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. …
A battle is raging within the conservative movement on Capitol Hill whether to shoot at the flag stick or lay up (in golf terms). The battle is between the Balanced Budget Amendment (BBA) versus a statutory spending cap bill. Both factions have good points. The bold, shoot-at-the-flag-stick faction of the …
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 …
All across Western Europe—the land of platinum-plated social benefits, the 35-hour work week, tony retirement plans and government-funded health care—countries are coming to the realization that they can no longer afford these luxuries amid skyrocketing deficits. Yet here in the United States, as we face a $14.3 trillion deficit, some are …
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 …
An editorial headline in today’s Washington Post captured it well: “Late to the Game – Again.” President Obama gave what was billed today as a major speech on fiscal policy. The speech, more a partisan campaign blast than an attempt at non-partisan leadership, comes two months after he released his …
Except in Jeopardy!, questions usually come first, followed by answers. Likewise, when criticizing public policy studies and their underlying methodologies, it typically helps to see the policy study and methodology used before one embarks on criticism. Today at 8:37 a.m. ET, Matt Yglesias of the Center for American Progress’ Think …