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  • Entitlements, Taxes & Spending

    Replace the culture of entitlement with the culture of mutual responsibility.

    Morning Bell: The Obama Fiscal Responsibility Farce Continues

    Today President Barack Obama’s National Commission on Fiscal Responsibility and Reform will convene for the first time at the White House. Tasked with making recommendations to Congress that would put the budget in primary balance by 2015 and “meaningfully improve” our nation’s long-term fiscal outlook, the commission meets a little … More

    Obama Calls for a VAT

    President Obama has consistently ducked the question on whether he is considering a massive tax hike in the form of a value added tax (VAT) – until now. Yesterday in an interview with CNBC, the president made clear that he is open to a VAT – once he has seen … More

    Americans Have Every Reason to Doubt Social Security Solvency

    A recent poll by Rasmussen shows that 58 percent of Americans lack confidence that they will receive their promised Social Security benefits in their entirety.  The poll showed just 13 percent feel very confident they will receive their benefits. As usual, the sense of the American people is spot-on.  As … More

    Tax Hikes Wrong Route to Take for Deficit Reduction Commission

    Earlier this year, after Congress passed an increase in the debt ceiling, was deliberating over a trillion plus health care package, and the President’s Budget promised new record deficits, the American people started to see a worrisome trend that pushed fiscal responsibility to the forefront of the public’s priorities.  President … More

    McCain Throws Down the VAT Gauntlet

    The capstone of President Obama’s the “Glut the Beast” strategy is to maneuver the country into accepting a massive new Value-Added Tax (VAT).  This as yet unannounced policy has been lurking in dark policy corners for months, with no word from the President.  Senator John McCain (R-AZ) has decided not … More

    Volcker’s Volley: The VAT Battle Begins

    President Obama’s push to enact a massive tax increase in the form of a new value-added tax (VAT) is now clearly underway. Earlier this week, Obama economic adviser and former Chairman of the Federal Reserve, Paul Volcker said a “VAT should be on the table.” White House claims that Volcker … More

    Check Out the 2010 Budget Chart Book–New and Improved!

    The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.

    The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures. More

    Get A Job So We Can Tax You

    After the first few lines of liberal columnist Thomas Friedman’s piece in Sunday’s New York Times, you would have thought he had finally seen the light: “If we want to bring down unemployment in a sustainable way, neither rescuing General Motors nor funding road construction will do it.” Yes, exactly. Maybe … More

    Of Myths, Opinions, Taxes, and Guacamole

    Roberton Williams and Rosanne Altshuler’s Five Myths About Your Taxes in the Washington Post on Sunday was such a useful piece one hesitates to criticize, but one confusion is so unfortunate that a correction is necessary. In all, the authors got about 3 and a half right out of five, … More

    Fairness is in the Eye of the Beholder Vice President Biden

    In a recent interview with Yahoo Finance, Vice President Joe Biden said the following: “the top 1 percent of earners get 22 percent of all income made in the U.S. Taxes have been lowered for the wealthy considerably over the years. It’s about time we get a little tax equity … More