” in taxes. His deficit reduction plan includes eliminating what he… Read More
How America’s Youth Can Fight Unemployment and U.S. Debt
According to a new poll issued by Generation Opportunity and The Polling Company, Inc./WomanTrend, America’s young adults are looking at a bleak future as the… Read More
Morning Bell: $1.5 Trillion in New Taxes
Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help… Read More
Heritage Responds to Obama’s Debt Reduction and Tax Proposal
Heritage’s experts watched President Barack Obama’s debt reduction and tax increase proposal. Here are their immediate reactions: Obama’s Plan Is More Bad News for Defense… Read More
VIDEO: Sen. Mike Lee Says Obama’s Jobs Plan Will Make Problem Worse
Sen. Mike Lee (R-UT) came to Washington as the a tea-party conservative with the goal of fixing the economy, addressing the debt crisis and curbing… Read More
Federally Funded Boulders for Nevada
Yesterday, I wrote about the House-passed bill H.R. 2887, which would reauthorize expiring aviation and surface transportation programs for a few months. Senator Tom Coburn… Read More
Chart of the Week: How Social Security Is Contributing to the Spending Crisis
Last week’s presidential debate at the Reagan Library elevated Social Security as a national issue that could reshape the 2012 campaign. Candidates spent the week… Read More
More ‘Stimulus’ Spending on Failed Public Safety Grant Programs
President Obama’s plan for turning America around is big on new spending, with insincere promises of budget cuts to come later. In particular, the President… Read More
News
Depends on What You Mean by ‘Meeting’: Super Committee Expected to Be Super Secret
The Joint Select Committee on Deficit Reduction (also known as the “super committee”) met for the first time today. This bipartisan, bicameral committee was created… Read More
Morning Bell: Big Government Rising?
How does a trillion dollars in more federal government spending sound to you? For most Americans, the idea of growing government at a time when… Read More
Big Labor Makes Big Spending Demands on President Obama
The Big Labor full-court press is in full swing ahead of President Barack Obama’s speech next week in which he will roll-out a new jobs plan…. Read More
