Chart of the Week: Defense Budget Cuts Gamble with National Security
The third and final presidential debate between President Obama and former Governor Mitt Romney will feature several different questions on the role of America abroad… Read More
Obama Ducks Responsibility for Washington’s Spending Binge
In a recent “60 Minutes” interview, host Steve Kroft primed President Obama with this statement: “Most Americans think we’re spending too much money.” To which… Read More
Socialist Austerity in France
Francois Hollande won election to the French presidency by promising that more government spending would lead to quick economic growth. He sharply criticized the “austerity”—i.e.,… Read More
Dependence on Government vs. the American Dream
Mother Jones has opened a broad debate about the role of government in our society. In a clandestine tape recorded in May and obtained by… Read More
EconomyNews
Congress Must Address Both Defense Sequestration and Deficits
Earlier this week, the Obama White House criticized Members of Congress for examining the effects of the $1.2 trillion in automatic spending cuts scheduled to… Read More
Fix Entitlement Programs to Save the American Dream
The latest installment in a National Public Radio (NPR) series considers how entitlement programs impact Americans’ opportunities. This is a welcome discussion, because growing entitlement… Read More
First Reactions to Ryan’s Path to Prosperity Budget
There are six key elements to a successful federal government budget, including the plan released today by House Budget Committee chairman Paul Ryan (R—WI): Does… Read More
The Entitlement Crisis: At Least Congress Is Still Paying Attention
While the President’s FY2013 budget ignores the looming crisis of entitlement spending, the House and Senate Budget Committees, to their credit, are keeping their eyes… Read More
News
Infographic: Why Spending Is the Problem
With its November 23 deadline fast approaching, the “super committee” created by the Budget Control Act is back in the news, and it is still grappling… Read More
Morning Bell: Time For Congress to Lead on the Debt Ceiling
As we saw at yesterday’s press conference, President Obama is not going to lead on the debt ceiling issue. Nor is he going to compromise… Read More
Setting the Record Straight: Spending Cuts
The Heritage Foundation favors far-reaching reforms of our Federal Government’s spending, including with respect to entitlements. The ever-growing, out-of-control entitlement culture fosters dependency instead of… Read More
Discretionary Spending Caps, A Good First Step
After quietly increasing the federal debt limit from $12.1 trillion to $12.4 on Christmas Eve, the US Senate is beginning debate today on yet another… Read More
EconomyNews
Retiring Boomers: Where the Bucks Are
Maintaining and modernizing our armed forces doesn’t just protect America, it fulfills the Constitution’s mandate to “provide for the common defense.” Yet the defense budget… Read More
Entitlement Reform? A ‘Must Do’ for Obama
After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending,… Read More
