• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • spending

    Morning Bell: Uncontrolled Spending Is the Real Threat

    All across Western Europe—the land of platinum-plated social benefits, the 35-hour work week, tony retirement plans and government-funded health care—countries are coming to the realization that they can no longer afford these luxuries amid skyrocketing deficits. Yet here in the United States, as we face a $14.3 trillion deficit, some are … More

    Pentagon Warns on Cost of Obama's Military Cuts

    The Pentagon has issued a warning: the major cuts to the military that President Obama proposed in his speech on spending are going to come with a heavy price. Reuters reports: The United States may have to scrap some military missions and trim troop levels if President Barack Obama sticks … More

    Military Already Being Cut, But Obama Makes It Official

    President Obama on Wednesday announced $400 billion in defense cuts between now and 2023. But in reality, defense budgets have already been cut, are being cut now, and will be cut even further in the future. And it’s happening at the expense of national security. He specifically referenced $400 billion … More

    More Continuing Resolution Transparency, Please

    One issue that has come to the forefront in the debate over a continuing resolution to fund the government for the remainder of the year is transparency.  Speaker of the House John Boehner (R-OH), Senate Majority Leader Harry Reid (D-NV) and President Barack Obama negotiated a deal on Friday averting … More

    Morning Bell: Showdown Over A Shutdown

    It has been more than 40 days since the House passed a budget for 2011, cutting spending by $61 billion. The task was left undone by the previous Democrat-controlled Congress, the first time since 1974, an embarrassing feat for a body charged with holding the purse strings. Today that task … More

    Congress Still Has Time Before It Must Deal with the Debt Limit Issue

    As Heritage expert J.D. Foster, Ph.D. noted in his January 2011 paper “Congress Has Time and Options on Debt Limit“, Congress had time to discuss how it wants to proceed on the debt limit.  Secretary of the Treasury Timothy Geithner’s letter of April 4, 2011 estimates that the Federal Government will … More

    Debt Crisis Begs the Question: "Are We Citizens or Subjects?"

    There are two sides to our federal debt crisis—an economic one and a civic one—and both demand attention. As lawmakers in Washington focus their attention on the budget, they would be wise to remember the policy objectives behind their necessary reforms. They must ask: Are we a nation of citizens … More

    Guest Blog: Rep. Todd Akin on Budgeting for the Common Defense

    Next week, the House Budget Committee will consider the fiscal year 2012 budget resolution in what is expected to be a marathon committee markup.  The committee faces a dire budget reality; with entitlement spending that is absorbing essentially all of our federal income, while non-security discretionary spending is dramatically increasing. … More

    Morning Bell: Harry Reid Chooses Shutdown Over Responsibility

    You would think liberals in Congress have nothing better to do with their time. Amid a war in Libya, an effort to aid earthquake and tsunami-stricken Japan, a continuing war in Afghanistan, rising gas prices and endless unemployment, Senate Majority Leader Harry Reid (D-NV) and the Democratic leadership in the U.S. Senate … More

    An Additional $47 Billion in Spending Cuts for the Continuing Resolution

    House Republicans are now pledging to reduce fiscal year 2011 discretionary spending to $100 billion below President Obama’s original request. As reported, this new budget proposal would: Unwisely reduces security spending by $16 billion relative to President Obama’s request; and Reduce non-security spending by $84 billion relative to President Obama’s … More