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  • Debt Ceiling

    Morning Bell: In Debt Limit Debate, Higher Taxes Aren't the Answer

    Republican congressional leaders will meet in the White House today with their Democratic counterparts and President Obama in an effort to reach an agreement on the debt ceiling. Reports are sketchy as to whether they will succumb to arm-twisting by the White House, amplified in the media, to cut a … More

    The Left's Desperate, Devious and Dangerous 14th Amendment Ploy

    Seeking to make virtue out of vice, the political Left has launched a desperate, devious and dangerous ploy to prevent the spending cuts that the public demands. They are laying the groundwork for President Obama to bypass negotiations and to ignore the $14.3-trillion statutory ceiling on federal debt.  They want … More

    Heritage Radio: Fast and Furious, Rep. Price on Debt Ceiling, More

    In this month’s Libertad Radio Show on WBER in Fairfax, Virginia, our Heritage team had a chance to sit down with experts and political leaders to discuss issues ranging from Mexico and Afghanistan, to the economy and jobs. The first half of the hour-long show is in Spanish, the second … More

    Top 10 Reads: July 5, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. A decent military takes cash – Ed Feulner The Year of School Choice – Wall Street Journal Game on, not over, for parents – Charles A. Donovan Know Your Enemy: Meet … More

    On Debt, Don’t Let Politicians Rush Through Another Bad Deal

    Our future should not be determined behind closed doors.  Yet that’s where the White House and Congress are holding secret talks about our debt ceiling and about taxes and spending. We deserve openness instead.  We don’t need another farce when the players suddenly burst from their huddle, line up Members … More

    VIDEO: Public Opinion on Debt Ceiling and Government Spending

    Bankrupting America is out with a new video today running though recent polling data on the debt ceiling and government spending. As lawmakers in Congress continue to debate the issue — the Senate will skip its Independence Day recess for the first time since 1974 — it’s worth reflecting on … More

    No, the President Can’t Violate the Debt Ceiling

    For some partisans—especially those who believe in the “living Constitution”—the Constitution sanctions all they favor and forbids all they oppose.  So it is with the debate over the debt limit. All of a sudden, politicians who have never cared much for constitutional fidelity are citing a little-known section of the … More

    Federal Spending and the Trade Deficit

    In 1987, President Ronald Reagan explained the relationship between federal spending and the U.S. trade deficit: “Here in the United States, we must restrain government spending. Our trade deficit in goods and services reflects that, over the past several years, we have spent more than we have produced—and we have … More

    Morning Bell: Time For Congress to Lead on the Debt Ceiling

    As we saw at yesterday’s press conference, President Obama is not going to lead on the debt ceiling issue. Nor is he going to compromise or play a mediating role. He is more interested in blaming others for his troubles, demagoguing other solutions and running for re-election. This is why … More

    Washington in a Flash: The Court Is Adjourned

    The U.S. Supreme Court wraps up business today with four final rulings. Two of the cases involve the First Amendment, including a decision on Arizona’s campaign finance law. Next week Heritage hosts the annual “Scholars and Scribes Review the Rulings” on July 6 at 10 a.m. Click to RSVP or … More