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    10 Myths About the Obamacare Medicaid Expansion

    As Obamacare’s Medicaid expansion is being debated in the states, many myths are being perpetuated by its advocates. Here, Heritage provides the research to debunk such myths: 1. Myth: Expanding Medicaid is “free money” for the states. Reality: The expansion adds an estimated $638 billion in new government spending from … More

    Morning Bell: Jim DeMint on the Senate's Flawed Immigration Plan

    Since the birth of our nation, the United States has recognized the vital role of lawful immigration, as it brings important economic and cultural benefits. We have always been, and will continue to be, a nation of immigrants. We are also a nation of laws. The “Gang of Eight” bill … More

    National Financial Capability Month: Is President Obama Setting a Good Example?

    Last week, the President declared April 2013 National Financial Capability Month in an effort to encourage Americans to budget responsibly. This is a commendable goal. However, with the President’s budget more than two months late, it’s worth considering how the President is managing the nation’s finances: He grew the national … 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

    Don’t Be Fooled - Trade Deficits Are Just Fine

    There is a major misconception in the United States concerning the balance of trade and jobs. Many equate trade deficits and increases in imports as bad for employment. They could not be more wrong. In fact, higher imports are a signal of prosperity and plentiful jobs. When a country’s economy … More

    House vs. Senate Budget: What a Balanced Budget Looks Like (CHART)

    This week, the budget committees of both chambers of Congress released their budgets ahead of President Obama’s budget—marking the first time in 92 years that Congress kicked off the budget process instead of the President. The House budget, under the helm of Chairman Paul Ryan (R–WI), delivers a balanced budget … More

    Senate Democrats Want Unnecessary $1.5 Trillion Tax Increase

    It has been nearly four years since the last time the Senate passed a budget. In that time, it hasn’t as much as proposed a budget. That at long last changed yesterday when Senate Budget chairwoman Patty Murray (D–WA) released a budget plan for next year. Now that the Democrats … More

    Debt Drag: Krugman, Konczal Miss the Point

    On their respective blogs, economists Mike Konczal and Paul Krugman criticize the widely cited finding that a nation’s debt above 90 percent of its gross domestic product (GDP) slows economic growth. They presume that the limitations of one study by Carmen Reinhart and Kenneth Rogoff mean that its warning can … More

    Sequestration: Much Larger Spending Cuts Needed to Balance the Budget

    Sequestration, the set of automatic spending reductions set to hit on March 1, barely makes a dent in federal spending over the next decade. Much larger spending cuts are needed to rein in growing spending and debt and avoid a debt crisis. Federal spending is projected to grow from $3.6 … More

    In Congress, a Welcome Desire for "Regular Order"

    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 … More