• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Senate Budget Committee

    Let’s Work Toward Energy Subsidy Independence

      Why are taxpayers propping up struggling energy firm SolarCity? The company’s dependence on subsidies is a great illustration of why policymakers should remove subsidies for all energy sources. Company executives outlined how dependent the company is on the taxpayer in the company’s IPO document: “Our business currently depends on … More

    Shh! Obama Administration Puts Brakes on XpressWest High-Speed Rail Project

    Let’s call it former Transportation Secretary Ray H. LaHood’s eleventh-hour pardon of federal and California taxpayers. Once positioned by the Obama Administration as its transportation pièce de résistance, the XpressWest high-speed rail (HSR) line from Victorville, California, to Las Vegas, Nevada, has been derailed. Today, Senator Jeff Sessions (R–AL) and … More

    CBO Report Shows Us Worse Off After Immigration Reform (VIDEO)

    If 10 guests of The Heritage Foundation each bought a bag of popcorn during one visit, and 20 guests bought the same size bag at a later date, Heritage would sell more popcorn the second time. Bill Beach, chief economist on the minority staff of the Senate Budget Committee, used … More

    For the Record: Tax Increases Are Harmful, but Europe Has Pursued Them Anyway

    Heritage economist Salim Furth gave testimony last week to the Senate Budget Committee, reminding the Senators that economic research shows that deficit reduction should be pursued through spending cuts, not tax increases. Now he has responded to written questions in detail and explored the exemplary 1990s budget cuts. There is … More

    Austerity and Stimulus: A Response to The Washington Post

    Journalists should check with both sides before committing pen to paper, especially those at respectable outlets like The Washington Post. It would have served Post reporter Dylan Matthews well if he had followed this dictum. In a blog post, Matthews attempted to refute testimony I gave before the Senate Budget … More

    Meretricious? Senator Whitehouse Is Projecting

    Senator Sheldon Whitehouse (D-RI) spent eight minutes berating me at a Senate Budget Committee hearing yesterday. He disliked the facts I presented on austerity, so he called into question my professional honor and integrity. My testimony pointed out that structural reform and well-designed spending cuts are the best policy for stabilizing … More

    Congressional Budget Office Should Forecast Long-Term Cost of Amnesty

    With the Congressional Budget Office preparing to release a cost estimate for the Senate’s Gang of Eight bill in the coming days, a key Republican lawmaker yesterday insisted that any projection look beyond the 10-year budget window to fully understand the magnitude of granting amnesty to 11 million illegal immigrants. Senator Jeff Sessions (R-AL), ranking member … More

    A Spend-More, Tax-More, and Borrow-More Budget Would Hurt, Not Help

    Congress needs to drive down federal spending toward a balanced budget, including through entitlement reforms, while maintaining a strong national defense and without raising taxes. Neither the House of Representatives nor the Senate achieved that objective when they adopted their respective versions of the government budget for fiscal year 2014 … More

    The No-Surprise Senate Budget: Higher Spending, Higher Taxes, No Real “Balance”

    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 … More

    Sessions and Ryan to LaHood: Halt the High-Speed Train to Vegas

    Senate Budget Committee Ranking Member Jeff Sessions (R–AL) and House Budget Committee chairman Paul Ryan (R–WI) sent a letter yesterday to Transportation Secretary Ray LaHood, urging the Department of Transportation to reject a $5.5 billion gamble on high-speed rail. The train, called XpressWest, would run from Victorville, California, to Las … More