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  • Entitlements, Taxes & Spending

    Guest Blog: The Danger of A Nation of Dependents

    As someone who grew up in inner-city Atlanta, I understand there are times when people need whatever help they can find. The social safety net—in conjunction with generosity from neighborhood groups, churches, charities, and private companies—can help lift Americans out of poverty and toward the path of self-reliance and individual … More

    What CBO Says About Raising Eligibility Ages for Medicare, Social Security

    Dark clouds hover over the nation’s finances and threaten a perfect storm of massive debt and crushing taxation unless Congress starts acting—soon. Washington must demonstrate that it is serious about reining in ever-rising spending and reducing annual deficits. Passing commonsense reforms to our major entitlement programs (Medicare, Medicaid, and Social … More

    Online Chat on the Super Committee

    The Super Committee failed to meet its Thanksgiving to cut $1.2 Trillion from the federal budget. Now what? Click here to join our live “Lunch with Heritage” online chat. We are joined by Heritage’s Director of Economic Policy Studies Alison Fraser. She is taking your questions about why the Super … More

    Supercommittee Failed, and Spending Is Still the Problem

    Tax hikes were the focal point of the contentious, failed supercommittee negotiations designed to reduce the national debt by at least $1.2 trillion. Democrats wanted massive tax hikes. Republicans flirted with a tax reform deal lowering rates and closing loopholes. But the fact that tax hikes were at the center … More

    Infographic: Why Spending Is the Problem

    With its November 23 deadline fast approaching, the “super committee” created by the Budget Control Act is back in the news, and it is still grappling with its mandate to find $1.5 trillion in deficit reduction savings. One of the ideas being bandied about is a continued call to raise taxes … More

    The Video AARP Hasn't Made: Medicare's Need for Structural Reform

    Medicare—on its current path—cannot be sustained. At a recent hearing held by the Senate Special Committee on Aging, Ranking Member Senator Bob Corker (R–TN) stressed the importance of Medicare reform. According to Corker, in 2011, “The U.S. spent $572 billion on Medicare, and spending is projected to increase to $1 … More

    Morning Bell: The Latest Obamacare Implosion

    Inefficient programs that don’t solve problems and are passed against the will of the American people seem to be the Obama Administration’s forte. Now their high-minded aspirations of a health care revolution are quickly unraveling as fatal glitches in Obamacare become apparent. Next up for implosion? The Community Living Assistance Services … More

    Morning Bell: $1.5 Trillion in New Taxes

    Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help with the economy. The President’s answer? “Normally you don’t raise taxes in a recession, which is why we haven’t, and why we’ve instead cut taxes.” … More

    Washington in a Flash: Same Old, Same Old in Obama's Deficit Plan

    Driving the conversation: President Obama released his deficit reduction plan on Monday, which would reduce the national debt by $3 trillion over ten years through a variety of tax hikes, superficial cuts to Medicare and Medicaid, and by incorporating savings gleaned from drawing down America’s military presence in the Middle … More

    Chart of the Week: How Social Security Is Contributing to the Spending Crisis

    Last week’s presidential debate at the Reagan Library elevated Social Security as a national issue that could reshape the 2012 campaign. Candidates spent the week trading blows about the role of the 76-year-old social insurance program. Leaving aside the political rhetoric, one thing is certain: Social Security needs to be … More