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    Tax Increases Should Be Off the Table in Debt Limit Negotiations

    Congressional Quarterly reported yesterday that Democrats, led by Representative Chris Van Hollen (D–MD), are pushing to use “tax overhaul” as a means to cut a deal to increase the debt ceiling by $2.4 trillion: Van Hollen also revealed that Democrats on the panel have “put a whole menu of options … More

    Texas-Sized Job Growth

    Here’s an amazing statistic: Texas created 37 percent of all jobs since the beginning of the economic recovery, more than any other state. Excluding New York and Pennsylvania, Texas has created nearly as many jobs as all other states combined. How did Texas do it? According to the Richard Fisher, … More

    Cut, Cap, and Balance

    The House Republican Study Committee (RSC) has deployed a new theme to be introduced into the debt limit increase debate: “Cut, Cap, and Balance.” The debt limit is expected to be considered by both chambers of Congress by August 2. House conservatives have drawn up a list of demands in … More

    VIDEO: Debt Ceiling Part 2 – Coming to a Theater Near You

    As Speaker John Boehner (R-OH) pushes the debt ceiling debate back another month, Americans remain skeptical about how such legislation can really help solve the current financial crisis. And while much ado has been made regarding the vote, it is really beside the main point of our economic distress. When … More

    Lunch with Heritage: Online Chat on the Debt Limit and Heritage's Budget Proposal

    A few weeks ago, The Heritage Foundation released its plan to balance the budget and reform entitlements and health care called “Saving the American Dream“. There is also a debate raging in Congress about the whether or not we should raise the debt limit. Join us from 12-1 ET for … More

    Obama Can’t See the Icebergs

    President Obama could learn a lesson from this fable about a great ship. Having received ample warning of icebergs ahead, some of the crew of the HMS Titanic proposed changing course to avoid them. But the captain objected. “Making that maneuver would end this cruise as we know it.  It … More

    Morning Bell: The Debt Is Not a Game, Mr. President

    Well, President Obama asked for it. And last night he got it in grand fashion—a “clean vote” on raising the nation’s debt limit, free of any of the desperately needed spending cuts that Americans are demanding, conservatives support, but liberals abhor. And by a 318–97 margin, the House of Representatives … More

    Debt Limit Increase Danger

    The House is expected to vote down a clean increase of the debt limit today.  This vote is merely political theater and a way for Members of Congress to go on record as being against an increase in the debt limit without any cuts to spending or reforms to the … More

    Stossel Awards Heritage An "Emmy" for Best Budget Plan

    It’s not every day that a think tank wins an Emmy. But last week on John Stossel’s Fox Business program, The Heritage Foundation brought home the award for its “Saving the American Dream” plan to fix the debt, cut spending and reward prosperity. Heritage, along with five other public policy … More

    On the Budget: Ryan 40, Obama Zip, Senate Dems—No Show

    In just about any contest, a score of 40–0 is a pretty impressive trouncing. In football, that’s five touchdowns, a field goal, and a safety—think Ohio State versus Northern Virginia Community College. In baseball it’s almost beyond belief. Ditto basketball. Yet that was the score yesterday in the United States … More