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  • Entitlements, Taxes & Spending

    Chart of the Week: The Impact of an Aging America

    Sequestration has taken effect, and yet government spending continues growing. Sequestration’s 2.4 percent reductions are not enough to fix Washington’s spending and debt problem because they do nothing to reform entitlement programs, whose costs will grow rapidly with America’s aging population. As more Americans age and retire, more Americans will … More

    Millennials: How the Debt Impacts Us (VIDEO)

    The growing national debt demands immediate attention and real solutions from America’s elected leadership. That was the message delivered yesterday by a group of young Americans at a press conference with House Budget Committee Chairman Paul Ryan (R-WI) and Representative Cathy McMorris Rodgers (R-WA). “The greatest dysfunction of all is … More

    Morning Bell: Why Should I Care About the U.S. Debt?

    You’re busy. So busy you barely have time to read these words. So why should you care about the us debt? Does it affect your life? Unfortunately, high government debt is having more of an impact on each of us than we realize. Heritage’s Romina Boccia explains that high levels … More

    VIDEO: Dr. Ben Carson Speaks Truth to Power at National Prayer Breakfast

    Yesterday, world-renowned neurosurgeon Dr. Ben Carson presented the keynote address at the 61st Annual National Prayer Breakfast. With President Barack Obama, Vice President Joe Biden, and other national leaders in attendance, Dr. Carson spoke plainly about the great challenges America faces today: “moral decay and fiscal irresponsibility.” “One of our … More

    Eric Cantor Speaks on American Opportunity

    Fiscal cliffs, debt, and unbalanced budgets have made raising a family in America more difficult, but pursing opportunity-oriented policies centered on creating prosperity can turn uncertainty and struggle into hope again. That was the message House Majority Leader Eric Cantor (R-VA) delivered in a speech at the American Enterprise Institute, … More

    Obama's Press Conference: Debt Ceiling Spin

    President Obama referred repeatedly to the debt ceiling debate in today’s press conference in a textbook example of Washington “spin,” or the art of selectively ignoring certain facts while portraying others in a particular light. “You don’t go out to dinner and then, you know, eat all you want and … More

    Chart of the Week: Growth of Government Assistance Adds to National Debt

    More than 41 percent of the U.S. population is “enrolled in at least one federal assistance program,” adding tens of billions of dollars to the national debt each year, according to new research by The Heritage Foundation’s Patrick Tyrrell and William W. Beach. That means that a startling number of … More

    Chart of the Week: U.S. Federal Debt and the Fiscal Cliff

    In just a little over a decade, the U.S. federal debtwill exceed 100 percent of gross domestic product (GDP), an “economically damaging” level, according to analysis from The Heritage Foundation based on numbers provided by the U.S. Office of Management and Budget and the Congressional Budget Office. To the numbers: … More

    Fiscal Cliff: Clinton-Era Spending Levels, Anyone?

    Many are proposing that tax rates for upper-income earners go back to their levels during the Clinton Administration. What you don’t hear is how we can return to Clinton-era spending levels. That would be a real solution to the upcoming fiscal crisis, and the President could lead the way. The … More

    Fiscal Cliff: House Republican Proposal Abandons Core Principles, Gains Little

    The House Republican leadership has offered a substantive counteroffer to President Obama’s frivolous fiscal cliff proposal of last week. At first blush, it appears little more than categorical, pre-emptive capitulation. To be fair, the details of the Republican proposal are extraordinarily vague. Nor is much clarity or comfort gained from … More