Driving the conversation: President Obama released his deficit reduction plan on Monday, which would reduce the national debt by $3 trillion over ten years through a variety of tax hikes, superficial cuts to Medicare and Medicaid, and by incorporating savings gleaned from drawing down America’s military presence in the Middle …
Heritage’s experts watched President Barack Obama’s debt reduction and tax increase proposal. Here are their immediate reactions: Obama’s Plan Is More Bad News for Defense President Obama’s approach to deficit reduction, which he outlined in a Rose Garden statement today, means additional bad news for the defense budget and the …
Yesterday, the State Department released an official reaction to media reports on upcoming joint naval exercises between Russia and North Korea. The U.S. declared that “any engagement with the North Koreans should be conducted in a way that does not detract from the international community’s clear message of concern about …
Last week, Russian political scandal season reached a boiling point. On September 16, Mikhail Prokhorov, Russia’s third richest man (with an estimated personal net worth of $18 billion), promised revenge against Vladislav Surkov, deputy chief of the presidential administration, after being ousted from the helm of Right Cause, his own …
Today, President Barack Obama is expected to announce his latest plan for reducing the deficit, and central to it are $1.5 trillion in new taxes, aimed predominantly at wealthy Americans. Unfortunately for the 14 million unemployed Americans, the President is continuing down his steady path of ushering in big spending …
President Obama unveiled the details of his jobs plan last week, including a proposal to offset the new government spending with tax hikes. It’s a bizarre strategy for a president who says he wants to create jobs. As the above chart from Heritage’s 2011 Budget Chart Book illustrates, Americans are …
A flurry of newspaper articles reporting that the Obama Administration may decide to disregard the advice of its military commanders and reduce the U.S. military presence in Iraq to less than 4,000 troops by the end of the year prompted 42 distinguished American foreign policy experts to write an open …
Earlier this week at Heritage, a Bush-era deputy assistant attorney general shared the stage with a former president of the American Civil Liberties Union. It’s not exactly the type of combination you might expect talking about terrorism 10 years after 9/11. But for John Yoo and Nadine Strossen, it was …
In an article entitled “China and US on Edge over Vote in Taiwan,” today’s Financial Times (FT) quotes a “senior US official” as saying Taiwan DPP presidential candidate Tsai Ing-wen “left us with distinct doubts about whether she is both willing and able to continue the stability in cross-Strait relations …
