• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • deficits

    Fighting Social Security Reform Is the Worst Thing Lawmakers Can Do for Seniors

    When the next Congress arrives in Washington, Members will need to get to work to reduce runaway government spending. One area that has been identified as a good place to start—especially as the National Commission on Fiscal Responsibility and Reform prepares to give its recommendations on deficit reduction next month—is … More

    Setting the Record Straight: Spending Cuts

    The Heritage Foundation favors far-reaching reforms of our Federal Government’s spending, including with respect to entitlements. The ever-growing, out-of-control entitlement culture fosters dependency instead of self-reliance.  At the same time, the Federal Government takes and spends an ever-growing portion of the wealth of this Nation, and spends the money of … More

    Bigger Government and More Spending? America Isn’t Buying It

    Still in the midst of a recession, the United States finds itself at a crossroads regarding which path will lead to economic growth and job creation. There are two choices: further government involvement and a stronger role for Washington—accompanied by higher taxes and heavier regulation—or the path of less government, … More

    Podcast: Your Tax Dollars and Congress' Spending Spree

    Runaway government spending has been a vocal concern of the burgeoning Tea Party movement since its inception. But many average voters don’t know a lot about the federal budget and how it works, outside of the fact that it’s out of control. In this week’s Heritage in Focus podcast, Brian … More

    Social Security in the Red

    In February, we reported that in 2010, Social Security would start running deficits in 2010.  Well, Social Security deficits have officially arrived, as analyst Michael Barone lays out in the Washington Examiner: Social Security tax receipts for the first half of 2010: $346.9 billion; Social Security benefits payments for the … More

    A Humorous Look At The World Economy

    There’s nothing funny about the state of America’s finances, or those in even more dire straights in Europe. Greece has lined up a bailout from other European countries and the International Monetary Fund. The European Union has announced a trillion dollar defense fund to ward off attacks on the Euro … More

    Osama bin Laden Wants to Cut Wasteful Spending?

    Yesterday, the House voted down a provision introduced by House Republican Whip Eric Cantor (R-VA) to cut a 2009 welfare expansion program. The introduction of this spending cut was a part of a new program by Cantor’s office called “You Cut”. The programs offers a website where Americans can go … More

    Check Out the 2010 Budget Chart Book--New and Improved!

    The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.

    The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures. More

    Lower Taxes Vs. Growing Entitlements - That is the Question

    The United States has set itself on a path of unsustainable debt levels with little political prospect to implement the policy mix that will turn this tide. What America needs is a government committed to generating real and sustainable economic growth and a real lowering of the fiscal deficits through … More

    Obama Misdiagnoses Source of Deficits

    President Obama says he wants to reduce America’s record trillion-dollar deficits. Too bad he hasn’t even correctly diagnosed their cause. During his State of the Union Address, the president asserted: “At the beginning of the last decade, America had a budget surplus of over $200 billion. By the time I … More