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  • national debt

    Morning Bell: “60 Minutes” Contrast Between Romney, Obama on Entitlements

    The official, head-to-head debates begin next week, but Sunday’s “60 Minutes” appearances by President Barack Obama and Governor Mitt Romney (R-MA) provided a contrast in the ideas offered on the nation’s entitlements and spending crisis. For his part, the President punted on a serious question about the nation’s concern over … More

    U.S. Falls in World Economic Competitiveness Rankings

    The United States’ competitive edge in the global economy is not what it used to be. The World Economic Forum (WEF) reported that the U.S. dropped from fifth to seventh place—the fourth consecutive year it has fallen in the rankings. Chief among the reasons is the one-two punch of skyrocketing … More

    Online Chat on the $16,000,000,000,000 Debt

    What is the $16,000,000,000,000 question? Earlier this week, the national debt hit the historic $16 Trillion mark. What does this mean for our, and future, generations? What will it mean for the economy? Click here to join us right now for our “Lunch with Heritage” online chat. We are  joined … More

    Morning Bell: $16,000,000,000,000

    Yesterday, the U.S. national debt passed $16 trillion. On President Barack Obama’s watch, the debt has increased by 50 percent, as campaign promise after campaign promise has drowned in a sea of federal spending. When he was running for President, Obama condemned George W. Bush for adding $4 trillion to … More

    Morning Bell: We Can Change America’s Course

    Entering the final stretch of the presidential contest, Americans are facing a monumental choice. The American people will decide the direction of government and its role in their lives for the coming years. The debate in Tampa this week raised a number of issues, including preserving the American dream of … More

    How Much Debt Is Too Much?

    Following the news that the U.S. national debt has increased by $1 trillion for the fifth year in a row and that Greece’s debt crisis may force it from the eurozone, The Heritage Foundation has published a primer on national debt and sovereign default. National debt in a healthy economy … More

    Chart of the Week: Obama Makes Defense the Lowest Budget Priority

    President Obama’s budget proposes a sharp increase in entitlement spending and more outlays for domestic programs and interest on the national debt. Defense spending, meanwhile, takes a backseat to Obama’s other priorities. The long-term outlook: Obama would make defense the lowest budget priority among the major categories of spending in … More

    Scribecast: Rep. Frank Wolf Discusses Political and Religious Rights

    With economic issues dominating the domestic political agenda and much of our foreign policy focused on combating terrorism, systematic violations of political and religious rights by some of the world’s most tyrannical regimes receive less attention than perhaps they should. Rep. Frank Wolf, a Republican representing Virginia’s 5th District, is … More

    Morning Bell: The Truth About the Balanced Budget Amendment

    In case you’re not keeping track, it has been nearly 1,000 days since the United States Senate passed a budget. Meanwhile, America’s fiscal nightmare keeps growing, and those on the left—including Members of the Senate—keep advocating for even more spending despite America’s $15 trillion national debt. That’s an important record … More

    Exclusive Interview: Sen. Pat Toomey on the Super Commitee’s Failure

    As one of the 12 members of Congress on the Super Committee, Sen. Pat Toomey (R-PA) had a front row seat for all the negotiations. Since the committee’s announcement late last month that they had failed to reach a deal on at least $1.5 trillion in savings, Toomey has been very vocal … More