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    Chart of the Week: Each American's Share of Debt Is Skyrocketing

    As the nation pushes into another debt ceiling debate, an AP-GfK poll released last week found that 39 percent of Americans think any debt ceiling increase should come with a serious plan to reduce spending. Another 21 percent believe that the ceiling should not be raised at all. The poll … More

    Will Debt Ceiling Baby Step Lead Toward a Balanced Budget?

    The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from the White House: that House Republicans who are demanding spending reductions in exchange for increasing the debt limit would compromise the full faith and credit … More

    Morning Bell: Don't Raise Debt Ceiling Without Balancing the Budget

    All across America, families are balancing their budgets and even paying off debt. Since the financial panic of 2008, personal debt has fallen as Americans tighten their belts and pay back loans. Some, unfortunately, had to declare bankruptcy because their debts got too big. Washington cannot declare bankruptcy; it must … More

    Mr. Speaker and Mr. President: The Way to Save the American Dream

    The day after the election, Speaker of the House John Boehner (R-OH) called on President Obama to join in a bipartisan effort to cut federal spending, including by fixing entitlement programs, and to move to a better tax system that allows the economy to grow and create jobs. The Speaker’s … More

    VIDEO: Sen. Mike Lee Outlines Budget Proposal at The Bloggers Briefing

    Later this week the U.S. Senate will consider a budget resolution introduced by Sen. Mike Lee (R-UT) that cuts the size of the federal government in half by 2025 and achieves a balanced budget by 2017. It’s among the boldest plans presented in Congress. Lee’s budget is based on the … More

    Morning Bell: Get on the Path to a Balanced Budget

    Paul Ryan (R-WI), Chairman of the House Budget Committee, will release his budget blueprint today in what will surely be one of the most important policy developments in Washington this year. If as expected Senate Democrats fail yet again to advance a budget for the government, then the Ryan Budget … More

    Chart of the Week: How to End Deficits Without Raising Taxes

    President Obama and congressional leaders can’t seem to agree on any plan to avert a debt crisis. As the White House’s Aug. 2 deadline approaches, the House has adopted the Cut, Cap and Balance Act, while the Senate has floated a number of bad ideas. Earlier this year, The Heritage Foundation formulated … More

    Top 10 Reads: June 29, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. First Amendment Wins in Arizona Campaign Finance Case – Hans von Spakovsky On nukes, Obama ‘leads’ & the world laughs – Peter Brookes Bureaucratic Insanity: Wasting money while undermining public health … More

    The Balanced Budget Debate Begins

    Senator Mike Lee (R-UT) has offered a Sense of the Senate Amendment to the Patent Reform Act of 2011 (S.23) testing the waters on the idea of a balanced budget amendment to the Constitution (Senate Amendment 115). This will be a referendum to testing the waters for the idea of … More