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  • Entitlements, Taxes & Spending

    Trigger Lock! Democratic House Rules Thwart Fiscal Responsibility

    Two days into the new Congress, the majority has signaled they are unlikely to take their promise of fiscal discipline seriously. House democrats have turned off the Medicare trigger under the rules package for the 111th Congress, which means they are unlikely to even debate entitlement policy, let alone engage … More

    Morning Bell: Obama's Net Spending Cut Promise

    Earlier this week the Treasury Department released its 2008 Financial Report of the U.S. Government. According to the report, while government revenues stayed relatively flat, increasing only 1%, the government’s net operating cost more than tripled from the prior fiscal year. The report warns: “In both the near and long … More

    Lies, Damned Lies, and…the Undeniable Truth

    Most people are skeptical about statistics, claiming that mathematically-minded people just bend numbers to their will. But when it comes to long term budget projections, economists from the left, right, and center all agree we on an unsustainable course, and that the entitlements—Social Security, Medicare, and Medicaid—are the main driver … More

    Bell Ringers

    A Round-up of Op-Eds by The Heritage Foundation Financial Forensics – Ed Feulner Yet Fannie and Freddie evaded attempts to regulate them. A big reason is that they cultivated powerful friends in Congress, such as Sen. Christopher Dodd, D-Conn. As chair of the Senate banking committee, he pocketed more than … More

    5 Misconceptions About the National Debt

    There is a lot of information about the national debt, but misconceptions cloud the debate. There are five common misconceptions about the national debt. This video explains them, as well as why they are not accurate guides to measure the debt. Heritage’s Brian Reidl also mentions the real threat to the National Debt – unfunded entitlement … More

    Morning Bell: Big Government Strikes Back

    ST. PAUL — After two conventions, three cities, 11 days and more than 16 panel discussions, a pretty clear picture emerges on the different directions conservatives and liberals want to take the country. Conservatives recognize we live in a global economy from which we cannot afford to retreat. It’s a … More