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    The Hill Misses the Story on Auto IRAs

    An article on the Automatic IRA in the July 13 edition of the Capitol Hill newspaper The Hill (“Democrats and AARP want to make IRA enrollment automatic”) left out several crucial parts of the story. First and foremost, the Automatic IRA has enjoyed wide bipartisan and cross-ideological support since it … More

    Commission Should Focus on Bipartisan Solutions to Social Security Reform

    Serious doubts surround President Obama’s National Commission on Fiscal Responsibility and Reform, which has been tasked to make recommendations to Congress to reduce the federal deficit. Many fear that the commission will recommend the creation of a value-added tax (VAT) or similar tax increases to pay for Washington’s reckless spending. … More

    The Time is Now for Social Security Reform

    Today, the Congressional Budget Office (CBO) released its Social Security Policy Options report, which highlights some of the proposals made by policymakers and legislators to restore the Social Security program to long-term sustainability. Social Security, which provides living assistance to retired workers and those with disabilities, is in need of … More

    Social Security in the Red

    In February, we reported that in 2010, Social Security would start running deficits in 2010.  Well, Social Security deficits have officially arrived, as analyst Michael Barone lays out in the Washington Examiner: Social Security tax receipts for the first half of 2010: $346.9 billion; Social Security benefits payments for the … More

    Federal Reserve Chairman Ben Bernanke Highlights Unsustainable Debt

    Testifying before the House Budget Committee today, Federal Reserve Chairman Ben Bernanke noted: Even after economic and financial conditions have returned to normal, however, in the absence of further policy actions, the federal budget appears to be on an unsustainable path. A variety of projections that extrapolate current policies and … More

    Americans Have Every Reason to Doubt Social Security Solvency

    A recent poll by Rasmussen shows that 58 percent of Americans lack confidence that they will receive their promised Social Security benefits in their entirety.  The poll showed just 13 percent feel very confident they will receive their benefits. As usual, the sense of the American people is spot-on.  As … More

    Check Out the 2010 Budget Chart Book--New and Improved!

    The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.

    The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures. More

    Rep. Paul Ryan: The Way Forward on Health Care Reform

    While President Obama and congressional liberals have yet to come down from the high of passing their historically horrible health care legislation, conservatives are still hard at work promoting health care reform.  This is because with its numerous new taxes, mandates, penalties, regulations, and new role for government, Obamacare can … More

    Karl Rove: Repealing Obamacare Will Be Easier If Congress Skirts Normal Process

    “Deeming” and “reconciliation” are hardly household words, but for the next week Americans will come to know them as key procedural maneuvers that could push Obamacare across the finish line. But while they might deliver a bill to President Obama’s desk, they will also make it easier to repeal the … More

    The Obama Budget: Spend, Entitle, Borrow

    Last Friday, the Congressional Budget Office (CBO) released its analysis of the president’s 2011 budget submission to Congress. This report hasn’t gotten nearly the attention it deserves. When the administration released its budget in early February, the news seemed bad enough. By its own reckoning, the Obama administration’s budget plan … More