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    Morning Bell: In Debt Limit Debate, Higher Taxes Aren't the Answer

    Republican congressional leaders will meet in the White House today with their Democratic counterparts and President Obama in an effort to reach an agreement on the debt ceiling. Reports are sketchy as to whether they will succumb to arm-twisting by the White House, amplified in the media, to cut a … More

    The Left's Desperate, Devious and Dangerous 14th Amendment Ploy

    Seeking to make virtue out of vice, the political Left has launched a desperate, devious and dangerous ploy to prevent the spending cuts that the public demands. They are laying the groundwork for President Obama to bypass negotiations and to ignore the $14.3-trillion statutory ceiling on federal debt.  They want … More

    Battle of the Charts: Spending Is the Problem, No Doubt About It

    While Americans across the country were celebrating independence on Monday, Talking Points Memo (TPM) was churning out its “Chart of the Day” to support the false claim that the nation doesn’t have a serious spending problem. According to TPM, conservatives in Congress are focused on cutting discretionary spending as part … More

    Heritage Radio: Fast and Furious, Rep. Price on Debt Ceiling, More

    In this month’s Libertad Radio Show on WBER in Fairfax, Virginia, our Heritage team had a chance to sit down with experts and political leaders to discuss issues ranging from Mexico and Afghanistan, to the economy and jobs. The first half of the hour-long show is in Spanish, the second … More

    VIDEO: Public Opinion on Debt Ceiling and Government Spending

    Bankrupting America is out with a new video today running though recent polling data on the debt ceiling and government spending. As lawmakers in Congress continue to debate the issue — the Senate will skip its Independence Day recess for the first time since 1974 — it’s worth reflecting on … More

    Rumsfeld: Cutting Defense 'A Grievous Mistake'

    As the White House and Congress continue to work toward a debt-ceiling deal, it appears that opposition to defense cuts is dwindling, even among House Republicans. The Hill reported Thursday that “As few as 30 House Republicans would likely consider voting against a debt-ceiling deal that cuts $300 billion from security … More

    New Stimulus Plan Same as the Old: Spend, Spend, Spend

    While the rest of the country talks about the urgent need to reduce the crushing debt burden and get the U.S. fiscal house in order, Senators such as Harry Reid (D–NV) and Charles Schumer (D–NY) propose spending even more. But unlike the main character in the musical “Spend, Spend, Spend,” … More

    PODCAST: Heritage 2011 Budget Chart Book

    In a new Heritage in Focus, Heritage research assistant Emily Goff discusses our 2011 Budget Chart Book which shows in vivid detail the severity of America’s spending crisis. Listen to the full interview here. In this podcast, Goff offers solutions to prevent us from worsening our fiscal situation. In addition, … More

    CBO Long-Term Budget Report: Our Dire Fiscal Situation

    Today’s release of the 2011 Long-Term Budget Outlook by the Congressional Budget Office (CBO) yet again confirms what we already know: America’s budget is continuing down an unsustainable path, and the longer we wait to address this problem, the more painful the policy fixes will have to be. The CBO … More

    Morning Bell: Pictures of America's Fiscal Nightmare

    There’s urgency in Washington to fix a problem that’s been a long time coming: America’s fast track to fiscal implosion. In The Heritage Foundation’s just-released, expanded 2011 Budget Chart Book, you can see just how bad the country’s spending problem is and how America racked up so much debt. Congress … More