Budget 2011: Why Our Debt Matters
Interest. Or to be more precise, interest payments. That, Heritage Senior Fellow J.D. Foster explains, is the biggest reason why Americans should be very concerned… Read More
Interest. Or to be more precise, interest payments. That, Heritage Senior Fellow J.D. Foster explains, is the biggest reason why Americans should be very concerned… Read More
We’ve already shared The Heritage Foundation’s Top Ten WebMemo’s of 2009 and Top Ten pages from The Heritage Foundation’s 2009 Federal Revenue and Spending Book… Read More
The Heritage Foundation’s 2009 Federal Revenue and Spending Book of Charts is one of the most heavily trafficked features on our homepage. Here, by traffic,… Read More
As 2009 draws to a close, The Foundry will be posting a series of Top Ten lists highlighting some of The Heritage Foundation’s most influential… Read More
Health CareNews
President Barack Obama again asserted today that his health care plan would be deficit neutral chiding: “The argument that opponents are making against this bill… Read More
The Washington Post editorial board writes on the Community Living Assistance Services and Supports (CLASS) Act tucked into Obamacare: But both the Congressional Budget Office… Read More
New analysis confirms that the health care bills moving the House and Senate will break the many promises President Obama made to the American people…. Read More
The Cato Institute’s Dan Mitchell and the Center for Freedom and Prosperity Foundation, have produced videos explaining why Keynesian economics is wrong, presenting the evidence… Read More
Albert Einstein famously defined insanity as “doing the same thing over and over again and expecting different results.” So after a $787 billion stimulus that… Read More
Sen. Joe Lieberman (I-CT) may have announced that he expects to vote for Majority Leader Harry Reid’s (D-NV) health bill this afternoon, but that leaves… Read More
Last month, Speaker Nancy Pelosi (D-CA) rammed through her version of Obamacare almost a week before the agency in charge of running Medicare and Medicaid,… Read More
Late this December, the Unites States Treasury will reach the $12.1 trillion statutory ceiling on the national debt. It will mark the 91st time Congress… Read More
America’s biggest spenders have chosen a wonderful Christmas gift for themselves: More of our money. Last week, deficit spending reached a new extreme. This week,… Read More
Next week Speaker Nancy Pelosi (D-CA) is expected to attach a provision to the Department of Defense appropriations bill that would increase our national debt… Read More
Congressional leadership has unveiled an a $446.8 billion “minibus” that will cover six annual appropriations bills, leaving only the defense bill to pass separately. Assuming… Read More
This Monday the Senate voted on two amendments that determined whether savings from Medicare will be used to enhance the solvency of the financially troubled… Read More
Another month under President Obama, another 11,000 jobs lost, pushing the total Obama jobs deficit to 7.6 million. One day after the White House jobs… Read More
When President Barack Obama made his most recent big health care speech in September, he promised the American people his plan would cost only $900… Read More
The unemployment rate when President Obama took office last January was 7.6 percent and credit markets were in the throes of a global contagion. He… Read More
Today the White House will host a Forum on Jobs and Economic Growth featuring such leftist luminaries as Joseph Stiglitz and Paul Krugman. Yesterday The… Read More
Today, the Congressional Budget Office (CBO) released a new report detailing why individuals who purchase insurance in the non-group market would see much higher premiums… Read More
In an arrogant and somewhat bizarre display of disinformation, the U.S. Department of Health and Human Services (HHS) is feeding local news sources with “new… Read More
After noting that Social Security, Medicare and Medicaid spending totaled $1.3 trillion, 43 percent of federal spending and more than twice military spending, in 2008,… Read More
As we mentioned this morning, nobody believes that Congress will follow through on the health care spending cuts used to help pay for the Reid… Read More
Senate Majority Leader Harry Reid unveiled his 2,074 page health care bill with claims that the massive measure falls under the $900 billion cost threshold… Read More
Congress needs someone like Mike Rowe to do the dirty job that politicians won’t touch. Our $1.4-trillion (and rising!) annual deficit and $12-trillion accumulated debt… Read More
We’re still poring over Majority Leader Harry Reid’s (D-NV) just released health care overhaul, but the major outlines of the bill are no different than… Read More
Yesterday at 3:00 p.m. ET, the Treasury Department updated its calculation of the U.S. National Debt to: $12,031,299,186,290.07. That $12 trillion record high comes just… Read More
Congress and the Administration are breaking records. They just piled up a deficit of over $1.4 trillion in 2009 alone. Needless to say moderates and… Read More
Congress wants America to believe its new promises to control spending even as it reneges on its old promises and spends more than ever. The… Read More
