Yesterday, the Congressional Budget Office (CBO) reported that without a doubt, America will have a fresh recession next year unless Congress and the President prevent it. We are facing the largest tax increase in history—Taxmageddon, scheduled to take effect January 1—and what experts are calling a “fiscal cliff” of sharp …
The Obama Administration sure is getting defensive about its recent action to waive all work requirements in the Temporary Assistance for Needy Families (TANF) cash welfare program. But this isn’t the first time or the first program in which Obama Administration policy has undermined work requirements. The welfare reform of …
Budget Sense, a bi-weekly newsletter from The Heritage Foundation, delivers the most recent developments in the struggle to bring America’s fiscal house in order and save the American Dream. Each issue of Budget Sense features the latest work from Heritage experts giving timely information, commentary, and analysis on the issues …
The U.S. Department of Agriculture appears to be on a mission to recruit food stamp participants. Radio advertisements, Spanish telenovelas (soap operas), and reaching across the border to partner with Mexico are some of the highlights of their advertising campaign. This, along with massive growth in program spending, indicates critical …
A new study conducted by Ernst and Young proves conclusively that the President’s tax increase would be devastating to the economy and jobs. The study finds that, if Congress misguidedly adopted President Obama’s plan to raise taxes on job creators by allowing the Bush-era tax policies to expire for incomes …
Earlier this week, the Obama White House criticized Members of Congress for examining the effects of the $1.2 trillion in automatic spending cuts scheduled to kick in next year. Instead, the Administration said it would prefer that lawmakers turn their attention to longer-term deficit reduction proposals. But this is not …
The farm bill is currently making its way through the Senate amidst heated debate. But don’t let the title fool you. Nearly 80 percent—of the bill’s spending goes toward the nation’s fastest growing welfare program: food stamps. Since 2000, the cost of food stamps (now known as the Supplemental Nutrition …
The latest installment in a National Public Radio (NPR) series considers how entitlement programs impact Americans’ opportunities. This is a welcome discussion, because growing entitlement spending threatens the American dream for people of all generations. Spending on the three main entitlement programs—Medicare, Medicaid, and Social Security—is projected to double as …
“What Mr. Walker and his backers are trying to do is to make Wisconsin—and eventually, America—less of a functioning democracy and more of a third-world-style oligarchy.” New York Times columnist Paul Krugman was more theatrical than most in denouncing Act 10, the set of public-sector reforms signed by Wisconsin Governor …
