PoliticsAnalysis
As the clock ticks toward the new year, Congress is racing to pass funding for the government for the fiscal year that began Oct. 1… Read More
PoliticsNews
Republican senators are speaking out against Democrats’ efforts to pass a huge spending bill before Jan. 3, when the GOP retakes the House majority. “The… Read More
PoliticsNews
Republican leadership in the House is barreling ahead with efforts to prevent Democrats from passing a lame-duck omnibus spending bill this year. “We’re 20 days… Read More
SecurityCommentary
America needs to have a serious debate about the nature of its national defense and associated budget. Questions such as how the country should deal… Read More
EconomyNews
Over $20 million in taxpayer funds could be saved at the end of President Donald Trump’s first term in office due to his leaner White… Read More
EconomyCommentary
In June, Greece defaulted on a €1.73 billion payment to the International Monetary Fund. In a national referendum shortly thereafter, the Greeks strongly rejected European… Read More
EconomyAnalysis
House and Senate conferees ushering the otherwise-flawed Water Resources Reform and Development Act (WRRDA) conference report through to final passage are touting its lack of… Read More
EconomyAnalysis
After six months of negotiations, the House–Senate conference report dubbed the Water Resources Reform and Development Act has surfaced. It would authorize new Army Corps of… Read More
EconomyAnalysis
While the budget has received relatively little attention since February, one misleading headline has made the rounds: “US on Track for Narrowest Budget Gap Since… Read More
Considering the country’s weak economic growth of just 0.1 percent last quarter, it is worth reflecting on the recovery effort that President Obama and his… Read More
Bill Gates shared some insightful comments on welfare reform in an interview last month with Rolling Stone. “Why aren’t the technocrats taking the poverty programs,… Read More
Even symbolic gestures can sometimes be important. Consider “The Path to Prosperity,” drafted by Rep. Paul Ryan’s (R–Wis.) budget committee and passed by the House… Read More
Our federal government is very good at moving money from place to place. In fact, some 70 percent of federal government spending consists of simply… Read More
If you want to protect spending in Washington, call it “job creation.” That’s the flip side of yesterday’s quip by Jared Bernstein, senior fellow at… Read More
President Obama is shrinking America’s armed forces, and his admirers say: “Why not?” The U.S. always draws down its military forces at the end of… Read More
A new book by Jagadeesh Gokhale sheds light on the magnitude of unfunded federal entitlement obligations. Gokhale compiles extensive evidence that America’s current spending path… Read More
The Obama administration put out the word this weekend that the president’s new budget will end several years of “austerity” in Washington. Come again? Austerity?… Read More
Thanks to Congress, the U.S. now doesn’t have a debt limit for the next year. Let two Heritage experts put this into perspective. “President Obama,… Read More
Congress is in the process of abdicating its power to control the borrowing of the U.S. government, at a time when the national debt exceeds… Read More
Remember all those debt limit fights? Well, apparently Congress got tired of fighting. So now they’re working toward doing away with the debt limit altogether…. Read More
In the movie “Groundhog Day,” Bill Murray wakes up again and again to find that he is stuck in the same day. This happens multiple… Read More
It’s timely that the Congressional Budget Office (CBO) put out new numbers on America’s financial situation this week. By the end of the week, we’ll… Read More
The farm bill isn’t getting the attention it deserves. Congress is likely very aware of this fact and is pouncing on a chance to get… Read More
At least one special favor is hiding deep in the omnibus—giving one county’s government-subsidized transit system the advantage over private transportation. Buried on page 1,460… Read More
Members of Congress are preparing to vote on the $1.012 trillion omnibus spending bill as early as today. Released less than two days ago and… Read More
We’ve written several times that the Omnibus legislation includes Department of Energy spending that needlessly squanders money away on activities that should occur in the… Read More
Economy News
Would you want to live in a country that is losing freedom? How about a country that has lost ground in property rights and become… Read More
Passing bills to find out what’s in them… that was so 2010, right? Sadly, no. Any day now, Congress is likely to release the trillion-dollar… Read More
In spite of aggressive expansionary Federal Reserve policies and several rounds of fiscal stimulus since 2007, the U.S. economy has yet to take off. Nonetheless,… Read More
Lawmakers in charge of funding the government with taxpayer dollars are getting closer every day to finishing their work on the trillion-dollar-plus fiscal year 2014… Read More
