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  • Entitlements, Taxes & Spending

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

    Social Security Pays Benefits to Millionaires’ Children

    Many aspects of Social Security date back to 1939 and reflect an America that is long gone. One of these pays Social Security benefits to minor children—even if the parents are millionaires. Case in point: the Social Security checks sent to the three younger children of Representative Pete Stark (D–CA). … More

    CBO Appears Immune to Embarrassment

    The Congressional Budget Office (CBO) just released its latest concocted quarterly estimate on President Obama’s failed stimulus. CBO’s findings are as preposterous as its 11 previous studies of the stimulus, discussed here, here, and here. The story doesn’t change, because CBO’s faulty analysis doesn’t change. Each time CBO does an … More

    Morning Bell: Another Recession Is Imminent

    Yesterday, the Congressional Budget Office (CBO) reported that without a doubt, America will have a fresh recession next year unless Congress and the President prevent it. We are facing the largest tax increase in history—Taxmageddon, scheduled to take effect January 1—and what experts are calling a “fiscal cliff” of sharp … More

    Obamacare Loses Again in Deficit Reduction Debate

    Niall Ferguson poked a hornet’s nest Sunday with his Newsweek cover story, in large part for its claim that Obamacare would increase the budget deficit. “Anyone who actually read, or even skimmed, the CBO [Congressional Budget Office] report knows that it found that [Obamacare] would reduce, not increase, the deficit,” … More

    CBO Warns: President Obama and Congress Risk Triggering Another Recession

    About 1.6 million American jobs hang in the balance. That is the clear implication of analysis contained in the annual budget update by the Congressional Budget Office (CBO). Along with all manner of dire and dreary budget data reflecting President Obama’s budget and economic policies to date, CBO provides its … More

    USDA Says Don’t Eat Meat, and Then Buys Meat

    When does the U.S. Department of Agriculture (USDA) say you should eat meat? It depends on the day. On July 23, the agency’s interoffice newsletter, Greening Headquarters Update, encouraged employees to participate in the “Meatless Monday” initiative that was supposed to help the environment. Three weeks later, on August 13, … More

    Huntsville Defense Conference: Concerns over the Budget and Military Readiness

    This year, The Heritage Foundation participates again in the 15th annual Space and Missile Defense Conference in Huntsville, Alabama. After the first official day, it is clear that many of the participants from the defense industry, as well as private citizens, share concerns about impacts of sequestration, which would slash … More

    Obama Administration Already Tossed the Food Stamp Work Requirement

    The Obama Administration sure is getting defensive about its recent action to waive all work requirements in the Temporary Assistance for Needy Families (TANF) cash welfare program. But this isn’t the first time or the first program in which Obama Administration policy has undermined work requirements. The welfare reform of … More

    Heritage Intern Award Winners: A “Path to Prosperity” for Our Generation

    Each semester, we bring together more than 60 young leaders from across the country to participate in our internship program in D.C. They are given the opportunity of practical experience working on policy research, marketing, and business, and training in communication skills like blogging and public speaking. They learn about America’s … More

    Government Will Take Almost Half Your Paycheck in 2013

    How high is the marginal tax rate on each additional dollar the average American earns? In other words, if you got a raise of one dollar, how much of that dollar would be taxed away? These rates are already high, and they’re getting higher next year. A middle-class taxpayer’s income … More