Yesterday, the U.S. national debt passed $16 trillion. On President Barack Obama’s watch, the debt has increased by 50 percent, as campaign promise after campaign promise has drowned in a sea of federal spending. When he was running for President, Obama condemned George W. Bush for adding $4 trillion to …
Entering the final stretch of the presidential contest, Americans are facing a monumental choice. The American people will decide the direction of government and its role in their lives for the coming years. The debate in Tampa this week raised a number of issues, including preserving the American dream of …
Each semester, we bring together more than 60 young leaders from across the country to participate in our internship program in D.C. They are given the opportunity of practical experience working on policy research, marketing, and business, and training in communication skills like blogging and public speaking. They learn about America’s …
Budget Sense, a bi-weekly newsletter from The Heritage Foundation, delivers the most recent developments in the struggle to bring America’s fiscal house in order and save the American Dream. Each issue of Budget Sense features the latest work from Heritage experts giving timely information, commentary, and analysis on the issues …
The stopgap spending agreement reached by House and Senate leaders may be the only way Congress will escape a post-election “lame duck” showdown over funding government agencies. It also presumably helps clear the agenda so Congress can focus on Taxmageddon and the scheduled defense-devastating sequestration—two other major fiscal problems lawmakers …
Understanding what Washington is up to is as simple as one-two-three: 1. Unacceptable Choices Under President Obama’s leadership, Americans have been presented two unacceptable choices. For Washington to continue to pay its bills under the limitations of the Budget Control Act of 2011 (BCA), which the President signed into law, …
Even by U.S. government standards (not a high one these days), the State Department’s budget process is a mess. In almost every budget cycle, billions and billions of hard-earned taxpayer dollars get allocated to the State Department in the last minute without proper congressional debate or substantive hearings. As a …
The President and his team have been blaming “European headwinds” for some of the U.S. economy’s woes. But the truth is that the policies pursued by Washington and Athens are frighteningly similar—and the outcomes are not good for either country. Both countries are in need of comprehensive fiscal reforms, yet …
Heritage recently released the 2012 Federal Budget in Pictures. It graphically illustrates the direction our country is headed under current policies. Click here to join us right now for our “Lunch with Heritage” online chat. We are joined by Heritage’s Alison Fraser and she is taking your questions about the …
