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  • Defense Spending

    Senate Majority Leader: “We’re Through” Making Defense a Priority

    Senator Harry Reid (D–NV) made it quite clear that he no longer views defense as a priority: “We are not going to be gamed by having the military programs funded at a much higher level than Head Start program, or the National Institute of Health. We’re not going to do … More

    GDP Report: Government Shrinks, Private Economy Grows

    Last Thursday’s revisions to the first-quarter growth estimates showed little change: Gross domestic product (GDP) had grown at a 2.4 percent rate, not 2.5 percent as reported in the initial estimate. For those who mistakenly equate GDP and “the economy,” this is bad news—and an excuse to kvetch about sequestration. … More

    Morning Bell: 5 Things to Know About the Obama Budget

    President Obama finally released his budget yesterday—more than two months late. Heritage experts immediately went to work analyzing the mounds of new spending on education, manufacturing, “clean energy,” infrastructure, and small business. But the President didn’t stop at more of the same failed stimulus and Solyndra-type policies. He also piled … More

    Budgets in Comparison: Will President Obama’s Budget Save the American Dream?

    When the President’s budget comes out Wednesday, it will complete the last piece of the budget puzzle, as the House and Senate have each duly passed a budget according to law. Never mind that the President’s budget is supposed to lead Washington budget discussions, rather than follow. The key question … More

    Obama Budget Likely to Veil Continued Defense Sequestration

    Tomorrow, President Obama will finally release his overdue budget request, and the next day, the House Armed Services Committee will hold a hearing on that request. The hearing witnesses will be Secretary of Defense Chuck Hagel and Chairman of the Joint Chiefs of Staff, General Martin Dempsey. It appears likely … More

    Heritage’s Response: Blueprint for a Sustainable and Strong Department of Defense

    Yesterday, Secretary of Defense Chuck Hagel gave his first major speech since he was confirmed for the job in February. “The Department must understand the challenges and uncertainties, plan for the risks, and, yes, recognize the opportunities inherent in budget constraints and more efficient and effective restructuring,” he said. Secretary … More

    Obama Tax Hikes Will Balance the Budget (April Fool's)

    In the ongoing debate over deficit reduction, President Obama and his colleagues in the House and Senate incessantly call for tax increases as if our budget problems persisted because of taxes being too low. If only the federal government could usurp more of taxpayers’ hard earned money, the line of … More

    The RSC Budget: A First Look

    The Republican Study Committee (RSC) has proposed a budget that balances in just four years while holding tax revenue at near its historical average. It advances more aggressive entitlement reforms than the House Budget Committee plan, including Social Security, and features deeper spending cuts. Nevertheless, the plan also suffers weaknesses, … More

    Strong Defense and Fiscal Responsibility: It’s Possible

    Public perception may be that the sequestration cuts to the defense budget is about eliminating waste and inefficiency in the Department of Defense (DOD). In reality, sequestration will result in the loss of military capabilities. Then-Secretary of Defense Leon Panetta acknowledged in a January press conference that of the Obama … More

    Sequestration Will Make the U.S. Less Safe, Despite CATO’s Claims to Contrary

    A February 26 article by CATO Institute Analyst Christopher A. Preble wrongly asserts that the imposition of automatic spending cuts, called sequestration, will not make the U.S. less safe. In fact, these reductions, which come on top of reductions to the defense budget that are already being made, will not … More