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    Chart of the Week: Tax Burden Is Rising to Highest Level in History

    President Obama will meet with congressional leaders tomorrow to resume talks on the debt limit. The rare Sunday meeting between top Republicans and Democrats could signal the start of “hard bargaining” after Thursday’s debt talks left the parties far apart. While Democrats want tax increases on the table in debt negotiations, Republicans … More

    Top 10 Reads: July 8, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. The Debt Ceiling and the Constitution – Stephen Moore Of Pork and Trade – Investor’s Business Daily In Search of a Silver Lining – Rea Hederman For Americas 99ers, jobs crisis … More

    Top 10 Reads: July 7, 2011

    Catching you up on clips, commentary and news of the day. Sign up for the daily email update from Scribe. Addicted to subsidies – Derek Scissors Health-care legislation will take millions off the tax rolls – Brian Blase & Paul Winfree Tax hikes not needed to balance budget – Curtis Dubay … 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

    Lunch with Heritage Online Chat on the Debt

    Click here to join the chat! We are joined by Heritage’s Senior Fellow in Government Studies, Brian Darling and he is taking your questions about the next steps Congress and the President can take to reach a deal and what the best options to take are. Use the form to … More

    How Much Do We Owe? That’s the $62 Trillion Question

    Earlier this month USA Today splashed a headline on its front page that declared: “U.S. owes $62 trillion.” I wrote a couple blog posts about it — one on the alarming size of the number and another on its juxtaposition with the Anthony Weiner story. It turns out this number — a … More

    How the Debt and Economy Are Reshaping Millennials’ Life Choices

    America’s sluggish economy and mounting debt threaten to change the very fabric of our country as young people delay major life changes. New polling released by the upstart Generation Opportunity reveals the dramatic consequences facing America as the Millennials grow older. A staggering 77 percent of Americans age 18–29 say … More

    Morning Bell: Pictures of America’s Fiscal Nightmare

    There’s urgency in Washington to fix a problem that’s been a long time coming: America’s fast track to fiscal implosion. In The Heritage Foundation’s just-released, expanded 2011 Budget Chart Book, you can see just how bad the country’s spending problem is and how America racked up so much debt. Congress … More

    Slay the Beast: How You Can Save Us From the Massive Debt

    RALEIGH, NC — There’s a lot of talk in Washington these days about debt — and for good reason. The federal government reached the $14.3 trillion debt ceiling one month ago today. And the Obama administration has set a date of Aug. 2 for Congress to raise that limit. Why … More