The Congressional Budget Office’s (CBO) official score of President Obama’s budget shows in numbers a vision for economic decline in America. The President imposes a tax increase totaling $1.1 trillion (and a net increase of about $1 trillion), some components of which would directly hit middle-class and lower-income Americans. On …
Yesterday, Education Secretary Arne Duncan testified before the House Appropriations Committee about Obama’s fiscal year (FY) 2014 budget request for the Department of Education. Congressman Andy Harris (R–MD) took the opportunity to question Duncan about a glaring omission from the budget: funding for the D.C. Opportunity Scholarship Program (DCOSP). The …
President Obama’s fiscal year (FY) 2014 budget released yesterday persists in entangling taxpayer dollars in the abortion industry. Obama’s budget includes $327 million for Title X family planning programs, a more than $30 million increase over last year’s request. Title X is one of a number of sources of government …
President Obama finally released his budget yesterday—more than two months late. Heritage experts immediately went to work analyzing the mounds of new spending on education, manufacturing, “clean energy,” infrastructure, and small business. But the President didn’t stop at more of the same failed stimulus and Solyndra-type policies. He also piled …
President Obama released his 2014 budget more than 60 days late. Heritage’s team of policy experts spent the better part of yesterday combing through it to discover proposals that impose new taxes on Americans, expand the size of the federal government, and further erode individual freedom and our national defense. …
UPDATE: The official total tax increase in President Obama’s budget is now available in the Treasury Department’s “Green Book.” Treasury scores the total net tax increase from all President Obama’s tax polices at more than $1.1 trillion over 10 years. There was little doubt that President Obama would propose a …
Tomorrow, President Obama will finally release his overdue budget request, and the next day, the House Armed Services Committee will hold a hearing on that request. The hearing witnesses will be Secretary of Defense Chuck Hagel and Chairman of the Joint Chiefs of Staff, General Martin Dempsey. It appears likely …
President Obama asked federal workers to suggest ways for the federal government to save money, and American citizens responded – with 86,000 suggestions. But his administration picked only 67 of those ideas, most of which are either minute or simply take credit for savings that have already been implemented, according …
The Obama Administration is on track to beat former President Bill Clinton for second-longest delay in submitting a presidential budget on time. First place for the latest budget in history? That also goes to President Obama. In 2009, he did not submit a budget until 98 days after the statutory deadline. …
President Obama seems to view budget deadlines as mere suggestions. During his term, Obama has missed all but one deadline to deliver his annual budget and midsession review. This week marks another year in which the President missed both deadlines. This consistent track record of missing statutory budget obligations is …
