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    U.S. Hits Debt Ceiling, but Default Is Completely Avoidable

    May 19, 2011 at 3:20 pm

    3 Comments

    U.S. Capitol

    Now that the U.S. hit its $14.3 trillion debt ceiling on May 16 and the doomsday predictions of the financial apocalypse that was going to tank the economy failed to materialize, the question remains: How should Congress respond? Congress has until August 2 to respond. It could raise the debt … More

    VIDEO: Rep. Paul Ryan Addresses the Debt Crisis

    May 17, 2011 at 4:56 pm

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    In a speech at the Economic Club of Chicago yesterday, Rep. Paul Ryan (R-WI) laid out his “Path to Prosperity” 2012 budget proposal. Ryan also discussed how the U.S. government reached its big-spending tipping point: By the end of the decade, we will be spending 20 percent of our tax … More

    The Speaker’s First Step on the Journey Toward “Saving the American Dream”

    May 10, 2011 at 12:12 pm

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    Speaker John Boehner

    Conservatives have a clear objective: to drive down government spending and debt, protect America, and balance the budget without raising taxes. In New York City last night, Speaker of the U.S. House of Representatives John Boehner (R–OH) outlined in remarks about the debt limit a useful first step to take. … More

    Morning Bell: Saving the American Dream

    May 10, 2011 at 9:14 am

    77 Comments

    Fellow Americans: Today, I am excited to announce the release of The Heritage Foundation’s comprehensive agenda that sets a new course for the size and scope of the federal government. The new report, “Saving the American Dream: Heritage’s Plan to Fix the Debt, Cut Spending, and Restore Prosperity,” lays out … More

    Online Chat on our Fiscal Future

    May 5, 2011 at 6:00 pm

    1 Comment

    Join our “Lunch with Heritage” chat from 12-1 ET. We are taking questions about the growth of entitlement programs and how they affect our  fiscal future. We will be joined by Research Associate Kate Nix, one of the co-authors of the 2011 Budget Chart Book which graphically illustrates the unsustainable … More

    In Pictures: 2011 Budget Chart Book Illustrates Our Fiscal Future

    May 2, 2011 at 3:50 pm

    8 Comments

    America’s financial future is at a crossroads.  While Congress debates the right path to balance the budget and restore order to the nation’s fiscal house, now more than ever, citizens must understand the problem and what is at stake. The Heritage Foundation’s special preview of the 2011 Federal Budget Chart … More

    Bipartisan Policy Center’s “SAVEGO” Is a Free Pass to Tax Hikes

    April 22, 2011 at 11:37 am

    6 Comments

    Higher taxes = less revenue

    It seems everyone except President Obama is presenting a detailed plan for dealing with our nation’s rapidly growing debt these days. The latest entry comes from the Bipartisan Policy Council. One feature of their plan, “SAVEGO,” calls for automatic spending cuts and higher taxes should Congress not reduce the debt … More

    What the S&P’s Warning on Spending Means for America

    April 19, 2011 at 11:15 am

    8 Comments

    United States government, be forewarned: Your credit won’t always be good if you fail to get control of the debt while keeping up your big-spending ways. And merely raising the debt limit won’t be enough to solve your problems. That was the message delivered yesterday by Standard & Poor’s (S&P) … More

    Morning Bell: Framing The Debt Limit Debate

    April 18, 2011 at 9:30 am

    76 Comments

    In May, Congress will begin debate on our nation’s debt limit. The debt limit is an alarm bell built into our nation’s laws, which forces members of Congress to confront out-of-control spending when our debt reaches a certain level. Five times in the last four years, we have ignored this … More

    Debt Crisis Begs the Question: “Are We Citizens or Subjects?”

    April 4, 2011 at 1:30 pm

    8 Comments

    U.S. Capitol

    There are two sides to our federal debt crisis—an economic one and a civic one—and both demand attention. As lawmakers in Washington focus their attention on the budget, they would be wise to remember the policy objectives behind their necessary reforms. They must ask: Are we a nation of citizens … More

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    The Morning Bell
    Ed Meese: We’ve Seen the Effect of “Amnesty” BeforeExperts can’t always predict exactly how public policy will affect the nation, despite our best efforts. But when it comes to immigration policy, we have tried many of the types of reforms advocated by today’s Gang of Eight—so we should consider the effects these reforms had in the past. In … MoreMore
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