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  • Entitlements, Taxes & Spending

    Rescission is No Substitute for Real Entitlement Reform

    Today President Obama’s deficit commission met for the second time and the Senate Judiciary Committee held a hearing on the Congressional Accountability and Line-Item Veto Act of 2009, which would give the President greater authority to control federal spending. Heritage expert Alison Fraser testified before the Committee on the likely … More

    The Entitlement Spending Threat to National Security

    David Ignatius’ latest column “How debt imperils national security” could not get the issue of spending and national security more wrong. He starts off fine asserting that there is “consensus among national security experts inside and outside the Obama administration: To play an effective role in the world, the United … More

    The Debt Commission and Obamacare

    The president’s debt commission had its first meeting this week, and all of the talk was of getting serious about putting our fiscal house in order, with everything “on the table” for consideration. There’s no arguing with the need to get serious. According to the Congressional Budget Office (CBO), if … More

    Memo to Deficit Commission: Spending is the Problem

    The President’s deficit commission met yesterday to begin its task to address the mounting fiscal crisis facing the nation.  As we show in our 2010 Budget Chart Book, the estimated federal deficit in 2010 will be $1.54 trillion, and spending on entitlement programs (Medicare, Medicaid, and Social Security) and interest … More

    Morning Bell: The Obama Fiscal Responsibility Farce Continues

    Today President Barack Obama’s National Commission on Fiscal Responsibility and Reform will convene for the first time at the White House. Tasked with making recommendations to Congress that would put the budget in primary balance by 2015 and “meaningfully improve” our nation’s long-term fiscal outlook, the commission meets a little … More

    Americans Have Every Reason to Doubt Social Security Solvency

    A recent poll by Rasmussen shows that 58 percent of Americans lack confidence that they will receive their promised Social Security benefits in their entirety.  The poll showed just 13 percent feel very confident they will receive their benefits. As usual, the sense of the American people is spot-on.  As … More

    McCain Throws Down the VAT Gauntlet

    The capstone of President Obama’s the “Glut the Beast” strategy is to maneuver the country into accepting a massive new Value-Added Tax (VAT).  This as yet unannounced policy has been lurking in dark policy corners for months, with no word from the President.  Senator John McCain (R-AZ) has decided not … 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

    Rep. Paul Ryan: The Way Forward on Health Care Reform

    While President Obama and congressional liberals have yet to come down from the high of passing their historically horrible health care legislation, conservatives are still hard at work promoting health care reform.  This is because with its numerous new taxes, mandates, penalties, regulations, and new role for government, Obamacare can … 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