The massive spending bill released by the Senate this week suffers the same flaws as the measure the House passed last week: It spends too much, fails to protect national defense, and is full of unnecessary, wasteful spending. Like the House bill, the Senate’s continuing resolution (CR)—which is needed to …
The Obama Administration is on track to beat former President Bill Clinton for second-longest delay in submitting a presidential budget on time. First place for the latest budget in history? That also goes to President Obama. In 2009, he did not submit a budget until 98 days after the statutory deadline. …
The Environmental Protection Agency (EPA) announced plans to furlough all of its employees and shut down for three days this year to absorb sequestration’s spending cuts. But the sequester cuts do not have to lead to shutdowns. The Heritage Foundation recently pointed out that prioritized cuts at the National Institutes …
President Obama’s campaign organization is using discredited information and misleading numbers in its latest effort to lobby Congress to stop sequestration. An email sent today by Jim Messina, chairman of Organizing for Action, urges supporters to sign a petition in support of Obama’s tax hikes. The email includes the typical …
All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at which government spending is continuing to grow, said Heritage President-elect Jim DeMint on “The Kudlow Report.” He told host Larry Kudlow, “You can see…there’s no …
A February 26 article by CATO Institute Analyst Christopher A. Preble wrongly asserts that the imposition of automatic spending cuts, called sequestration, will not make the U.S. less safe. In fact, these reductions, which come on top of reductions to the defense budget that are already being made, will not …
While President Obama is traveling across the nation campaigning against sequestration at the very last minute, the economy is working through a tax increase nearly twice the size of the sequestration cuts for fiscal year (FY) 2013. The President knew for more than a year that sequestration was looming and …
