The first presidential debate takes place in Denver on Wednesday with a focus on domestic issues, including President Obama’s unpopular health-care law. Obamacare imposes numerous tax increases on Americans, totaling more than $500 billion over a 10-year period. According to Heritage’s analysis, these higher tax rates on income and investment …
The debate about former Governor Mitt Romney’s (R-MA) tax plan has reached a fevered pitch. In fact, The Washington Post published two articles (here and here) about it. The second repeated the confusion surrounding a poorly understood policy known as “step-up.” Recently, I weighed in to correct the false statement …
Federal intervention into education has been a growing problem over the past four-and-a-half decades and is being supersized by the Obama Administration’s current efforts to push states to nationalize their standards, tests, and, ultimately, curriculum. Heritage has been sounding the warning bell about the Common Core national standards push and …
The Tax Policy Center (TPC) made headlines with its analysis of Governor Mitt Romney’s tax reform plan. The authors of the TPC report found, incorrectly as it turns out, that Romney’s plan would “necessitate” a tax increase on middle- and low-income taxpayers. Their conclusion is wrong and the report flawed …
President Obama’s and Governor Romney’s appearances on “60 Minutes” Sunday revealed an interesting contrast. The President punted on a serious question about the nation’s concern over spending—blaming everything on President George W. Bush. Right. Obama’s been in office how many years now? At what point does he take responsibility for …
In a recent “60 Minutes” interview, host Steve Kroft primed President Obama with this statement: “Most Americans think we’re spending too much money.” To which Obama uttered a contemplative “Mm-hm.” An understatement, indeed. The nonpartisan Congressional Budget Office estimates that federal spending will reach $3.56 trillion, or about 23 percent …
During a Sunday evening interview on CBS’s “60 Minutes,” President Obama made numerous factually inaccurate or misleading claims. Specifically, Obama claimed that he has not raised Americans’ taxes, that he has not raised costs for Medicare beneficiaries, and that he has imposed fewer regulations than his predecessor. The first two …