Why does President Obama have time to release his final four picks for the NCAA basketball tournament, but can’t meet the federal budget deadline? For the past two weeks in Washington, Representative Paul Ryan (R-WI) and Senator Patty Murray (D-WA) have squared off in a battle over the federal budget, …
Senator Patty Murray’s (D–WA) budget tax plan directly calls for $975 billion in new tax increases over the next decade. Indeed, the Senate budget is only a framework document, but it clearly lays out who should pay the higher taxes. The Democratic majority wants higher taxes by “eliminating loopholes and …
This week, the budget committees of both chambers of Congress released their budgets ahead of President Obama’s budget—marking the first time in 92 years that Congress kicked off the budget process instead of the President. The House budget, under the helm of Chairman Paul Ryan (R–WI), delivers a balanced budget …
After going nearly four years without producing a budget resolution, Senate Democrats today released a plan confirming their mantra about “balanced” approaches has nothing to do with actually balancing the budget. In their view, “balance” is a mix of higher taxes and higher spending, chronic deficits and debt, and a …
Obamacare supporters tend to give credit to the law where credit is not due. In the latest attempt, Senate Budget Committee Chairman Patty Murray (D–WA) tried to link lower projections for Medicare and Medicaid spending to the Affordable Care Act. During today’s hearing on the recent Congressional Budget Office (CBO) …
No. It’s that simple. A number of House members and senators have been circulating this picture of the first panel from yesterday’s House Oversight Committee hearing, which featured five clergymen, decrying it as an “all-male hearing,” in the words of Sen. Patty Murray (D-WA). A number of Murray’s Senate colleagues, …
Republicans and Democrats on the Joint Select Committee on Deficit Reduction this week finally agreed on something substantive: The U.S. corporate tax rate is too high. It’s a point we’ve been making for years at Heritage. High federal and state corporate tax rates — a whopping 39.2 percent when combined …
