• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • fiscal cliff

    Medicare Cuts vs. Medicare Reform

    As the discussions over the fiscal cliff continue, the debate over entitlement reform is getting confused. The issue is not only how much savings constitutes reform, but also the underlying policies that get you there. Thus far in the fiscal cliff negotiations, Republicans have pushed for greater spending cuts, namely … More

    Fiscal Cliff: Is Heritage Inconsistent?

    Menzie Chinn took to the blog Econbrowser last Thursday to accuse conservative economists in general – and The Heritage Foundation in particular – of being inconsistent, since we did not share his optimism about the benefits of the 2009 stimulus, but we’ve warned of the danger of the fiscal cliff. … More

    QE4: Another Big Step Down a Dangerous Road

    The Federal Reserve Board today announced the introduction of yet another hyper-aggressive monetary policy, dubbed “QE4” by some for the fourth round of quantitative easing. Three times a dud, fourth time a charm? Not likely. The Fed’s concerns for the economy are well-founded. The economy continues to struggle badly under … More

    Fiscal Cliff: Clinton-Era Spending Levels, Anyone?

    Many are proposing that tax rates for upper-income earners go back to their levels during the Clinton Administration. What you don’t hear is how we can return to Clinton-era spending levels. That would be a real solution to the upcoming fiscal crisis, and the President could lead the way. The … More

    Tax Increases Won't Solve Washington's Spending Problem

    “We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax rate. And that’s a principle I won’t compromise on.” At yesterday’s fiscal cliff campaign stop in Redford, Michigan, President Obama delivered these remarks and hammered … More

    The Death Tax: A Family Business Story (VIDEO)

    Pursuing the American dream is tough enough these days without having to worry about losing it all in the end. “It’s a weight on your shoulders to have to think about this,” said Patricia Baldwin of Reliable Contracting Company. In this video, Baldwin discusses how the death tax has affected … More

    Liberal Welfare State in Decline

    Even as the country deals with the crisis of the “fiscal cliff,” there’s another crisis waiting in the wings. “The second act will occur early in 2013 when the federal government will exhaust its ability to issue debt legally,” writes Heritage’s J. D. Foster. As computer programmers would say, the … More

    Death Tax: Why Should the Government Get "Something for Nothing"? (VIDEO)

    The federal estate tax, better known by its more accurate moniker the “death tax,” is poised to rise to 55 percent with just a $1 million exemption in 2013 should we fall off the “fiscal cliff.” Today, the death tax is 35 percent with an exemption over $5 million. While … More

    Obama's Dirty Little Tax Secret: He's Already Raised Taxes on the Rich (CHART)

    The one glaring omission in President Obama’s fiscal cliff demands for higher rates on top earners is that he’s already raised their taxes. That’s right! When he signed Obamacare into law, he raised tax rates on families earning more than $250,000—his definition of rich. He has done so by including … More

    Fiscal Cliff Threatens America's Economic Freedom

    The clock is ticking. Massive tax hikes are threatening to push America’s already declining economic freedom over the “fiscal cliff,” a politician-made economic catastrophe. President Obama’s proposal to avert the fiscal cliff is a $1.6 trillion tax hike plus new stimulus spending, along with expanded power for himself to raise … More