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  • Entitlements, Taxes & Spending

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

    Fact Checking Obama

    We highlighted the Associated Press’ FACT CHECK on President Barack Obama’s deficit cutting claims this morning, but that was not the only area where Obama stretched the truth. On jobs: OBAMA: “We began by passing a Recovery Act that has already saved or created over 150,000 jobs.” – from news … More

    The Impending Public Plan Spending Disaster

    In his Jimmy Carter-esque “New Foundation” speech Tuesday, President Barack Obama linked health care reform and deficit reduction claiming: “If we want to get serious about fiscal discipline … we will also have to get serious about entitlement reform. Make no mistake: health care reform is entitlement reform.” Problem is, … More

    WaPo: Obama Health Care Talk Lacks “All Seriousness”

    Cheerleading for his administration’s economic performance yesterday, President Barack Obama said: I absolutely agree that our long-term deficit is a major problem that we have to fix. … As I will discuss in a moment, the key to dealing with our deficit and debt is to get a handle on … More

    Survey Says…Taxes too High, Kill the Death Tax

    The Tax Foundation released its “2009 Survey of U.S. Attitudes on Taxes, Government Spending and Wealth Distribution” yesterday. Some interesting findings include: 56 percent of respondents think taxes are too high; Only 14 percent are willing to pay more than $10,000 a year in total taxes for the government services … More

    Sayonara Social Security Surpluses

    The federal budget deficit is set to quadruple in 2009 to $1.75 trillion and President Barack Obama’s budget will add another $4.9 trillion in public debt from the beginning of 2010 through 2016. But our fiscal future is in even worse shape than that. As PBS’s Nightly Business Report noted … More

    Sen. John McCain Speaks at Heritage on Generational Theft

    Morning Bell: Preventing Generational Theft

    In the past 12 months the Bush Administration, the Obama Administration, and the Democrat controlled Congress have laid out $1.2 trillion in the name of stimulus, $700 billion for the Troubled Assets Relief Program, and over $400 billion for the Omnibus spending bill in debt on future generations of America. … More

    Global Financial Crisis=Minnow. Entitlements Crisis=Whale.

    That’s a bit of an exaggeration. No serious person can deny the importance of the global financial crisis. We can only hope that the U.S. and Britain don’t get swept away by its urgency and agree to a lot of European and Russian proposals that would make it worse, and … More

    It’s Time for a Pro-Growth Economic Policy

    Is President Obama’s economic policy preventing the economy from recovering? The Wall Street Journal thinks so. Tuesday’s editorial notes, After five weeks in office, it’s become clear that Mr. Obama’s policies are slowing, if not stopping, what would otherwise be the normal process of economic recovery. From punishing business to … More

    Obama Budget Recognizes the Need for More Retirement Savings

    While many aspects of the Obama budget are questionable and just plain wrong, they recognize the need for more Americans to be able to save for retirement. The budget includes the Automatic IRA, a cross-ideological proposal developed jointly by The Heritage Foundation and the Brookings Institution which will give up … More