President Obama made his first offer to congressional Republicans yesterday in negotiations over the “fiscal cliff”—an economic catastrophe of tax hikes just a few weeks away. The White House’s proposal? $1.6 trillion in tax increases, $50 billion in new stimulus spending, and a change that would make it easier to …
The fiscal cliff debate has centered on talk of raising taxes on high-income Americans. The silence on spending cuts has been deafening. On Monday, as if on cue, came investor Warren Buffett’s rehashed—albeit flat-out wrong—proposal to raise taxes on the wealthy. Even though the Obama Administration has said both sides …
In a new video parodying Dr. Seuss’s whimsical style, the American Enterprise Institute puts the problem of growing entitlement program spending in a form elementary school kids can understand. It’s a good thing, too, because their generation will be burdened with paying for this skyrocketing spending if Congress and the …
President Obama’s recycled economic plan sorely lacks the much-needed reforms to make Social Security work better for women. The program needs to do a better job dealing with the circumstances women face in retirement. More women than men rely on Social Security as their sole source of income, and yet …
Today, the threats to our national security are complex, fluid, and hard to fully comprehend. This requires a serious look at what the U.S. can do to affect events worldwide that would produce outcomes favorable to our interests, rather than allowing other nations to drive events, some of which are …
The third and final presidential debate between President Obama and former Governor Mitt Romney will feature several different questions on the role of America abroad and other aspects of foreign policy. Obama and Romney will likely address the nation’s impending spending crisis and automatic defense budget cuts, known as sequestration. …
Several key questions still remain to be asked of President Obama and Governor Mitt Romney during tonight’s debate. Among them: What would each of them do to reduce the growing burden of federal spending on American households? In 2012, the federal government spent $29,700 per American household. Of that amount, …
Taxes and entitlements were two important domestic policy topics discussed during the debate between Vice President Joe Biden and Representative Paul Ryan. Among the many claims made were some that were true and some that were false. Can you guess which ones are true or false? Medicare and Social Security …
After shimmying up trees and doing away with storm debris, the obviously able-bodied tree trimmer asked his customer, “Could you make the check out to my mom? I’m on disability.” Inconveniently for him, the tree trimmer’s customer was Senator Tom Coburn (R–OK). This guy asked a U.S. Senator to help …
