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  • federal spending

    Environmental Protection Agency: No Room for Sequestration Cuts?

    The Environmental Protection Agency (EPA) announced plans to furlough all of its employees and shut down for three days this year to absorb sequestration’s spending cuts. But the sequester cuts do not have to lead to shutdowns. The Heritage Foundation recently pointed out that prioritized cuts at the National Institutes … More

    Morning Bell: Where Could We POSSIBLY Cut the Federal Budget?

    If you had to cut your family’s budget, where would you cut? Would you immediately start starving your children and stop wearing shoes? Of course not. You would look at the extras in your life—whether they were coffee shop lattes, movie tickets, or restaurant meals. It’s a good thing the … More

    Media Aid Obama on Sequestration; Huffington Post Seeks Sob Stories

    We’ve gotten used to the Obama White House and the nation’s news media working hand in glove on most issues, but the sequester is quickly becoming a case study worthy of Harvard. Soon, if this collaboration persists, it will start to feel like the Mayans were off by only a few … More

    High Debt Threatens Economic Growth

    Economic scholars have recently shown how high government debt has a negative effect on long-term economic growth. Government debt crowds out private investment, slowing the growth of gross domestic product (GDP) and wages. The consensus is that “debt drag” gets worse as debt rises. Like piling bricks on a sled, … More

    Video: Coolidge Proves Limited Government a Winning Strategy

    Can a politician advocate budget cuts and succeed? The answer is found in the politics of President Calvin Coolidge, a man whose persistence led to reductions in the size of government, according to Amity Shlaes, the author of a new biography on the 30th President entitled simply, Coolidge. “[There is] … More

    Celebrating Coolidge: Champion of Budget Cuts, Tax Reductions

    “You never want a serious crisis to go to waste,” former White House Chief of Staff Rahm Emanuel famously said. Since then, the country has spent the Obama Presidency lurching from one crisis to the next. From the debt ceiling to the fiscal cliff to, today, the sequester, the federal … More

    Calvin Coolidge: Bigger Government Isn’t Better

    Amity Shlaes will be speaking about her new book Coolidge at Heritage tomorrow. It’s a great opportunity to learn why, when it comes to government, bigger isn’t better. Less than a century ago, the United States enjoyed an economic boom under the leadership of a quiet, restrained, and often forgotten … More

    Morning Bell: Spending Cuts Are Happening, One Way or Another

    Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending, rather than a deliberative plan that sets priorities, trims entitlements, and cuts other spending. But they are law. It would be better to replace them … More

    Krugman Still Wrong on Federal Spending and the Economy

    A not-so-small cottage industry has grown up refuting liberal economist Paul Krugman’s public pronouncements. It’s not a hard industry to join, and there’s plenty of work, but it can be repetitive. Even so, Krugman’s recent writings opposing federal spending cuts for the sake of the economy are sufficiently troubling to … More

    Morning Bell: Why Should I Care About the U.S. Debt?

    You’re busy. So busy you barely have time to read these words. So why should you care about the us debt? Does it affect your life? Unfortunately, high government debt is having more of an impact on each of us than we realize. Heritage’s Romina Boccia explains that high levels … More