Osama bin Laden Wants to Cut Wasteful Spending?
Yesterday, the House voted down a provision introduced by House Republican Whip Eric Cantor (R-VA) to cut a 2009 welfare expansion program. The introduction of… Read More
Yesterday, the House voted down a provision introduced by House Republican Whip Eric Cantor (R-VA) to cut a 2009 welfare expansion program. The introduction of… Read More
House Majority Leader Steny Hoyer (D-MD) once said that the “most basic responsibility of governing is to pass a budget.” Yesterday it became clear that… Read More
The scene opens up on an image of the Earth and slowly zooms in down through the clouds while an ominous female narrator declares, “Your… Read More
The president’s debt commission had its first meeting this week, and all of the talk was of getting serious about putting our fiscal house in… Read More
The capstone of President Obama’s the “Glut the Beast” strategy is to maneuver the country into accepting a massive new Value-Added Tax (VAT). This as… Read More
State government finances are in a bad way, and for an examination of why that is the case, see the latest edition of “Rich States,… Read More
The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.
The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures.
After enacting 93,000 earmarks at a cost of $200 billion over the past decade, lawmakers are finally taking the first steps to rein them in…. Read More
While legislators finalize yet another round of stimulus spending, they should self-impose a time-out to assess the ineffectiveness of the last two years of government-directed… Read More
Raising taxes does not mean more overall revenue, recently seen in Montgomery County, Maryland, which has had a particularly bad fiscal year after a recent… Read More
Most everyone agrees that decreasing the number of the uninsured is an important goal of health care legislation. What is not agreed upon is the… Read More
President Obama says he wants to reduce America’s record trillion-dollar deficits. Too bad he hasn’t even correctly diagnosed their cause. During his State of the… Read More
Remember the promise of the 2008 Presidential election? No family making less than $250,000 will see their taxes increase Well, now, the option to tax… Read More
$1,100 for Hawaiian party props and luaus? $78,066 to promote quail? $6,500 for a 4,000-gallon live bass fish tank? $10,000 for a Batman party? $353,165 to fund car racing?
Congratulations, Illinoisans, you’re funding all this and more with your hard-earned taxpayer dollars, courtesy of your state government in Springfield.
A year ago, President Obama warned the American people that the financial crisis was dire and required a whole new approach to government spending. Obama… Read More
Although the feckless spending of successive Labour Governments has resulted in massive decline for Britain, there is one thing that Gordon Brown got right on… Read More
President Barack Obama reiterated his “jobs will be our number one focus” State of the Union talking point in New Hampshire on Tuesday, but all… Read More
Increasing spending on the State Department and international affairs while freezing discretionary domestic spending is probably not likely to endear President Obama further to constituencies… Read More
The President’s FY2011 budget request calls for significant increases in education spending and, as promised, the Department of Education is exempt from Obama’s so-called spending… Read More
Next week, Punxsutawney Phil will make his annual appearance to decide whether we will experience another six weeks of winter or whether spring has finally arrived. However, PETA has other plans — they have demanded that Phil be replaced this year with a robot. You got that right — a robot.
In his State of the Union address tonight, President Obama is expected to announce a freeze on federal spending with some notable exceptions including one… Read More
Senator Tom Coburn (R-OK) has a radical alternative to raising the debt limit: spend less money. In an amendment introduced last week Senator Coburn proposed… Read More
The President has the right idea with his proposal to freeze spending. Unfortunately, after driving spending to a record $3.7 trillion—nearly 26% of GDP—last year… Read More
From the President who brought you unaccountable, constitutionally-questionable czars comes the latest innovation in pass-the-buck leadership: a White House executive commission designed to solve the… Read More
While House and Senate leaders negotiate over the final version of a health care bill, they seem to have forgotten one thing: many of them,… Read More
Nancy-Ann DeParle, the Director of the White House Office of Health Reform, posted a note – ironically titled “Reality Check” – on the White House… Read More
Senate Majority Leader Harry Reid (D-NV) has set the stage for a major vote Monday morning at 1:00 AM – one that would require the… Read More
The Senate Leadership is scheduling the first vote on their health care bill later today. A thorough critique and analysis of the 383 page manager’s… Read More
With Congress looking to spend its way out of the recession, it’s running into a bit of a hiccup: the government’s credit card is about… Read More
Senator Reid seems comfortable with clandestine negotiations in order to ensure passage of any type of health reform. This course, aside from being politically dubious… Read More