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    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

    VIDEO: Jim DeMint on "Morning Joe"

    Heritage President-elect Jim DeMint appeared today on MSNBC’s “Morning Joe,” discussing everything from his decision to leave the Senate to how lawmakers should approach issues of gun violence in the wake of the Newtown, CT, shooting. DeMint urged the country to “step back and dig down” in response to the … More

    Morning Bell: Don't Raise Debt Ceiling Without Balancing the Budget

    All across America, families are balancing their budgets and even paying off debt. Since the financial panic of 2008, personal debt has fallen as Americans tighten their belts and pay back loans. Some, unfortunately, had to declare bankruptcy because their debts got too big. Washington cannot declare bankruptcy; it must … More

    Morning Bell: The Slow Dismantling of Obamacare

    Things aren’t going so well for Obamacare. Even Democrats in Congress aren’t huge fans any more. It seems after passing the law and finding out what’s in it, the allure has faded—so much so that Congress actually repealed part of Obamacare in the fiscal cliff deal last week. That’s right—part … More

    Morning Bell: Will the Senate Minority Be Silenced?

    Life is good when you’re in the majority—and Senate Majority Leader Harry Reid (D-NV) seems to believe he’ll be there forever. Reid has already effectively shut down the opportunity for minority Senators to offer amendments to bills. Now he is angling to change the Senate’s rules so that minority members … More

    Morning Bell: Taxes to Rise on Most American Workers

    Representative Nancy Pelosi (D-CA) called it “a happy start to a new year.” That probably tells you all you need to know about the fiscal cliff deal that passed the House last night. The bill—which President Obama has promised to sign, though he took off for Hawaii again after the … More

    Congressional Budget Office Shows Senate Bill Is $600 Billion Tax Hike

    The Congressional Budget Office (CBO) just now released its score of the bill the Senate passed early this morning while everyone was celebrating the beginning of the New Year. Despite knowing for a long time that taxes would go up on all Americans today, the Senate waited until we technically went … More

    Fiscal Cliff Looming, Senate Still Finds Time to Name Post Offices

    The country is poised to go over the “fiscal cliff” if Congress fails to act on impending tax hikes and sequestration cuts by December 31. All parties agree the results would be disastrous. Senate Majority Leader Harry Reid (D-NV) made clear on Thursday that he will not bring a bill … More

    Amendment Cuts Pork from Hurricane Sandy Relief Bill

    An example of fiscal responsibility turned up yesterday in an unexpected place: the U.S. Senate. Senator Dan Coats (R–IN) offered an amendment to President Obama’s $60.4 billion Hurricane Sandy relief bill that would be far less costly and much better focused on the storm’s victims. Maybe common sense in budgeting … More

    Hurricane Sandy Relief: Billions Spent on Transportation

    Transportation agencies and programs including the Federal Highway Administration, the Federal Aviation Administration (FAA), Amtrak, and other transit stand to benefit handsomely from the Senate’s $60.4 billion Hurricane Sandy spending bill, which it will consider this week. Though cast as disaster relief, much of the bill’s spending would not reach … More