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  • Debt Ceiling

    Even the Fakery is Fake: Joint Committee is Not Required to Recommend $1.5 Trillion in Deficit Reduction

    The “Budget Control Act of 2011″ (BCA) contains provisions for a joint committee of Congress, whose supposed job it is to make recommendations to reduce the deficit by $1.5 trillion.  But the legislation does not require the joint committee to do that job.  It is merely a “goal” of the … More

    President’s Debt Ceiling Agreement A Raw Deal for National Security

    This week, President Obama celebrates both a birthday and (maybe) a budget deal. The second looks to hardly to be a cause for celebration. Obama has worked hard to ensure a deal that leaves open the prospects for deep defense cuts. As the debate has progressed, the President’s antipathy toward … More

    Morning Bell: Liberals Force Choice Between Economic and National Security

    Put the security of the nation at risk or raise taxes. This is the sour “deal” liberal lawmakers are offering in exchange for insufficient spending cuts, according to reports of this weekend’s debt negotiations in Washington. The framework that Republicans and Democrats are close to approving would raise the debt … More

    Washington in a Flash: Politicians Agree to a Deal, Not a Solution

    Lawmakers in both houses of Congress are moving quickly to vote on the latest debt-limit deal — a plan agreed to Sunday night by President Obama and congressional leaders. Republicans and Democrats negotiating the agreement hailed it last night, but conservatives are less than impressed by the plan. Sen. Mike … More

    Morning Bell: Struggle to Solve Debt Limit Crisis Goes On

    Last night, the House of Representatives was set to vote on House Speaker John Boehner’s (R–OH) plan to raise the debt ceiling, as the projected August 2 deadline looms. Failing to round up enough votes to secure the bill’s passage, House Republicans closed up shop for the night and are … More

    Washington in a Flash: House Leaders Look for Votes on Boehner Debt Plan

    Unable to secure the votes needed to pass Speaker John Boehner’s (R-OH) debt plan, House GOP leaders first delayed then canceled a vote on the Budget Control Act last night. The House could take up the measure today, but many conservatives and Tea Party activists remain strongly opposed to the plan. All eyes … More

    The Truth about Obama’s Budget Deficits, in Pictures

    Through the fog of the debt limit negotiations, President Obama has attempted to shift the blame for America’s deficit crisis to politicians at large, claiming that “neither party is blameless for the decisions that led to this problem.” Though the culture of overspending is endemic in Washington, don’t let the … More

    Harry Reid and the Chamber of No

    Washington is boiling, and it’s not just the temperature. Dueling debt ceiling proposals, presidential veto threats, and heated rhetoric between and among parties have political tempers flaring, while the President’s rhetoric is seemingly designed to bring the markets to a full-throttle meltdown. House Speaker John Boehner’s (R–OH) debt-ceiling plan sparked … More

    PODCAST: Debt Deal or Not?

    In this week’s Heritage in Focus podcast, Heritage Action for America CEO Mike Needham discusses the latest on the debt negotiations. Listen to the full interview, here. With the shadows of default looming, what’s the likelihood that Congress strikes a deal? Are there any positive options? Furthermore, what’s the conservative … More

    Reid’s Sleight-of-Hand Debt Ceiling Plan Guts Military

    Senate Majority Leader Harry Reid (D–NV) introduced legislation to raise the debt ceiling this week. In evaluating his plans for future government spending, it becomes clear that budgeting for prudent defense is considered just another line item. While Americans intuitively know that national security is unlike any other category of … More