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    Sequestration Will Make the U.S. Less Safe, Despite CATO’s Claims to Contrary

    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 … More

    CHART: Obama 2013 Tax Increase Twice as Large as Looming Sequestration

    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 … More

    Morning Bell: Where Could We POSSIBLY Cut the Federal Budget?

    If you had to cut your family’s budget, where would you cut? Would you immediately start starving your children and stop wearing shoes? Of course not. You would look at the extras in your life—whether they were coffee shop lattes, movie tickets, or restaurant meals. It’s a good thing the … More

    Media Aid Obama on Sequestration; Huffington Post Seeks Sob Stories

    We’ve gotten used to the Obama White House and the nation’s news media working hand in glove on most issues, but the sequester is quickly becoming a case study worthy of Harvard. Soon, if this collaboration persists, it will start to feel like the Mayans were off by only a few … More

    The "Buffett Rule" Returns

    President Obama’s so-called Buffett Rule just won’t go away. It is back in its latest iteration because Senate Democrats proposed it to partially offset the soon-to-begin sequestration spending cuts. In the Senate Democrats’ version, the Buffett Rule, named after famed investor and vocal advocate for (and benefactor of) liberal policy … More

    Chart of the Week: Sequestration Cuts 2.4 Percent out of Total Spending

    Federal spending will explode from $3.6 trillion to $6 trillion over the next 10 years, but the much-maligned sequester will cut only 2.4 percent of this spending. Sequestration represents a relatively small cut in projected spending. So why are so many in Washington wringing their hands over a two-and-a-half percent … More

    Sequestration 101: Watch Heritage's Google+ Hangout at Noon ET Today

    What is sequestration? And why is Washington in a panic about it? Federal budget cuts, known as sequestration, are scheduled to hit in one week. They’re not the perfect approach to trimming the budget, but they are the law — adopted by Congress and endorsed by President Obama. Of course, … More

    In Congress, a Welcome Desire for "Regular Order"

    As Members of Congress left town last week for the Presidents’ Day break, a refreshing and commendable sentiment followed them: nostalgia for the “regular order” of lawmaking. “Tired of watching as flailing leadership negotiations fail to produce any key legislation,” wrote The Washington Post, “senior lawmakers hope that a return … More

    Simpson–Bowles Redux: Another $600 Billion Tax Increase

    Erskine Bowles and Alan Simpson, former co-chairs of the 2010 White House deficit-reduction panel whose plan failed, released an outline for a new proposal on their own today. A Bipartisan Path Forward to Securing America’s Future lacks any significant details but does include a $600 billion tax increase in addition … More

    Morning Bell: Spending Cuts Are Happening, One Way or Another

    Federal budget cuts called “sequestration” are scheduled to hit in just 10 days. The sequestration cuts are not perfect—they’re a blunt instrument to cut spending, rather than a deliberative plan that sets priorities, trims entitlements, and cuts other spending. But they are law. It would be better to replace them … More