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 …
Bob Greenstein of the Center on Budget and Policy Priorities claims that the Boehner budget is a form of “class warfare.” He says that “if enacted, it would produce the greatest increase in poverty and hardship produced by any law in modern U.S. history.” What Greenstein disingenuously fails to acknowledge …
Rep. James Lankford (R-OK) said his office is fielding significantly more phone calls today following President Obama’s prime-time plea last night. But many constituents are relaying the opposite message from what Obama asked them to deliver on the debt-limit debate. My phone started lighting up last night. Both Twitter, Facebook, …
Americans tuning in last night to watch President Barack Obama’s primetime address from the East Room of the White House might have thought they stumbled upon yet another re-run from the networks. Instead of hearing news that Washington finally broke the debt ceiling stalemate, viewers were treated to more of …
It’s hard to understand why President Obama took to the airwaves tonight at prime time. He still has no plan for dealing with government overspending and overborrowing, and he gave the nation very little except a repetition of his never-ending call for tax hikes. In noting the risk of ever-increasing …
As the day debt ceiling of reckoning fast approaches, dueling proposals are flurrying around Washington fast and furious. The latest two are from House Speaker John Boehner (R-OH) and Senate Majority Leader Harry Reid (D-NV). Americans, and global financial markets, are watching Washington nervously for a real plan—one that will put the …
In this week’s Heritage Libertad Radio Show on WBER in Fairfax, Virginia, we packed in a solid hour of the latest news and information. The first half is in Spanish, covering topics from the debt ceiling to the Latino community, and includes an interview with Congresswoman Ileana Ros-Lehtinen (R–FL). The …
Conservatives have a clear objective: Debt limit legislation should drive down federal spending on the way to a balanced budget, while preserving the ability to protect America, and without raising taxes. The plan suggested by Speaker of the House John Boehner fails to meet that objective — indeed, it sets …
Want some perspective on the debt ceiling negotiations and calls for tax increases in exchange for spending cuts? You might want to consider a cautionary tale dating back to 1982 when President Ronald Reagan agreed to a deficit-reduction compromise—and a result he didn’t bargain for. Former Attorney General Edwin Meese …
