• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • federal spending

    Our Big Government Addiction Must End

    As soon as the U.S. Treasury was cleared to start borrowing again, it quickly borrowed $238 billion more and reached a milestone.  Our national debt is now more than $14.5 trillion, which means that it has surpassed the size of our total annual economy. The federal government now owes more … More

    Chart of the Week: Federal Spending Per Household Is Skyrocketing

    With the United States engaged in a debate over debt, the common consensus among Americans is that spending needs to be reduced. A recent poll commissioned by Generation Opportunity and the polling company, inc./WomanTrend found this was especially true among young Americans who are self-identified independents. They believe less federal … More

    Millennials, Citing National Debt, Fear for America's Future

    President Obama neglected to mention Millennials in his address to the nation Monday night. Ironic, since they are burdened with the responsibility of paying America’s debt. But that should come as no surprise. Young Americans are often overlooked in the political world. However, 18 to 29-year-olds have serious concerns about … More

    Obama vs. the Evidence: Infrastructure Spending Is No Job Creator

    The latest unemployment numbers, released Friday, showed that the economy created a net 18,000 jobs in June, far below the roughly 150,000 needed to keep pace with new job market entrants. The unemployment rate ticked up to 9.2 percent. Since President Obama had not yet been asked directly about June’s … More

    Chart of the Week: National Debt Set to Skyrocket

    The Senate canceled next week’s recess to address the country’s debt crisis. It’s an issue in the headlines every day as lawmakers and the White House debate a debt-reduction plan. Why does it matter? The national debt is set to explode in the coming decades as spending on entitlement programs … More

    Former CBO Director: Let Debt Limit Debate Be Short, Sweet and Successful

    The debt limit debate waits for the return of a recess-refreshed Congress, but if conservatives are ready for it, they can leverage the issue to enact spending caps and advance the budget the House passed last week, says former Congressional Budget Office director Douglas Holtz-Eakin. “The Republicans should come back … More

    A Voodoo Baseline Won't Reduce the Deficit

    As Congress continues the struggle to tame federal deficit spending, some argue that tax hikes and defense cuts are necessary and inevitable. For example, a recent brief from the Concord Coalition on the prospects for the House Majority’s coming budget resolution for fiscal year 2012 makes the case that conservatives … More

    Lawmakers Form House-Senate Effort to Eliminate Duplicative Government Programs

    Sen. Tom Coburn (R-OK) has a powerful ally in the fight to eliminate wasteful duplication in government programs: House Majority Leader Eric Cantor (R-VA) announced the two lawmakers are teaming up for a bipartisan, House-Senate effort to eliminate overlapping and unaccountable government services that cost taxpayers more than $100 billion … More

    Guest Blog: Sen. Rob Portman on Job Creation and Economic Growth

    In my maiden Senate floor speech, I focused on the budget and economic issues we face and how our burgeoning debt and deficit is directly linked to the sluggish pace of job creation and economic growth in states like Ohio. As I said during the speech, I believe the twin … More

    A Senate where Shame, Spending, and Inertia Rule

    The federal government ran a budget deficit last month of $223 billion, according to recent analysis by the Congressional Budget Office (CBO). With deficits consistently running to levels almost beyond human comprehension, it would be easy to miss the fact that this was the largest single-month deficit on record. So, … More