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  • Entitlements, Taxes & Spending

    Obamacare Will Decrease the Deficit? Yeah, Right!

    The vote looming in the Senate to raise the debt limit should serve as a wake-up call that federal spending is out of control. Instead, Democratic leadership has tried to convince Americans that passing costly health care legislation is not only sensible, but requisite, and must be done now. Neither … More

    Morning Bell: A Nothing Burger, A Fig Leaf, and a Commission On the Side

    From the President who brought you unaccountable, constitutionally-questionable czars comes the latest innovation in pass-the-buck leadership: a White House executive commission designed to solve the behemoth of a spending problem plaguing the federal government.  Members of Congress have described the commission as a “nothing burger,” a “fig leaf” and “something … More

    Discretionary Spending Caps, A Good First Step

    After quietly increasing the federal debt limit from $12.1 trillion to $12.4 on Christmas Eve, the US Senate is beginning debate today on yet another increase. Hoping to avoid making the skyrocketing debt levels an election issue; this time around they want to pass an increase large enough to feed their … More

    Rethinking Big Government

    As Congress returns to Washington, the crucial decisions that await lawmakers will have enormous financial ramifications for the country for years to come. House and Senate leaders continue their struggle to land a health care bill on the President’s desk this month, even though proposed legislation would add to the … More

    Top Ten Charts of 2009

    The Heritage Foundation’s 2009 Federal Revenue and Spending Book of Charts is one of the most heavily trafficked features on our homepage. Here, by traffic, are the Top Ten Charts of 2009: 10. Federal Spending per Household Is Skyrocketing

    Entitlements Crowd Out Defense Spending, and It’s Only Getting Worse

    Last week’s Wall Street Journal called attention to an issue that most policymakers in Washington don’t want to talk about: President Obama and Congress’ ever-growing welfare state will quickly undermine national security and military strength similar to many European countries. Indeed, declining military strength will limit the choices available to … More

    Shhh…CONGRESS IS RAISING THE DEBT LIMIT

    Congress doesn’t want you to know it, but they are about to raise the debt limit because they’ve spent the full $12.1 trillion allowed on their taxpayer-funded credit card. They’re hoping you won’t notice because they’re trying to sneak the increase into some other “must-pass” measure, such as the upcoming … More

    Representative Paul Ryan Gets It Right On Entitlement Reform

    It is all too common for members of Congress to recognize the problem with entitlement spending, talk about it, but then decide to kick the can down the road, leaving the toughest choices for future generations to make. But Representative Paul Ryan (R-WI) has been a long-time advocate of paving … More

    10 Democrats Stand Up for Fiscal Discipline--Will Leadership Follow?

    Ten democratic Senators recently issued an important call to action for Majority Leader Harry Reid to support efforts to get America’s long-term fiscal imbalance under control. One can only hope Senator Reid listens. As the letter notes, America is already $12 trillion in debt and, in the next decade, will … More

    New Resolution Would Better Enforce PAYGO: Will Democrats Allow a Vote?

    Rep. Ed Whitfield (R-KY) has proposed a novel way to strengthen the House Pay-As-You-Go (PAYGO) rule. PAYGO – which requires that all legislation expanding entitlements or cutting taxes be fully offset – has been exposed an ineffective gimmick. PAYGO exempts discretionary spending increases (which comprise 40 percent of the budget) … More