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    Chart of the Week: How Social Security Is Contributing to the Spending Crisis

    Last week’s presidential debate at the Reagan Library elevated Social Security as a national issue that could reshape the 2012 campaign. Candidates spent the week trading blows about the role of the 76-year-old social insurance program. Leaving aside the political rhetoric, one thing is certain: Social Security needs to be … More

    More 'Stimulus' Spending on Failed Public Safety Grant Programs

    President Obama’s plan for turning America around is big on new spending, with insincere promises of budget cuts to come later. In particular, the President called on Congress to spend an additional $5 billion on federal subsidies for the salaries of local police officers and firefighters. The additional $5 billion … More

    Depends on What You Mean by 'Meeting': Super Committee Expected to Be Super Secret

    The Joint Select Committee on Deficit Reduction (also known as the “super committee”) met for the first time today. This bipartisan, bicameral committee was created in the law increasing the debt limit and is tasked to find between $1.2 and $1.5 trillion in savings over the next 10 years. Membership … More

    Morning Bell: Big Government Rising?

    How does a trillion dollars in more federal government spending sound to you? For most Americans, the idea of growing government at a time when deficits are sky high might seem preposterous. But for many on the left, it’s the only way they can think of to get the economy … More

    Big Labor Makes Big Spending Demands on President Obama

    The Big Labor full-court press is in full swing ahead of President Barack Obama’s speech next week in which he will roll-out a new jobs plan. What do they want? You guessed it: more government spending (as if an auto industry bailout, Obamacare, and a $780 billion stimulus weren’t enough.) Yesterday, … More

    Social Security's Disability Program Faces an Empty Trust Fund

    With continuing unemployment problems driving more and more Americans to seek Social Security disability benefits, that program’s already weakened trust fund faces a bleak future. Just as unemployed older workers have been forced to apply for Social Security retirement benefits much earlier than they expected, thousands of other unemployed people … More

    Heritage Radio: Member Questions, U.S. Credit Downgrade, Poverty

    This week’s Heritage Libertad Radio program – half in English, half in Spanish – covered the recent S & P downgrade, including a discussion with economist JD Foster; a discussion on the recent report on poverty with expert Robert Rector; and a segment answering member questions. Among them: How does … More

    Conservatives to Super-Committee: Think Big, Really Big

    Congressional leaders led a national debate in July 2011 about the problems of federal overspending and overborrowing.  Unfortunately, at the end of the debate, Congress enacted a so-called Budget Control Act that did little to control overspending and vastly increased borrowing.  Congress then scooted out of town for the month of … More

    Obama's Upside Down Press Conference

    President Barack Obama made two fundamental mistakes today in his press conference which was intended to calm the markets. First, he did not lead off with a moment of reflection on the loss of American military lives in Afghanistan over the weekend. Second, he completely missed the boat on why Standard … More

    Education Spending? Sounds Good -- Until the Tax Man Cometh

    According to a new poll by the education research journal Education Next, 65 percent of the American public wants education spending to increase. That figure, the poll’s architect Paul Peterson notes, is the kind of polling data “that the president’s political advisors undoubtedly rely upon when they decide to appeal … More