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  • budget

    Morning Bell: Budget? Why Follow A Budget?

    Families and businesses have budgets, yet Washington doesn’t — and it hasn’t for the last three years. Senate Majority Leader Harry Reid (D-NV) doesn’t think this major omission is that big of a deal, and the White House has no opinion on the matter. Fortunately, there are leaders in the … More

    Ryan House Budget Committee Leads on Process Reforms

    With debt and spending out of control, the good news is that the House Budget Committee is taking important steps toward focusing Congress on its most basic duty: budgeting. By speedily passing several budget process reform bills, Chairman Paul Ryan (R–WI) and others on his committee are moving Congress in … More

    In the U.N. Budget, Personnel Costs Rule

    Earlier this year, the Obama Administration trumpeted the recently passed United Nations regular budget as a triumph of fiscal discipline. To some degree, it is justified in that claim. The initial appropriations for the 2012–2013 budget (at $5.15 billion) are $263 million lower than the final expenditures for the 2010–2011 … More

    Federal Spending on Health Care Doubles in the Next Decade

    The Congressional Budget Office (CBO) released its Budget and Economic Outlook for years 2012 to 2022 yesterday, and as Heritage’s Patrick Knudsen shows, the numbers add up to a dismal fiscal future. As the government continues its fiscal irresponsibility, 2012 will be the fourth straight year of trillion-dollar deficits. This … More

    Budget Outlook Getting Worse, CBO Report Shows

    The figures released today by the Congressional Budget Office (CBO) once again reflect the magnitude of the federal government’s fiscal problem and the urgent need for Congress and the President to address it. Some key points: The 2012 deficit, projected at $1.079 trillion, represents the fourth consecutive year of deficits … More

    Obama Administration Cannot Continue to “Hollow Out the Force”

    In discussing the Department of Defense’s upcoming budget request, Defense Secretary Leon Panetta stated “our approach was to use this as an opportunity to maintain the strongest military in the world, to not hollow out the force.” In reality, America’s enemies will quickly determine that the United States will not … More

    Morning Bell: A Slashed and Burned Military

    The future is not bright for the U.S. military. Yesterday, Defense Secretary Leon Panetta gave America a glimpse of the half-trillion dollars in defense spending cuts requested by the Obama Administration and detailed how the U.S. military’s capabilities would be affected in practical terms. The result is a slashed and … 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

    VIDEO: 1,000 Days Without a Senate Budget

    The President’s State of the Union address tonight will no doubt grab most of the day’s headlines as the president lays out his goals for the coming year. But today is an important one for another reason — it marks the 1,000th day since the United States Senate has passed … 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