Chairman of the Senate Finance Committee Max Baucus (D–MT) and Ranking Member Senator Orrin Hatch (R–UT) recently proposed a “blank-slate” approach to tax reform. This… Read More
With talk heating up for Congress to create an Internet sales tax, Heritage pulled in leading telecommunication and tax experts yesterday for a Capitol Hill… Read More
This week, the House Republican conference met to discuss what their priority will be in connection with any vote to increase the debt ceiling. This… Read More
The House Ways and Means Committee took another necessary step toward tax reform with a report requested from and issued through the Joint Committee on… Read More
News
Press reports link the coming debt limit debate with the building effort for tax reform. The debt limit and tax reform are both important, but… Read More
EconomyNews
It is somehow fitting President Obama released his budget for Fiscal Year 2014 after Easter, a mere 65 days late—but who’s counting? Fitting because going… Read More
Outside the President’s general, grow-the-government, increase-the-debt, tax-the-rich budget themes lies a commonsense proposal to use a more accurate measure of inflation when calculating government benefit… Read More
Senator Patty Murray’s (D–WA) budget tax plan directly calls for $975 billion in new tax increases over the next decade. Indeed, the Senate budget is… Read More
The Republican Study Committee (RSC) has proposed a budget that balances in just four years while holding tax revenue at near its historical average. It… Read More
Under the leadership of Chairman Dave Camp (R–MI), the House Ways and Means Committee released draft legislation for improving the tax treatment of small business…. Read More
At first look, the budget unveiled today by House Budget Committee Chairman Paul D. Ryan (R-WI) advances much-needed reforms and importantly accomplishes the crucial goal… Read More
It’s time for Congress to make a real budget—and not just any budget. It’s been four years since the U.S. had a real budget. While… Read More
All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at… Read More
Erskine Bowles and Alan Simpson, former co-chairs of the 2010 White House deficit-reduction panel whose plan failed, released an outline for a new proposal on… Read More
“I must go to college!” insists eight-year-old Pierre William. Such planning may seem unusual in a second grader. But Pierre is lucky. He’s attending a… Read More
Christmas arrives this year at a time when our nation is on the brink of the fiscal cliff. With time running out for President Obama… Read More
This time last year President Obama said of the pending expiration of the payroll tax cut, “It may be that there’s [sic] some folks in… 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
When President Obama put forth his first offer on the fiscal cliff, House Speaker John Boehner (R-OH) said, “You can’t be serious.” We could say… Read More
The House Republican leadership has offered a substantive counteroffer to President Obama’s frivolous fiscal cliff proposal of last week. At first blush, it appears little… 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
Congressional lawmakers met last week to try to hammer out a deal to avert the fiscal cliff. Democrats insist on revenue increases as part of… Read More
The Heritage Foundation has updated its Saving the American Dream plan as the nation moves inexorably towards the fiscal cliff set to hit at the… Read More
In Washington, there is one issue on everyone’s minds: the “fiscal cliff.” With time running out before a massive tax hike strikes on January 1,… Read More
Sometimes in post-election America, there is excitement about what the future will bring. This time around, the prospect is rather horrifying. America is racing, pedal… Read More
EconomyNews
The day after the election, Speaker of the House John Boehner (R-OH) called on President Obama to join in a bipartisan effort to cut federal… Read More
President Obama has a new booklet—a glossy, 20-page spread called “The New Economic Patriotism: A Plan for Jobs and Middle-Class Security.” The title is completely… Read More
During last night’s debate between President Obama and former Governor Mitt Romney, Heritage’s policy experts were live-blogging their analysis of the ideas discussed. Below are… Read More
Entering the final stretch of the presidential contest, Americans are facing a monumental choice. The American people will decide the direction of government and its… Read More
The Democratic staff of the Joint Economic Committee (JEC) fabricated details about the
