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    Morning Bell: Senators, Do Your Job and Get to Work

    On the front page of the White House’s website, a clock slowly ticks away, second by second, counting down to the day, hour, minute, and second that the nation’s payroll tax “holiday” expires and the American people get socked right where it counts — in the pocket book. And just … More

    Enough Political Theater - Time for Congress to Get the Job Done

    As the clock counts down toward Christmas, Congress still has major unfinished business to attend to.  Not that we should be surprised.  Emblematic of a resoundingly disappointing year, the last remaining issue to be resolved directly affects the pocketbooks of Americans.  Just days from now, the payroll tax “holiday” will … More

    Appropriations Tracker FY 2012 Shows Spending up, Not Down

    With fiscal year 2012 spending bills now at the brink of completion, The Heritage Foundation’s Appropriations Tracker: FY 2012 has been updated to reflect the final tally. Combined with three bills enacted in November, the massive “megabus” legislation under consideration today brings total base discretionary budget authority to $1.0429 trillion, … More

    Morning Bell: An 11th-Hour Spending Deal That Comes Up Short

    With Christmas just a week away and the new year nearly upon us, Congress came within a whisper of yet another potential government shutdown and once again demonstrated its inability to make substantive spending cuts and deliver the American people the reforms necessary to secure America’s fiscal future. Rather than … More

    After the Super Committee: 'Massive' Education Cuts? Think Again

    The “super committee’s” failure to reach an agreement to reduce federal spending is supposed to trigger automatic spending cuts—some of which could decrease funding for the Department of Education beginning in 2013. This has the education unions and Secretary Arne Duncan up in arms. Randi Weingarten, president of the American … More

    Chart of the Week: Runaway Spending, Not Low Tax Revenue, Fueling Deficits

    Following the failure of the Joint Select Committee on Deficit Reduction, Sen. Pat Toomey (R-PA) criticized liberals for insisting that any deal include a massive tax hike. In a speech at Heritage last week, he said tax revenue isn’t the problem facing the United States in the future; it’s the … More

    Obama Wants to Cut Taxes? Don't Believe It for a Second.

    Liberals stumping for tax cuts are as rare as three-dollar bills and hardcover digital books, and for good reason. Devoid of any other organizing principle, the only job of progressivism today is to grow government, and taxation is the blood stream of government. It is thus with the same healthy … More

    Online Chat on the Super Committee

    The Super Committee failed to meet its Thanksgiving to cut $1.2 Trillion from the federal budget. Now what? Click here to join our live “Lunch with Heritage” online chat. We are joined by Heritage’s Director of Economic Policy Studies Alison Fraser. She is taking your questions about why the Super … More

    Supercommittee Failed, and Spending Is Still the Problem

    Tax hikes were the focal point of the contentious, failed supercommittee negotiations designed to reduce the national debt by at least $1.2 trillion. Democrats wanted massive tax hikes. Republicans flirted with a tax reform deal lowering rates and closing loopholes. But the fact that tax hikes were at the center … More

    Super Failure: No Spending Cuts, and the Debt Keeps Rising

    With the failure of the super committee to recommend at least $1.2 trillion in deficit reduction, Congress’s latest attempt at budget control has collapsed. There will be many analyses of why the process did not work, but it’s worth stepping back to recall what generated the need for this extraordinary … More