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  • Entitlements, Taxes & Spending

    Online Chat on our Fiscal Future

    Join our “Lunch with Heritage” chat from 12-1 ET. We are taking questions about the growth of entitlement programs and how they affect our  fiscal future. We will be joined by Research Associate Kate Nix, one of the co-authors of the 2011 Budget Chart Book which graphically illustrates the unsustainable … More

    PODCAST: Taxes on the Rich

    In a timely Heritage in Focus, Heritage expert Curtis Dubay discusses part of President Obama’s budget proposal to raise taxes on the wealthy – those earning over $250,000. The president’s budget this year is $3.6 trillion. Confiscating every single penny from every income earner making more than $114,000 – everyone … More

    “Improper” Entitlement Payments: Why What GAO Found Matters to National Security

    In her testimony before Congress last month, Kathleen M. King, Director of Health Care at the U.S. General Accountability Office (GAO), reported “improper payments” under the Medicare and Medicaid programs amounting to almost $70.5 billion for fiscal year 2010. According to the GAO, any payment was labeled “improper” if it … More

    Debt Crisis Begs the Question: "Are We Citizens or Subjects?"

    There are two sides to our federal debt crisis—an economic one and a civic one—and both demand attention. As lawmakers in Washington focus their attention on the budget, they would be wise to remember the policy objectives behind their necessary reforms. They must ask: Are we a nation of citizens … More

    American Delusionalism?

    Like an eager kid who desperately wants to be included in his cooler older brother’s activities, America looks to the European Union for cues on sophisticated governance. But what happens when that cooler older brother is middle-aged, unemployed, and still living in your parents’ basement? This is America’s dilemma. Will … More

    America's Decline: Not a Given

    Critics of America’s traditional style of leadership seem to have once again adopted a narrative of America’s inevitable decline. Drawn-out wars, China’s rising influence, and a crushing national debt are seen as kryptonite to the world’s sole superpower. The challenges these issues pose to American influence in the world is … More

    Cutting Defense Can't Balance the Budget

    The roaring debate over the budget has flooded Congress with proposals and counter-proposals aimed at lessening the gaping hole between federal revenues and expenses. Almost every part of the federal budget, including defense, has been targeted under various plans. But cutting defense spending doesn’t fix the problem. It doesn’t even … More

    Guest Blogger: Saving Our Nation From Debt

    Uncle Sam is spending you into the poorhouse. Taxes, inflation, unemployment, interest rates – all could skyrocket if Washington keeps spending trillions of dollars it doesn’t have. Unless we begin to cut spending now (a lot of spending) these four horsemen of debt will ride roughshod over families and businesses … More

    Supreme Court Is Asked to Strike Down Tobacco Settlement

    Last week the Competitive Enterprise Institute, a Washington-based free-market advocacy group, filed a petition with the U.S. Supreme Court to review the 1998 tobacco Master Settlement Agreement on the grounds it violates federal antitrust laws and is unconstitutional. The tobacco MSA is the result of 46 state attorneys general striking … More

    Morning Bell: Get To Work On Spending Cuts

    On October 15, 2008, well after the financial collapse had begun, President Barack Obama promised the American people during the third presidential debate: “What I’ve done throughout this campaign is to propose a net spending cut.” The verdict is out on how many Americans believed President Obama then, but the … More