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  • Entitlements, Taxes & Spending

    Chart of the Week: Medicare Spending Is Main Cause of Runaway Deficits

    Medicare is getting quite a bit of attention lately. And rightly so. Out-of-control entitlement spending contributes directly to long-term federal deficits, which will accelerate over the course of the next few decades, according to Heritage’s Federal Budget in Pictures and figures provided by the Congressional Budget Office. By 2030, Medicare … More

    Heritage Solutions Advance in the Public Debate

    As the public debate over America’s future unfolds, The Heritage Foundation continues to advocate conservative solutions for America. A comparison of the Heritage solutions with former Massachusetts Governor Mitt Romney’s nationally televised address on August 31, 2012, illustrates the extent to which the Heritage ideas have penetrated the public debate. … More

    Heritage Foundation "Cut Government Spending" Goal Gains Ground

    As the public debate swirls over whether and how to limit the size and cost of the federal government, The Heritage Foundation’s longstanding efforts to shrink the government gain ground. In May 2010, Heritage published Saving the American Dream: The Heritage Plan to Fix the Debt, Cut Spending, and Restore … More

    Chart of the Week: Tax Revenues Devoured by Entitlements

    The looming unsustainability of the big three entitlement spending programs—Medicare, Medicaid, and Social Security—is not inevitable, but in order to avoid the catastrophic effects of consuming every bit of tax revenue in just one generation, reform is a necessity. Take a look at Medicare, the largest portion of the projected … More

    Morning Bell: Another Recession Is Imminent

    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 … More

    Obama Administration Already Tossed the Food Stamp Work Requirement

    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 … More

    Washington Needs Budget Sense

    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 … More

    Farm Bill Misses Crucial Food Stamp Reform

    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 … More

    What Taxmageddon Really Means for Families

    Taxmageddon is approaching closer by the day. Much of the focus has been on the impact Taxmageddon will have on the economy. But just how will this massive tax hike impact America’s most fundamental unit of society? Families will see their taxes go up by more than $4,100—just in 2013—because … More

    Ernst and Young: Obama’s Tax Increase Would Kill 710,000 Jobs

    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 … More