Morning Bell: Obama Wants Power to Raise Debt Limit By Himself, Anytime
President Obama wants to do away with Congress when it comes to raising the country’s legal debt limit. Instead of getting permission from the people’s elected representatives to borrow and spend more...
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Chart of the Week: U.S. Federal Debt and the Fiscal Cliff
In just a little over a decade, the U.S. federal debtwill exceed 100 percent of gross domestic product (GDP), an “economically damaging” level, according to analysis from The Heritage Foundation based...
View ArticleMorning Bell: 10 Facts on the Fiscal Cliff, Debt, and Spending
Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just days left for President Obama and lawmakers in...
View ArticleMorning Bell: MLK, Obama and Opportunity
Fifty years ago in Washington, D.C., Martin Luther King Jr. shared his dream for America. It was a vision that gave “all of God’s children” an opportunity to flourish. Today, as we remember and honor...
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The Curious World of Jack Lew, Treasury Secretary Designate
Win McNamee/Pool/Sipa USA/Newscom President Obama has nominated White House Chief of Staff Jack Lew to succeed Timothy Geithner as Treasury Secretary. Lew could be in for some tough questioning. For...
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Morning Bell: Obama’s Bogus State of the Union Promises
Tonight, the American people will be watching President Obama’s fifth State of the Union address. How has he done on his promises over the past four years? Take a look at some of the promises Obama...
View ArticleWATCH: Rep. Tom Price Talks Balanced Budget at Bloggers Briefing
Rep. Tom Price (R-GA) joins us for today’s Bloggers Briefing. He’ll share his thoughts on the State of the Union, balancing the budget, and anything else that’s on his mind. Price is a standout...
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CHART: Obama 2013 Tax Increase Twice as Large as Looming Sequestration
While President Obama is traveling across the nation campaigning against sequestration at the very last minute, the economy is working through a tax increase nearly twice the size of the sequestration...
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Morning Bell: A Stark Choice for America’s Budget
For the first time in four years, the U.S. Congress is engaged in a full-throated budget debate. Take a moment for at least a quiet “Hurrah!” The federal government has at last embarked on its most...
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National Financial Capability Month: Is President Obama Setting a Good Example?
Newscom Last week, the President declared April 2013 National Financial Capability Month in an effort to encourage Americans to budget responsibly. This is a commendable goal. However, with the...
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Immigration Bill Is a Trojan Horse for Spending
WARNER BROTHERS / Album/Newscom The contentious immigration bill (S. 744) put together by the Senate Gang of Eight is a spending Trojan Horse with several provisions that simply declare open season on...
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DeMint: Taxpayers Would Pay for Amnesty
Now that the “Gang of Eight” has introduced a comprehensive immigration bill in the U.S. Senate, the cost to taxpayers of implementing amnesty for an estimated 11 million unlawful immigrants has come...
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The U.S. Faces Dangers from Around the World
John Albright/Icon SMI/Newscom James Clapper, Director of National Intelligence, recently told the Senate Armed Services Committee, “In my almost fifty years in intelligence, I do not recall a period...
View Article10 Myths About the Obamacare Medicaid Expansion
As Obamacare’s Medicaid expansion is being debated in the states, many myths are being perpetuated by its advocates. Here, Heritage provides the research to debunk such myths: 1. Myth: Expanding...
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Temporary Debt Paydown Just a Drop in the Bucket
Newscom Reports that the federal government will put a little bit of money toward the massive federal debt for the first time in six years make for an interesting tidbit, but Washington’s spending and...
View ArticleQuiet Before the Storm: CBO Reports $642 Billion Deficit in 2013
At $642 billion, the Congressional Budget Office (CBO) reports, the 2013 deficit will be lower by $200 billion than previously forecast. In February, the CBO projected a deficit of spending over...
View ArticleA Spend-More, Tax-More, and Borrow-More Budget Would Hurt, Not Help
Congress needs to drive down federal spending toward a balanced budget, including through entitlement reforms, while maintaining a strong national defense and without raising taxes. Neither the House...
View ArticleVIDEO: The Shaky Debt Ceiling
Congress’s dance with the debt limit can be confusing and, frankly, the details can be a real snooze fest for many Americans. Sometimes a little humor clarifies the absurdities of Washington antics...
View ArticleMorning Bell: Time to Shrink the Monster
Does the debt ceiling affect YOU? It does—in many ways. A new video by Bankrupting America uses humor to call attention to an issue that is anything but funny, and why it matters for every American...
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Obamacare 2023: 31 Million Uninsured, $1.8 Trillion in Taxpayer Dollars Spent
Andrew Shurtleff/ZUMA Press/Newscom A poll released last week by InsuranceQuotes reveals that 64 percent of the uninsured are uncertain whether they will purchase insurance coverage once Obamacare...
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