Morning Bell: Our Work Has Only Begun
My fellow conservatives, Americans are disappointed. They are disappointed that the debate over our debt limit was about the needs of politicians instead of the… Read More
My fellow conservatives, Americans are disappointed. They are disappointed that the debate over our debt limit was about the needs of politicians instead of the… Read More
Put the security of the nation at risk or raise taxes. This is the sour “deal” liberal lawmakers are offering in exchange for insufficient spending… Read More
EconomyNews
In this week’s Heritage in Focus podcast, Heritage Action for America CEO Mike Needham discusses the latest on the debt negotiations. Listen to the full… Read More
Some national business leaders are outright opposing measures of fiscal responsibility. Fortunately, fiscal conservatives in Congress are fighting back. Case in point: reaction to House… Read More
Rep. Dave Schweikert (R-AZ) attempted on Tuesday to explain the debt debate — how the budget gap should be closed — in terms everyone can… Read More
Social Security is currently unsustainable. It began running deficits in 2010 and its trust fund will be exhausted by 2036, which is when seniors will… Read More
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Economy Needs Tax Reform, Not Tax… Read More
Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Addicted to subsidies – Derek Scissors… Read More
The Congressional Budget Office (CBO) just released its long-term outlook for the federal budget. As expected, we are going broke slightly faster than we were… Read More
One month ago today, millions of Americans voted to reject big-government and the backroom deals that defined the Obama presidency. Now, some of the same… Read More
Earlier this week, we reported on The New York Times’s “deficit puzzle,” which allows you to close both the short-term and long-term budget gaps for… Read More
Last week, the co-chairs of the President’s deficit commission released a report of possible proposals for the commission’s final report. Recommendations included cuts to discretionary,… Read More
Last night, during a taped interview with 60 Minutes, President Barack Obama told Steve Kroft: “I thought the economy would have gotten better by now…. Read More
The recent global financial panic and recession had many authors. Millions of individuals and businesses made bad decisions about investing and debt. Scores of big… Read More
Reducing budget deficits by cutting government spending has a stronger record of economic stimulus than either reducing the deficit with tax increases or increasing government… Read More
As Congress returns to Washington next week, the fight over the Obama Tax Hikes has already begun. President Obama has indicated that he plans to… Read More
As the summer begins to wind down, many are beginning to take a second look at the grandiose promises made by the Administration about this… Read More
As we have been reporting, President Barack Obama is set to let tax rates increase at the end of this year. Obama’s tax hike will… Read More
It often happens that flawed theories put into practice expose their internal inconsistencies for all to see before long. We now see this playing out… Read More
Imagine a Congress running in a tough environment—the electorate is angry; a war is going badly; the unemployment rate remains stubbornly high. And imagine such… Read More
Friday brought yet another grim jobs report. The economy created 431,000 jobs in May according to the report, but 411,000 of them were temporary government… Read More
Congress is at it again, spending more taxpayer money and significantly adding to the deficit in the process. This latest bout of irresponsible spending is… Read More
Last week, the President’s debt commission held its kick-off meeting. The National Commission on Fiscal Responsibility and Reform, a group of 18 lawmakers and policy… Read More
President Obama has consistently ducked the question on whether he is considering a massive tax hike in the form of a value added tax (VAT)… Read More
The danger of higher taxes in the future is thwarting economic recovery today. Businesses make investment and hiring decisions based on their expectations of future… Read More
The death tax will expire tonight as soon as the ball drops and 2010 officially begins. This is good news for the businesses and families… Read More
The U.S. House of Representatives will likely vote tomorrow to continue about 50 expiring tax incentives known as “tax extenders.” It must do so each… Read More
Congress is discussing yet another tax increase. This one would be a tax on stock transactions and could fund a new jobs bill since it… Read More
When President Barack Obama was trying to sell his $787 billion economic stimulus plan to the American people, there was no louder cheerleader for the… Read More
The U.S. House of Representatives will vote this week on a bill that would permanently extend the estate tax (known better as the death tax)… Read More