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  • Entitlements, Taxes & Spending

    Chart of the Week: Defense Budget Cuts Gamble with National Security

    The third and final presidential debate between President Obama and former Governor Mitt Romney will feature several different questions on the role of America abroad and other aspects of foreign policy. Obama and Romney will likely address the nation’s impending spending crisis and automatic defense budget cuts, known as sequestration. … More

    10 Things About Obamacare That Just Don't Make Sense

    Obamacare includes many disastrous consequences for America’s health care system. Contributing to the impending mess are these 10 provisions that clearly elude common sense. Expanding a program that one in three doctors won’t accept. Obamacare expands a broken Medicaid program that already faces a severe access problem: One out of … More

    INFOGRAPHICS: Federal Spending by the Numbers 2012

    Several key questions still remain to be asked of President Obama and Governor Mitt Romney during tonight’s debate. Among them: What would each of them do to reduce the growing burden of federal spending on American households? In 2012, the federal government spent $29,700 per American household. Of that amount, … More

    Morning Bell: "60 Minutes" Contrast Between Romney, Obama on Entitlements

    The official, head-to-head debates begin next week, but Sunday’s “60 Minutes” appearances by President Barack Obama and Governor Mitt Romney (R-MA) provided a contrast in the ideas offered on the nation’s entitlements and spending crisis. For his part, the President punted on a serious question about the nation’s concern over … More

    Obama Ducks Responsibility for Washington's Spending Binge

    In a recent “60 Minutes” interview, host Steve Kroft primed President Obama with this statement: “Most Americans think we’re spending too much money.” To which Obama uttered a contemplative “Mm-hm.” An understatement, indeed. The nonpartisan Congressional Budget Office estimates that federal spending will reach $3.56 trillion, or about 23 percent … More

    Chart of the Week: 70% of Spending Goes to Dependence Programs

    Federal spending concentrated on the 47 dependence-creating government programs that include housing, farm subsidies, and entitlements now comprises more than 70.5 percent of total federal expenditures as of 2010, according to Heritage’s Index of Dependence on Government. This represents the fourth year in a row that the Index of Dependence … More

    Socialist Austerity in France

    Francois Hollande won election to the French presidency by promising that more government spending would lead to quick economic growth. He sharply criticized the “austerity”—i.e., sudden spending cuts—proposed by his opponent. A few months later, Hollande has come full circle. In addition to a tax increase that has wealthy French … More

    Morning Bell: Government Dependency Rises As Number of Taxpayers Declines

    The leak of a video featuring former Governor Mitt Romney (R-MA) has sparked debate about government dependency and the number of people in the United States who do not pay federal income tax. In the video, Romney refers to “47 percent” of Americans and says that they are “dependent upon … More

    Dependence on Government vs. the American Dream

    Mother Jones has opened a broad debate about the role of government in our society. In a clandestine tape recorded in May and obtained by the magazine, former Governor Mitt Romney (R-MA) remarked that 47 percent of taxpayers pay no federal income taxes. He notes, among other things, the increase … More

    Chart of the Week: Sequestration Reduces Defense as Budget Priority

    The Obama Administration released its sequestration report more than a week late, but other than a 9.4 percent reduction in discretionary national defense funding, there are few other details, according to The Heritage Foundation’s Brian Slattery. He describes President Obama’s own budget request as one that would “dramatically shrink” the … More