Thursday was a really bad day for the Indian economy. Gross domestic product (GDP) growth for the October–December quarter came in at 4.5 percent, continuing to weaken. Worse, the central government budget for the next fiscal year leaves India on the same, failing course it’s been on of undisciplined spending …
All this talk of “spending cuts” in sequestration is forgetting one important point: These aren’t true spending cuts. They are reductions in the rate at which government spending is continuing to grow, said Heritage President-elect Jim DeMint on “The Kudlow Report.” He told host Larry Kudlow, “You can see…there’s no …
Can a politician advocate budget cuts and succeed? The answer is found in the politics of President Calvin Coolidge, a man whose persistence led to reductions in the size of government, according to Amity Shlaes, the author of a new biography on the 30th President entitled simply, Coolidge. “[There is] …
As the Obama Administration attempts to move toward universal, taxpayer-funded preschool, policymakers should examine the experiences of states that have offered such programs for more than a decade. Both Georgia and Oklahoma have done so, but there is little evidence that taxpayers and children are benefiting. Universal Preschool in Georgia. …
If you aren’t nervous, you should be. The President is, once again, talking about a “balanced approach” to fixing sequestration—the across-the-board budget cuts scheduled to hit America. Translation: your pocketbook is threatened. The last time the President negotiated a “balanced” package was January’s fiscal cliff deal. He said that only …
Addressing our nation’s overspending problem cannot be done without reforming entitlements, especially Medicare and Medicaid. As Washington remains clearly divided over how to get it done, Senator Orrin Hatch (R–UT) has outlined 5 health care reforms that are bipartisan. These reforms have had the support of both parties in the …
