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  • fiscal cliff

    Lunch with Heritage Google+ Hangout on the Fiscal Cliff

    While we are poised on the edge of a “fiscal cliff,” there are things the President and Congress can do to move us away from it. We will be hosting a Google+ Hangout live on our Google+ Page and here on The Foundry on Friday, November 30, at noon ET … More

    Bipartisan Tax Reform? It Happened in 1986

    Whenever Washington leaders start talking about the economy, they like to refer to deals and legislation from years past. In the latest fiscal cliff talks, the Tax Reform Act of 1986 has come up. Why? A series of talks on how the impending fiscal cliff might be avoided kicked off … More

    Fiscal Cliff: Where Are Your Spending Cuts, Mr. President?

    The fiscal cliff debate has centered on talk of raising taxes on high-income Americans. The silence on spending cuts has been deafening. On Monday, as if on cue, came investor Warren Buffett’s rehashed—albeit flat-out wrong—proposal to raise taxes on the wealthy. Even though the Obama Administration has said both sides … More

    Top 15 Tweets About the Fiscal Cliff

    “Fiscal Cliff” has been the catchphrase of the past few weeks, and tweets on the matter have been plentiful.  We compiled a list of the Top 15 tweets about the fiscal cliff that you should read:

    Morning Bell: 4 Reasons Warren Buffett Is Wrong on Tax Hikes

    Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should be taxed more. This isn’t the first time Buffett has made the case for higher taxes, and it’s not the first time he’s been wrong. … More

    Warren Buffett Wrong Again on Tax Increases

    As we approach the “fiscal cliff,” there was little doubt that famed investor and self-appointed political sage Warren Buffett would pipe in at some point with his periodic call for higher taxes on his ilk of billionaires. Today was the day. Buffett, of course, is welcome to his opinion, but … More

    Avoiding a Debt Crisis, Eh? Lessons From Canada

    Congressional lawmakers met last week to try to hammer out a deal to avert the fiscal cliff. Democrats insist on revenue increases as part of such a deal, saying new revenue is the only way to significantly reduce the national debt. However, it is not a lack of revenue that … More

    Morning Bell: Should We Pay Government Employees More?

    Federal employees—who work on average a month less than private-sector workers and get paid more—are lobbying for higher pay. Government unions know that Congress is looking for ways to nip and tuck the federal budget, and they’re counting on being left out of the deal. “The Federal-Postal Coalition—a group representing … More

    Chart of the Week: Cut Spending to Avoid the Fiscal Cliff

    The Heritage Foundation has updated its Saving the American Dream plan as the nation moves inexorably towards the fiscal cliff set to hit at the beginning of 2013. From Amy Payne’s Morning Bell: To meet this challenge, Heritage Foundation experts updated our Saving the American Dream plan to address the … More

    Morning Bell: The Fiscal Cliff and Beyond

    In Washington, there is one issue on everyone’s minds: the “fiscal cliff.” With time running out before a massive tax hike strikes on January 1, and wide-ranging budget cuts scheduled to hit at the same time, the economy is bracing for another storm. Today, five public policy organizations including The … More