Morning Bell: How to Balance the Budget in 10 Years
Both houses of Congress have now voted to suspend the debt ceiling until May 19, buying lawmakers more time to develop a budget. The Senate… Read More
Both houses of Congress have now voted to suspend the debt ceiling until May 19, buying lawmakers more time to develop a budget. The Senate… Read More
Today, the House will vote on a proposal that would suspend the debt ceiling until May 19, buying a bit more time for the overarching… Read More
New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the… Read More
Things aren’t going so well for Obamacare. Even Democrats in Congress aren’t huge fans any more. It seems after passing the law and finding out… Read More
Representative Nancy Pelosi (D-CA) called it “a happy start to a new year.” That probably tells you all you need to know about the fiscal… Read More
While you were sleeping—or ringing in 2013—the Senate voted to raise taxes. After missing the midnight deadline, Congress and the President have technically sent the… Read More
If you’ve read our work, you probably know we love charts. Our signature products — the Index of Economic Freedom and Federal Budget in Pictures… Read More
Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just… Read More
“When you can’t make them see the light, make them feel the heat.” President Ronald Reagan’s sound advice rang true yesterday. Grassroots activists and conservative… Read More
Later today the Republican-led House of Representatives will vote on “Plan B,” the latest unsatisfactory proposal put forward by Speaker John Boehner (R-OH) to avoid… Read More
News
The latest fiscal cliff proposal by Speaker of the House John Boehner (R–OH) is infuriatingly frustrating to conservatives, again. In exchange for $1 trillion in… Read More
Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 10 days, Heritage… Read More
There are many ways to surrender—and some congressional Republicans seem bent on exploring them all. In the debate over the fiscal cliff, the President’s position… Read More
What will the tax hikes of January 1, 2013, mean to real Americans? Let’s say you are a black woman who has a rewarding, though… Read More
This week, President Obama and House Speaker John Boehner (R-OH) have been trading secret offers on the fiscal cliff. Last night, they met for nearly… Read More
Even as the country deals with the crisis of the “fiscal cliff,” there’s another crisis waiting in the wings. “The second act will occur early… Read More
American health care consumers aren’t the only ones who will be hit by slated Obamacare tax hikes. Medical bills for their pets may go up… Read More
The one glaring omission in President Obama’s fiscal cliff demands for higher rates on top earners is that he’s already raised their taxes. That’s right!… Read More
President Obama wants to do away with Congress when it comes to raising the country’s legal debt limit. Instead of getting permission from the people’s… Read More
The fiscal cliff is getting closer by the day, and it’s not just Washington wonks who are noticing. Even baseball players are on fiscal cliff… Read More
Late Monday afternoon, the House Republican leadership lofted its latest offering to address the fiscal cliff. The kindest conservative response possible to this proposal is… Read More
With just a few weeks left in 2012, all eyes in Washington are on Capitol Hill and the “fiscal cliff” negotiations. As usual, Congress and… Read More
Even with the President’s desired tax hikes, publicly held debt would rise by $7.7 trillion in 10 years under the President’s budget. That’s right: Our… Read More
President Obama made his first offer to congressional Republicans yesterday in negotiations over the “fiscal cliff”—an economic catastrophe of tax hikes just a few weeks… Read More
Health CareNews
As the fiscal cliff approaches, Congress and President Obama continue to debate tax increases, even though spending is the problem. Investor Warren Buffett recently opined… Read More
While we are poised on the edge of a “fiscal cliff,” there are things the President and Congress can do to move us away from… Read More
Whenever Washington leaders start talking about the economy, they like to refer to deals and legislation from years past. In the latest fiscal cliff talks,… Read More
The fiscal cliff debate has centered on talk of raising taxes on high-income Americans. The silence on spending cuts has been deafening. On Monday, as… Read More
Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should… Read More
As we approach the “fiscal cliff,” there was little doubt that famed investor and self-appointed political sage Warren Buffett would pipe in at some point… Read More