In the Green Room: The State of International Monetary Policy
Last Friday, The Heritage Foundation hosted three experts on international monetary policy for a lecture titled, “The Dollar, The Euro, and the International Monetary Order:… Read More
Last Friday, The Heritage Foundation hosted three experts on international monetary policy for a lecture titled, “The Dollar, The Euro, and the International Monetary Order:… Read More
The United States is on an unsustainable financial course, and everyone seems to know it. As Heritage highlighted in our recently published 2010 Budget Chart… Read More
Today’s papers give the impression of a collective exhale on U.S.-China relations. Chinese President Hu Jintao is coming to Washington for a global nuclear security… Read More
America’s current predicament is that it borrows money from countries or individuals to finance many of its expensive obligations, including financing the $862 billion stimulus… Read More
President Barack Obama and congressional leaders claim that the Senate health bill, which will likely face a vote in the House by the end of… Read More
Last Friday, the Congressional Budget Office (CBO) released its analysis of the president’s 2011 budget submission to Congress. This report hasn’t gotten nearly the attention… Read More
During last month’s Blair House health care summit, President Barack Obama was forced to change the subject after Rep. Paul Ryan(R-WI) Blair House thoroughly refuted… Read More
Federal spending is out of control. Even President Obama knows it. To really stop the madness, Reps. Jeb Hensarling (R-TX), Mike Pence (R-IN), and John… Read More
Yesterday at the Blair House health summit, Rep. Paul Ryan (R-WI) directly challenged the White House’s deficit reduction claims. From the transcript: Look, we agree… Read More
My Corner post from last Wednesday — pointing out that government “stimulus” spending does not add new purchasing power to the economy because the government must… Read More
Liberals are trying to take a big victory lap today over the stimulus. They proudly proclaim that the stimulus created more than two million jobs…. Read More
The headlines should read: World Didn’t End! Sub-head: We didn’t know what we were talking about. The data for official Chinese purchases of Treasury bonds… Read More
UPDATE: This graph is now over one year old. For up to date information see this post: The Truth about Obama’s Budget Deficits, in Pictures UPDATE:… Read More
Fiscal reform has become a hot topic in Washington as spending hits all-time highs and Congress and the President continue to push several new high-ticket… Read More
Last Friday, President Barack Obama accepted an invitation from House Republicans to speak and answer questions at the Republican House Issues Conference. During the Q&A… Read More
From the creator of Obama Budget Cuts Visualization and The National Debt Road Trip, now comes, What Does The Federal Budget Freeze Look Like? For… Read More
President Barack Obama will submit a $3.8 trillion budget proposal for fiscal 2011 to Congress today. One might hope that given last year’s $1.4 trillion… Read More
This week, Obama showed himself once again to be out of touch with both Americans and with the current debt situation in the United States. … Read More
On Thursday, the Senate passed a bill to increase the debt limit. Senate Majority Leader Harry Reid’s (D-NV) amended version of the bill passed by… Read More
In his State of the Union Address, President Obama made several commitments to fiscal responsibility in the years to come. What do they really mean… Read More
Heritage members and fans are discussing President Barack Obama’s State of the Unions address at Twitter and Facebook right now. And here are just some… Read More
The Congressional Budget Office (CBO) today released a ten-year budget baseline showing $6 trillion in deficits over the next decade. Yet because Congress requires the… Read More
Tonight in his State of the Union address, President Barack Obama is expected to propose a “freeze” on government spending. Obama’s spending “freeze” will only… Read More
Senate Cloakroom: Analysis: The Senate returns this week after a three-week absence. In the wake of passing an unpopular health care bill, the Senators must… Read More
This month, Congress will face every shopaholic’s worst nightmare: a maxed out credit card. After a year of seemingly endless government spending, the Senate must… Read More
Last spring, President Obama proposed $11.3 billion worth of discretionary spending cuts. Today’s Washington Times notes that Congress accepted $6.9 billion worth of these cuts,… Read More
As Congress returns to Washington, the crucial decisions that await lawmakers will have enormous financial ramifications for the country for years to come. House and… Read More
Japan’s newly minted finance minister, Naoto Kan, seems an excellent choice to lead Japan on an expedited road to fiscal perdition. For those who argue… Read More
Myth: China is America’s banker. Truth: China has bound itself to American economic leadership. The federal government runs a gigantic budget deficit, which will hurt… Read More
Spending. As Heritage Foundation Senior Policy Analyst Brian Riedl explains, runaway federal spending is where our historic levels of debt are coming from. Watch: And… Read More
