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    Most Small Businesses Burdened by Costly Tax Preparation Process Support Tax Reform

    Small businesses are increasingly burdened with tax preparation costs, with a majority spending over a week per year on federal tax preparation and thousands of dollars on external accounting firms, according to the National Small Business Association’s (NSBA) 2014 Taxation Survey released last week. According to the report, “the current … More

    The Ryan–Murray Budget Deal: Unnecessary Pain for Americans

    The controversial budget deal reached by Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) has been criticized by experts on both sides of the issue for delaying needed budget reforms. Romina Boccia, Heritage’s Grover M. Hermann Fellow in Federal Budgetary Affairs, discussed the deal with Obama’s car czar Steven … More

    Poll: 65 Percent of Americans Think Congress Can Find More Spending Cuts

    As the Senate prepares to take up the new House-passed budget that undoes sequester cuts and increases spending, a clear bipartisan majority of American voters—65 percent—“firmly disagree[s] that ‘there are no more cuts to make’ to federal spending,” according to a recent poll conducted by the Tarrance Group. The poll, … More

    Budgets, Abortion, and Obamacare: 9 Things House Conservatives Said Today

    The Murray-Ryan budget surfaced Tuesday night, and led the conversation between House conservatives this morning at The Foundry’s Conversations With Conservatives. Missed the event? We’ve compiled an exclusive list of some of their comments below. On the Murray-Ryan Budget Deal: Representative Mick Mulvaney (R-SC): Now we’ve raised the debt ceiling over … More

    Heritage Expert Analysis on the Ryan–Murray Budget Deal

    Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) forged a budget deal without even trying to address the key drivers of spending and debt in a meaningful way. Instead, the deal increases spending immediately while delaying deficit reduction until later and trades some spending cuts for more revenue. Below … More

    What Do Some Conservatives Think of the Ryan-Murray Budget? Top Tweets

    Conservative Members of Congress gathered Wednesday to talk with national press and bloggers about the Ryan-Murray budget and Obamacare, amongst other issues. Missed out on the live event hosted by Heritage? Don’t worry. You can watch the conversation here and read some of the top tweets below. When the deal … More

    3 Things You Need to Know About the Congressional Budget Deal

    Many had high hopes that the first budget conference in four years would make a substantial down payment toward fixing the U.S. spending and debt crisis. The new “Bipartisan Budget Act” thoroughly disappoints. While we dig through the details for a more complete assessment, here are three key facts on … More

    Look Closer: Tax Increases, Not Spending Cuts, Are the Harmful Austerity

    Proponents of government spending want to use the recent history of Europe as evidence that spending cuts are harmful, but their arguments lose traction when one looks closely at the data. One example comes from Paul Krugman, who used the International Monetary Fund’s Fiscal Monitor data to argue that “austerity … More

    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

    White House Report Ignores That We Need a Better Economy, Not Amnesty

    The White House yesterday released a report with state-by-state projected impacts from “commonsense immigration reform” that is “like the Senate bill.” It is the latest in a series of reports from various governmental and private firms that show that the economy will be bigger with increased immigration. On its face, … More