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    5 Bipartisan Health Care Reform Options

    Addressing our nation’s overspending problem cannot be done without reforming entitlements, especially Medicare and Medicaid. As Washington remains clearly divided over how to get it done, Senator Orrin Hatch (R–UT) has outlined 5 health care reforms that are bipartisan. These reforms have had the support of both parties in the … More

    CBO: Tax Increase Fails to Solve Spending and Debt Crisis

    While President Obama keeps calling for more taxes, today’s figures from the Congressional Budget Office (CBO) show the tax hike he signed into law just last month will provide no lasting improvement in the federal government’s fiscal outlook. This is because spending continues to grow, driving deficits back toward the … More

    Don’t Gut Our Military: $150 Billion in Commonsense Proposals to Prevent Sequestration

    Unless Congress acts, March 1 will trigger a $55 billion-per-year ($43 billion in 2013, as the fiscal cliff deal delayed the cuts for two months) cut in national defense, known as sequestration, which will weaken the United States’s ability to defend itself. But this does not have to happen; Congress … More

    Morning Bell: Obama's Second Inaugural Address, Translated

    Members of Congress—who are about to debate raising the debt ceiling tomorrow—should have paid attention yesterday. The President was very clear that he sees no urgency about reducing the debt and cutting the deficit. In fact, in his second inaugural address, President Barack Obama was honest about his intentions to … More

    Will Debt Ceiling Baby Step Lead Toward a Balanced Budget?

    The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from the White House: that House Republicans who are demanding spending reductions in exchange for increasing the debt limit would compromise the full faith and credit … More

    Chart of the Week: Growth of Government Assistance Adds to National Debt

    More than 41 percent of the U.S. population is “enrolled in at least one federal assistance program,” adding tens of billions of dollars to the national debt each year, according to new research by The Heritage Foundation’s Patrick Tyrrell and William W. Beach. That means that a startling number of … More

    Health Care Spending Remains Stable, but Not for Long

    Health care spending actually didn’t skyrocket in 2011–but just wait. This week, the Centers for Medicare and Medicaid Services (CMS) Office of the Actuary released the National Health Expenditures report for 2011. The report shows that growth in national health spending remained relatively low in 2011, growing at 3.9 percent. … More

    The Washington Post Agrees: It’s Time to Make a Down Payment on Medicare Reform

    The editorial board of The Washington Post, no organ of conservative opinion, is absolutely right: “Medicare as we know it is not sustainable,” and the “ultimate solution” is structural reform. Bingo. The right structural reform is to expand Medicare’s defined-contribution financing (routinely called “premium support”) as it broadly exists today … More

    Chart of the Week: Government Spending Drives Debt Limit Higher

    Even though Congress and President Obama reached a fiscal cliff deal, the fallout will continue to be felt by individuals, investors, married couples, and small businesses earning $400,000 and above (for couples, $450,000 and above). And that does not include the impact on all workers hit by the payroll tax … More

    Top 10 Heritage Charts of 2012

    If you’ve read our work, you probably know we love charts. Our signature products — the Index of Economic Freedom and Federal Budget in Pictures — include some amazing informational graphics. We also showcase our charts weekly on The Foundry and in many of our research papers. Today we bring … More