• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Debt Ceiling

    By How Much Did Congress Increase the Debt Ceiling? Hint: It’s a Trick Question

    Just a few weeks before President Obama releases his budget proposal to boost deficit spending for the remainder of his term, Congress voted to “raise the nation’s borrowing limit through March 2015.” But there’s one big question: By how much did Congress raise the debt limit, exactly? As Heritage’s Romina … More

    Americans Can Unite Around 'Core Ideas,' DeMint Says on 'Face the Nation'

    Although Democrats in Congress willingly gave President Obama “a blank check” to borrow more money last week and most Republicans didn’t, Americans are tired of such partisan fights in Washington and ready to rally around “core ideas,” Heritage Foundation President Jim DeMint said this morning on “Face the Nation.” “America … More

    If Only a Snow Shovel Could Dig Us Out of This

    Thanks to Congress, the U.S. now doesn’t have a debt limit for the next year. Let two Heritage experts put this into perspective. “President Obama, after less than five years in office, has already increased the debt limit by more than any other president in U.S. history, including President George … More

    Congress Is Giving Obama a Blank Check

    Remember all those debt limit fights? Well, apparently Congress got tired of fighting. So now they’re working toward doing away with the debt limit altogether. In recent years, conservatives fought to get at least some spending cuts, to begin putting the budget on a path to balance—after all, raising the … More

    Stuck in Congressional "Groundhog Day"

    In the movie “Groundhog Day,” Bill Murray wakes up again and again to find that he is stuck in the same day. This happens multiple times a year now with Congress on the debt limit, which we just hit again on Saturday. >>> Check Out: The Debt Ceiling Returns as … More

    Bam! We're Already Hitting the Debt Ceiling Again

    It’s timely that the Congressional Budget Office (CBO) put out new numbers on America’s financial situation this week. By the end of the week, we’ll be hitting the debt ceiling again. The CBO’s report, which dropped the bombshell that Obamacare is projected to push 2.3 million people out of the … More

    Budgets, Abortion, and Obamacare: 9 Things House Conservatives Said Today

    The Murray-Ryan budget surfaced Tuesday night, and led the conversation between House conservatives this morning at The Foundry’s Conversations With Conservatives. Missed the event? We’ve compiled an exclusive list of some of their comments below. On the Murray-Ryan Budget Deal: Representative Mick Mulvaney (R-SC): Now we’ve raised the debt ceiling over … More

    What Do Some Conservatives Think of the Ryan-Murray Budget? Top Tweets

    Conservative Members of Congress gathered Wednesday to talk with national press and bloggers about the Ryan-Murray budget and Obamacare, amongst other issues. Missed out on the live event hosted by Heritage? Don’t worry. You can watch the conversation here and read some of the top tweets below. When the deal … More

    Debt: Seven out of 10 Voters Think the U.S. Is on the Wrong Track

    A recent Peterson Foundation poll showed that 70 percent of registered voters believe that the country is on the wrong path when it comes to addressing the debt. This is just the latest indication that Americans are increasingly pessimistic about the nation’s financial future. The poll, which also shows that … More

    Americans Want Solutions, Not Procrastination on Debt, Budget Crisis

    Nearly two-thirds of Americans polled by Bloomberg answered that “it is right to require spending cuts when the debt ceiling is raised…because Congress lacks discipline on spending.” Their voices were not heard by Congress as it signed its terms of surrender. In the final hours before October 17—the alleged day … More