Heritage’s newly released Issue Brief “What the FY 2014 Budget Should Do” provides a blueprint for turning back Washington’s unsustainable spending and keeping national defense fully funded. Modernizing the U.S. military is critical. After all, “to provide for the common defense” is one of the primary constitutional responsibilities of the …
The Obama Administration is on track to beat former President Bill Clinton for second-longest delay in submitting a presidential budget on time. First place for the latest budget in history? That also goes to President Obama. In 2009, he did not submit a budget until 98 days after the statutory deadline. …
Up to 875,000 federal workers may experience mandatory unpaid leave for one day per week thanks to sequestration, resulting in a 20 percent pay cut for 22 weeks beginning April 1. But the union that represents federal workers is vowing to get that pay. National Federation of Federal Employees spokesperson …
Federal spending will explode from $3.6 trillion to $6 trillion over the next 10 years, but the much-maligned sequester will cut only 2.4 percent of this spending. Sequestration represents a relatively small cut in projected spending. So why are so many in Washington wringing their hands over a two-and-a-half percent …
The National Small Business Association’s economic report finds, “The growing national debt is the number one thing small businesses thin[k] Congress and the administration should address.” Small businesses employ the majority of American workers and are vital to the innovation that grows the American economy. After a severe recession, the …
The Hill newspaper demonstrated a keen knack for understatement today with its account of Senate Democrats’ $110 billion sequester replacement proposal: “The bill would appear to have little chance of reaching President Obama’s desk, however, given opposition from House and Senate Republicans to increasing any taxes to replace the sequester.” …
If you aren’t nervous, you should be. The President is, once again, talking about a “balanced approach” to fixing sequestration—the across-the-board budget cuts scheduled to hit America. Translation: your pocketbook is threatened. The last time the President negotiated a “balanced” package was January’s fiscal cliff deal. He said that only …
