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    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

    Top 10 Heritage Images of 2012

    Instagram sold for $1 billion in April, remarkable news for a company that wasn’t even around two years earlier. Meanwhile, sites like Pinterest and Tumblr blossomed. What do they have in common? Images. From pop culture to political campaigns, images helped define 2012. Heritage embarked on a campaign of its own … More

    The Eleventh Hour: Still Time Left to Stop Massive Defense Cuts

    The threat of sequestration—the half-trillion dollar cut to defense set to occur January 2, 2013—has been debated and prevention plans have been discussed since before it was even written into law. The budgetary measure was written to be so unpalatable that Congress and the Administration would have to find a … More

    Morning Bell: GOP Leaders Capitulate on Core Conservative Principles

    House Speaker John Boehner (R-OH) and Republican leaders have done it once again. Their latest fiscal cliff proposal capitulates on core conservative principles, yielding woefully inadequate concessions from President Obama in the process. Will they ever learn? The latest GOP offer essentially ignores Washington’s real problem — spending — and … More

    Too Eager for a Fiscal Cliff Deal: Republican Leadership's $1 Trillion Tax Hike

    The latest fiscal cliff proposal by Speaker of the House John Boehner (R–OH) is infuriatingly frustrating to conservatives, again. In exchange for $1 trillion in tax hikes—including the President’s immediate tax rate hike on the wealthy—Boehner asked for just $1 trillion in spending cuts. And, to sweeten the pot for … More

    Fiscal Cliff: Decoupling Conservatives from Their Core Principles

    There are many ways to surrender—and some congressional Republicans seem bent on exploring them all. In the debate over the fiscal cliff, the President’s position is simple: The Republicans must capitulate on income tax rate hikes, and all other serious issues are not up for discussion. Never mind that Obama … More

    Tax Increases Won't Solve Washington's Spending Problem

    “We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax rate. And that’s a principle I won’t compromise on.” At yesterday’s fiscal cliff campaign stop in Redford, Michigan, President Obama delivered these remarks and hammered … More

    White House Speeds Toward Fiscal Cliff, Declining House Republicans' Request for Terms

    Late Monday afternoon, the House Republican leadership lofted its latest offering to address the fiscal cliff. The kindest conservative response possible to this proposal is that it was “a dud.” It was much worse than a dud, however, as Heritage described in its initial response to the House proposal. Not … More

    Morning Bell: House Republicans Cave on Tax Increases and Punt Entitlements

    When President Obama put forth his first offer on the fiscal cliff, House Speaker John Boehner (R-OH) said, “You can’t be serious.” We could say the same thing to the Speaker after his counteroffer yesterday. In a letter signed by House Republican leadership, including Majority Leader Eric Cantor (R-VA) and … More

    Fiscal Cliff: Where Are Your Spending Cuts, Mr. President?

    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 … More