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  • economic stimulus

    Obama's Budget vs. Obama's Stimulus

    George Will writes today: The administration insists that it really does have a single priority: Everything depends on fixing the economy. But it also says that everything depends on everything: Economic revival requires enactment of the entire liberal wish list of recent decades. The implausibility of this opportunistic hypothesis is … More

    One (Small) Reason For Optimism at the G20 Meeting

    The European Union (EU) is once again lecturing America on its economic policies, and thanks to President Obama’s policies and his allies in Congress, the EU is right and America is wrong. Europe, like the United States, is plunging into recession. France saw a stunning 13.8 percent decline in industrial … More

    Governor Sanford on Stimulus Spending: Stop Digging

    Gov. Mark Sanford (R-SC) has written a letter to the South Carolina state legislature explaining his decision to ask President Obama for a waiver allowing him to use federal stimulus money to pay down state debt. From the letter: The reason we think it is not in our best interest … More

    The Global Government Debt Bubble: Local Government Edition

    We’ve warned before that the federal government’s exploding appetite for debt was helping to create a Global Government Debt Bubble. The Obama Administration has even been trying to worsen the problem by lobbying other countries to borrow even more money, despite the fact that our own record borrowing makes their … More

    Memo to Krugman: Please Keep Reading

    In the latest issue of Rolling Stone, New York Times columnist Paul Krugman targets Heritage’s Brian Riedl. In defending the $1.1 trillion “stimulus,” Krugman writes: One last line of attack was the claim that fiscal stimulus, in principle, simply can’t work. You hear this from conservative ‘experts’ like Brian Riedl … More

    The Left's New Talking Point: The $3.27 Trillion Stimulus Was Too Small

    The cratering stock market and accelerated job losses are beginning to shake the left’s confidence in President Barack Obama’s economic policies. But, being the left, they don’t want an actual change from the borrow and bailout policies that have ruled both the Bush and Obama Administrations. Instead they want even … More

    Restoring Welfare Reform

    Congressmen Tom Price (R-GA) and Jim Jordan (R-OH) should be commended for introducing a bill this week that will eliminate a little noted provision passed in the stimulus bill which severely undermines the success of the historic 1996 welfare reform law. H.R. 1277, the Welfare Reform Restoration Act, repeals Section … More

    Morning Bell: It's About the Spending

    Senator Tom Coburn (R-OK) ought to be commended for exposing the left’s commitment to reforming the way Washington does business as nothing more than empty rhetoric. Last night Coburn forced votes on two amendments to the $410 billion omnibus appropriations bill that forced liberal Senators to approve of $10 million … More

    Let Us Read the Bill

    Continuing their fabulous work fighting for transparency in government, The Sunlight Foundation‘s Nancy Watzman has a series of posts up this week asking that Congress afford the American public a mere 72 hours to read legislation before they take it up for consideration. Her first post recounts how terribly President … More

    Live Blogs from The State of the Union Address

    During President Obama’s address to a joint session of Congress last night, Heritage analysts and scholars offered advice and criticism of policies said and unsaid. From Foreign Policy to Nuclear Energy to price controls on the economy, Heritage covered it all: