Sometime next month the Senate will be forced to raise the federal debt limit beyond a record $12.1 trillion. While the current recession has exacerbated the problem, our rising national deficits are actually a structural problem a long time in the making. In the coming decades, the cost of Social …
Heritage Foundation vice president for domestic and economic policy studies Stuart Butler attended President Barack Obama’s “Fiscal Responsibility” Summit today. He reports: The President said he wanted the sessions to be the first step in a national conversation about how to deal with the long-term fiscal problem. If he truly …
Concern about our nation’s fiscal health has long been a priority for The Heritage Foundation. Since 2005, Heritage has partnered with a diverse coalition of public policy institutions to educate Americans about our nation’s true long-term financial condition and large and growing fiscal imbalance. Working with the Concord Coalition and …
