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  • Monthly Archives: February 2011

    Currently Low Tax Receipts No Excuse to Raise Taxes

    An AP article today explains that tax revenues this year are projected to be the lowest since 1950. Chalk this one up as a dog-bites-man story. Our income tax system is highly progressive. Taxpayers pay higher rates as they earn more income. During recessions, incomes contract sharply, so there is … More

    New START and the Special Relationship: A Case to Answer

    Last Friday, British newspapers reported that the U.S. had agreed to supply Russia with sensitive information on Britain’s nuclear deterrent in order to win Russian agreement to New START. Over the weekend, State Department spokesman P.J. Crowley described this claim as “bunk” and asserted that New START simply “carried forward … More

    Preview of President's Budget Leaves a Lot to Be Desired

    Next week, President Obama will release his budget proposal for fiscal year 2012. Though the President’s budget carries no real legislative weight, it will showcase his financial priorities and the seriousness of his rhetorical commitment to rein in federal spending. A recent New York Times article by Jacob Lew, the … More

    A Valentine's Day Wish for Free Trade

    Americans saved more than $16 million on roses last year thanks to U.S. trade policy toward Colombia. Under the Andean Trade Preference Act (ATPA), many products from Colombia are exempt from U.S. import tariffs. Colombia is the biggest supplier of cut flowers to U.S. consumers, and the ATPA exempts Colombian … More

    On Those "Draconian" Spending Cuts

    Last week, House Budget Committee Chair Paul Ryan (R-WI) outlined $58 billion in non-security domestic spending cuts. Within hours, Senator Harry Reid (D-NV) attacked the proposal calling it “unworkable” and “even more draconian than we originally anticipated.” But these outcries were hardly unexpected considering Washington’s spending addiction. As National Review’s … More

    Even PolitiFact Admits: President Obama Raised Taxes

    This Sunday while defending charges that he was a “man who wants to redistribute wealth,” President Barack Obama told Fox News‘ Bill O’Reilly: “I didn’t raise taxes once.” As PolitiFact points out, not only is this completely false, but President Obama began raising taxes almost immediately upon taking office: The … More

    Morning Bell: Big Government, Big Business, Big Problem

    In what Politico is calling “the first whiff of the desperation inside the White House about the slowness of the economic recovery,” President Barack Obama spoke to the U.S. Chamber of Commerce yesterday, claiming: “I understand the challenges you face. I understand you are under incredible pressure to cut costs … More

    Meet Heritage’s Featured Facebook Fan, Jeet Guram

    Jeet_Guram

    Each week, The Heritage Foundation highlights one of its nearly 300,000 Facebook Fans on its “Featured Fan” page. This week’s fan is Jeet Guram, a student at Harvard Medical School. Read his story below, and be sure to become a fan of Heritage on Facebook! When Jeet Guram arrived at the … More

    Side Effects: Children Face Reduced Access to Coverage Under Obamacare

    Side Effects

    While the Senate failed last week to pass a full repeal of Obamacare, the negative effects of the health care overhaul continue to build the case for scrapping it and starting over. Americans were told that Obamacare would open the door to medical coverage for all children. Those with preexisting … More

    The Alan Gross Case: A Blow to Obama's Soft Cuba Policy

    On February 4, the Cuban government announced it will demand a 20-year prison sentence for U.S. citizen Alan Gross. The 61-year-old Maryland resident was arrested in December 2009 in Havana after visiting Cuba to distribute satellite phones to Jewish and other civil society groups. Although details of his activities remain … More