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Through the fog of the debt limit negotiations, President Obama has attempted to shift the blame for America’s deficit crisis to politicians at large, claiming that “neither party is blameless for the decisions that led to this problem.” Though the culture of overspending is endemic in Washington, don’t let the …
Washington is boiling, and it’s not just the temperature. Dueling debt ceiling proposals, presidential veto threats, and heated rhetoric between and among parties have political tempers flaring, while the President’s rhetoric is seemingly designed to bring the markets to a full-throttle meltdown. House Speaker John Boehner’s (R–OH) debt-ceiling plan sparked …
With the Obama administration’s debt deadline less than a week away, Speaker John Boehner (R-OH) is reworking his two-stage debt plan after the Congressional Budget Office revealed it cut less than advertised. The House isn’t expected to vote until Thursday or Friday. Meanwhile, conservatives remain highly suspicious. Heritage Action announced its opposition …
The House Ways and Means Committee welcomes former Arkansas governor Mike Huckabee, a 2008 Republican presidential candidate, to testify on alternative tax systems. The hearing will examine the value-added tax and FairTax. It will also explore consumption tax and the issues surrounding it. Rep. James Lankford (R-OK) will speak at today’s …
It’s hard to understand why President Obama took to the airwaves tonight at prime time. He still has no plan for dealing with government overspending and overborrowing, and he gave the nation very little except a repetition of his never-ending call for tax hikes. In noting the risk of ever-increasing …
Click here to join our “Lunch with Heritage” online chat. We are joined by Heritage’s Senior Fellow in Government Studies Brian Darling. He is taking your questions about the “Gang of Six” plan, the Cut, Cap, and Balance Plan, and the August 2 deadline. Lunch with Heritage feat. Brian Darling