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  • Entitlements, Taxes & Spending

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

    Rep. Gohmert Stands in Support of Saving the American Dream

    Earlier this week, Representative Louie Gohmert (R–TX) visited The Heritage Foundation to show his support for Saving the American Dream as well as our nationwide educational effort with the Family Research Council, the Your Money, Your Values, Your Vote 2012 Tour. Speaking to an impromptu audience gathered at Heritage, Gohmert’s … More

    Morning Bell: Mitt Romney’s Taxes and True Reform

    How many times should your money be taxed? One time? Two times? Three times? Four? Sounds like a ridiculous proposition, but that’s the true story of capital gains taxes in America, and it’s one that’s not being told in the continuing debate over Governor Mitt Romney’s taxes. For more than … More

    Romney’s Taxes: Too Little or Too Much?

    Much has been made of Mitt Romney’s asserted 15 percent or so tax rate. There is both a material error and an irony to this story. The release of Romney’s tax returns for 2009 and 2010 and a preliminary assessment for 2011 shows a remarkably consistent picture. First, he makes … More

    Stop the Madness: National Debt Threatens our Prosperity

    I propose this simple New Year’s resolution for Congress, pass a budget before borrowing any more money. Today marks the 1,000th day without a budget from Senate Democrats. The last time they passed a budget, you had never heard of the iPad. Tiger Woods was only known for his golfing … More

    Morning Bell: State of Dysfunction

    Tonight, Americans who tune in to the State of the Union will watch the work of a rhetorical master with a flair for illusion. President Barack Obama will take to the floor of the Capitol in hopes of laying the groundwork for a political debate on his terms–one where he … More

    1,000 Days Without a Budget: Facts on the Senate’s Failure

    Tuesday, January 24, will mark the 1,000th day since the U.S. Senate has passed a budget—an egregious dereliction of duty on Senate Majority Leader Harry Reid’s (D–NV) watch. By enacting continuing resolution upon continuing resolution (short-term measures to keep the government running, spending money at the current rate), the Senate has taken a pass … More

    Morning Bell: On the Road for America’s Future

    UPDATE: Many people have been asking about the schedule of the bus tour. The most current schedule can be found at  http://www.valuesbus.com/ The United States is at a crossroads. Over the course of the next 10 months, Americans will watch as the future of our country is debated — state … More

    Even After Debt Limit Increase, Congress Has Work to Do

    On Thursday, President Obama formally notified Congress that the total federal debt (debt subject to statutory limit) is within $100 billion of the debt limit and requested an increase of $1.2 trillion. The announcement comes as no surprise, because such an increase is the anticipated third and final installment of … More

    Republican Presidential Candidates Embrace Medicare Premium Support

    Earlier this week in New Hampshire, Republican presidential candidates touted the benefits of a Medicare premium support system — the approach to entitlement reform embraced by House Budget Chairman Paul Ryan (R-WI) and The Heritage Foundation. Ryan’s recent partnership with Sen. Ron Wyden (D-OR) helped thrust the idea of premium … More

    PODCAST: Economic Resolutions for 2012

    In this week’s Heritage in Focus, economist Bill Beach discusses 2011′s economic misteps and how to readjust economic principles to guide policy in 2012. Click here to listen. What is the fundamental economic concept that led to so many policy mistakes? What’s the proper concept to guide policy moving forward? … More