• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • discretionary spending

    A Path to Balance in Five Steps: What to Look for in the Ryan Budget

    The House Budget Committee will deliver its budget resolution—which would eliminate the deficit within 10 years—ahead of Congress’s statutory deadline of April 15. The Senate, on the other hand, has already announced that it would not bother producing a budget this year, relying instead on the Ryan–Murray budget deal struck … 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

    Why We Need to Reform the Budget Process

    In a new paper, “Why Congress Needs a New Budget Process,” Heritage’s Patrick Louis Knudsen documents the historical breakdown of the budget process and exposes the fundamental flaws in the process itself. These flaws, he notes, call for a new process that not only compels lawmakers to produce timely and … 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

    Ryan, Murray Announce Budget Deal as Conservatives Voice Disappointment

    The chairmen of the House and Senate budget conference committee reached a deal Tuesday night on a plan that would avert a government shutdown but leaves many conservatives disappointed with additional spending and revenue increases. “The budget conferees failed to make substantive reforms to the real drivers of spending and … More

    Debt: Seven out of 10 Voters Think the U.S. Is on the Wrong Track

    A recent Peterson Foundation poll showed that 70 percent of registered voters believe that the country is on the wrong path when it comes to addressing the debt. This is just the latest indication that Americans are increasingly pessimistic about the nation’s financial future. The poll, which also shows that … More

    Just One Dollar Less: Why Washington’s Budget Will Be $150 Billion More in 2014

    What would happen if lawmakers took this year’s budget, subtracted $1, and made that the budget for next year? Let Freedom Ring made this video asking policymakers to do just that: If lawmakers did this, they would need to cut the 2014 budget by nearly $150 billion. That’s right: Federal … More

    Americans Want Solutions, Not Procrastination on Debt, Budget Crisis

    Nearly two-thirds of Americans polled by Bloomberg answered that “it is right to require spending cuts when the debt ceiling is raised…because Congress lacks discipline on spending.” Their voices were not heard by Congress as it signed its terms of surrender. In the final hours before October 17—the alleged day … More

    Democrats Threaten Government Shutdown If They Don’t Get More Spending

    While much of the debate over government funding has centered around funding for the President’s unworkable health care law, Democrats’ appetite for more unnecessary federal spending has gotten much less attention. Democrats in the House are demanding more discretionary spending and have openly stated that they would prefer a government … More

    While Debt Crisis Looms, Washington Still Focused on Undoing Sequestration

    Lawmakers are on track to bargain away the one spending cut they got. The Washington Post reports that President Obama and a group of Republican Senators stalled on a budget deal on Thursday that revolved in part around the question of how to best renege on sequestration. Republicans want to … More