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    House Conservatives Offer Bold Proposal to Cut $2.5 Trillion in Federal Spending

    House conservatives are holding firm on their promise to cut federal spending. Speaking this morning at Heritage, Rep. Jim Jordan (R-Ohio) outlined $2.5 trillion worth of cuts between now and 2021 — a bold proposal called the Spending Reduction Act (SRA). Jordan, who serves as chairman of the Republican Study … More

    Tackling Deficits: The Chicago Way, and the Other Way

    While it’s being reported that every state (except Florida) had snow on the ground this week, 46 states are digging out of another kind of mess — a combined deficit of at least $127 billion. Democratic and Republican state leaders alike are grappling with structural budget deficits, many of whom … More

    Morning Bell: The Government Spending Threat to Economic Freedom

    This morning, The Heritage Foundation and The Wall Street Journal released the 2011 Index of Economic Freedom, and while the news is good for many countries, it is depressing for the United States. All told, 117 countries, mainly developing and emerging market economies, improved their Economic Freedom Index score. Meanwhile … More

    Morning Bell: Top Ten Reasons America Won't Miss the 111th Congress

    The 111th Congress is officially over, and according to Gallup, it’s also officially the worst Congress in the history of polling. Yet despite its 13% approval rating there are those who are hailing the 111th Congress for its myriad legislative “accomplishments.” Not surprisingly, many of those touting those “accomplishments” are … More

    The Euro Suffers an Identity Crisis

    Pity the poor euro. It’s a currency, but it’s asked to be so much more. More, indeed, than any currency can possibly be. The euro was born to glorious pomp and circumstance just 12 years ago, replacing a gaggle of currencies (including the mighty German D-Mark) with a single currency … More

    Lame Duck Congress, Will You Please Go Now!

    The lame duck Congress is a clone of Marvin K. Mooney.  He’s the Dr. Seuss character who refused to leave. Refusing to accept the voters’ record-low approval of Congress (13 percent according to Gallup) and refusing to accept their rejection by voters, those running the show are clinging to their … More

    Dodging the Debt Limit Stampede

    Brand-new Congressmen don’t take office until January, but they’re already consumed with worry about the national debt.  They’ll be faced with a vote expected next year to raise the debt ceiling beyond its current $14.3-trillion (about $47,000 apiece for everyone in America). The current $14.3-trillion debt ceiling has almost doubled … More

    Pledge to America is Step in Right Direction

    House Republicans should be commended for offering an alternative vision for America’s future, in their Pledge to America. It is an important element in moving America in the right direction. Conservatives must present ideas to America that are consistent with our nation’s founding principles and empower people, not government. The … More

    Setting the Record Straight: Spending Cuts

    The Heritage Foundation favors far-reaching reforms of our Federal Government’s spending, including with respect to entitlements. The ever-growing, out-of-control entitlement culture fosters dependency instead of self-reliance.  At the same time, the Federal Government takes and spends an ever-growing portion of the wealth of this Nation, and spends the money of … More

    Morning Bell: Half-Billion Dollar Schools Can't Fix American Education

    At $578 million, the Robert F. Kennedy School in Los Angeles is the most expensive public school ever built in America. It features a high-tech swimming pool, a chic auditorium, vaulted ceilings, luxury amenities and a design aesthetic worthy of a spread in Architectural Digest. ABC News reports that the … More