Federal spending will explode from $3.6 trillion to $6 trillion over the next 10 years, but the much-maligned sequester will cut only 2.4 percent of this spending. Sequestration represents a relatively small cut in projected spending. So why are so many in Washington wringing their hands over a two-and-a-half percent …
As Members of Congress left town last week for the Presidents’ Day break, a refreshing and commendable sentiment followed them: nostalgia for the “regular order” of lawmaking. “Tired of watching as flailing leadership negotiations fail to produce any key legislation,” wrote The Washington Post, “senior lawmakers hope that a return …
The National Small Business Association’s economic report finds, “The growing national debt is the number one thing small businesses thin[k] Congress and the administration should address.” Small businesses employ the majority of American workers and are vital to the innovation that grows the American economy. After a severe recession, the …
Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending, rather than a deliberative plan that sets priorities, trims entitlements, and cuts other spending. But they are law. It would be better to replace them …
When President Obama says he wants “a smarter government that sets priorities and invests in broad-based growth,” he means more government spending. This is why his State of the Union provided a laundry list of new government initiatives that will require new government spending. As Heritage expert Romina Boccia demonstrates …
Yesterday, world-renowned neurosurgeon Dr. Ben Carson presented the keynote address at the 61st Annual National Prayer Breakfast. With President Barack Obama, Vice President Joe Biden, and other national leaders in attendance, Dr. Carson spoke plainly about the great challenges America faces today: “moral decay and fiscal irresponsibility.” “One of our …
