• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • balanced budget

    DeMint on CNBC: We Need a Balanced Budget in 10 Years (VIDEO)

    All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at which government spending is continuing to grow, said Heritage President-elect Jim DeMint on “The Kudlow Report.” He told host Larry Kudlow, “You can see…there’s no … More

    Morning Bell: Obama and the Seuss-quester

    On Pennsylvania Avenue, right near the end, there lived a President who wanted to spend. He knew spending meant power, so hour by hour, he thought up more spends from his Washington tower. “I’ll spend without limits; I’ll spend without blame! Raising taxes to pay—that’s the name of the game.” … More

    In Congress, a Welcome Desire for "Regular Order"

    As Members of Congress left town last week for the Presidents’ Day break, a refreshing and commendable sentiment followed them: nostalgia for the “regular order” of lawmaking. “Tired of watching as flailing leadership negotiations fail to produce any key legislation,” wrote The Washington Post, “senior lawmakers hope that a return … More

    Morning Bell: Spending Cuts Are Happening, One Way or Another

    Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending, rather than a deliberative plan that sets priorities, trims entitlements, and cuts other spending. But they are law. It would be better to replace them … More

    Memo to Congress: Capitulation on Sequestration Cuts Is a Path to Defeat

    With current funding for government operations scheduled to run out March 27, the House is beginning work on another Continuing Resolution (CR) to fund the government through the rest of the fiscal year. As they do this, they must take firm steps toward their commitment to balance the budget in … More

    WATCH: Rep. Tom Price Talks Balanced Budget at Bloggers Briefing

    Rep. Tom Price (R-GA) joins us for today’s Bloggers Briefing. He’ll share his thoughts on the State of the Union, balancing the budget, and anything else that’s on his mind. Price is a standout conservative leader on Capitol Hill, having served as chairman of both the House Republican Policy Committee … More

    Ask Obama: Our Question for the State of the Union "Fireside Hangout"

    After the State of the Union, President Obama is going to do a “Fireside Hangout.” He will answer “a selection of your top-voted questions” in a Google+ hangout on Thursday, February 14, at 4:50 p.m. ET. Heritage’s Alison Fraser, director of the Thomas A. Roe Institute for Economic Policy Studies, … More

    CBO: Tax Increase Fails to Solve Spending and Debt Crisis

    While President Obama keeps calling for more taxes, today’s figures from the Congressional Budget Office (CBO) show the tax hike he signed into law just last month will provide no lasting improvement in the federal government’s fiscal outlook. This is because spending continues to grow, driving deficits back toward the … More

    Morning Bell: How to Balance the Budget in 10 Years

    Both houses of Congress have now voted to suspend the debt ceiling until May 19, buying lawmakers more time to develop a budget. The Senate would put together a budget for the first time in three years—and the details of that budget are crucial. To prevent the federal debt from … More

    Morning Bell: It's Time to Balance the Budget

    Today, the House will vote on a proposal that would suspend the debt ceiling until May 19, buying a bit more time for the overarching budget debate. This puts off the difficult decisions that are needed to get the country’s fiscal situation in order. Heritage’s vice president for domestic and … More