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    Two Years After Downgrade, U.S. Credit Rating Hasn’t Recovered—and Debt Is Worse

    Two years ago today, Standard & Poor’s downgraded the U.S. credit rating—and it hasn’t recovered since. Then, the downgrade came because the President and Congress failed to resolve the long-term spending and debt crisis. Now, the situation is even worse. Congress and the President should rein in out-of-control spending and … More

    NSA, Immigration, and Obamacare: Here's What You Missed from Conversations with Conservatives

    Conservative members of Congress gathered Wednesday to talk with national press and bloggers about defunding Obamacare, the farm bill, immigration reform, and the National Security Agency leaks. Missed out on the live event? Don’t worry. You can watch the conversation here and read the top tweets below. Conservative forum turning … More

    Detroit Bankruptcy Is No Time for Federal Bailouts

    The city of Detroit filed for Chapter 9 bankruptcy protection yesterday with some $18 billion in debt, making it the largest municipal bankruptcy in the United States. There will inevitably be calls for the federal government to bail out Detroit. Washington should set a firm precedent now that it will … More

    Seven Reasons to Reform Food Stamps

    Food stamps were a popular topic of conversation last month as Congress debated the farm bill. This decades-old Great Society program is in much need of reform for at least seven reasons: Food stamp spending has surged. Costs have been climbing since the program began in the 1960s, recession or … More

    Farm Bill: The House of Second Chances

    The farm bill died in the House—but could it live again? House Majority Leader Eric Cantor (R-VA) is reportedly pushing to split up the old farm bill and take food stamps out of it. The Heritage Foundation has argued that it didn’t make sense to combine the bloated food stamp … More

    Senate Passes Bill That Fails to Fix Immigration and Border Security

    “The Americans will always do the right thing,” Winston Churchill (who was half-American) once declared, “after they’ve exhausted all the alternatives.” The Senate proved today—in passing a massive, complicated, budget-busting bill that fails to fix our flawed immigration system and broken borders—that it has not yet exhausted all its alternatives. … More

    Morning Bell: Washington Is Cuckoo for Food Stamps

    UPDATE: The U.S. House defeated the $940 billion food stamp and farm bill by a vote of 195 to 234. Today’s win should be considered a victory for taxpayers and a reaffirmation of fiscal responsibility. The House is debating its farm bill this week—and now Democrats are saying it doesn’t … More

    Morning Bell: Congress Is Trying to Fool You on Immigration

    Congress is trying to fool you. Here’s how they do business. A piece of legislation is going to cost trillions of dollars, but Members of Congress don’t want the public to see that. Instead, they have the Congressional Budget Office (CBO) look at the bill for just the first 10 … More

    Farm Bill Barely Nibbles at Food Stamps

    As the debate over the farm bill continues, a great deal of hoopla has been made about cuts to the food stamps program. The Obama Administration has called the proposed cuts “harmful” and “unacceptable,” and has even threatened to veto the bill because of the cuts. But what exactly are … More

    Morning Bell: 17 Reasons the $17 Trillion Debt Is Still a Big Deal

    Remember the debt? That $17 trillion problem? Some in Washington seem to think it’s gone away. The Washington Post reported that “the national debt is no longer growing out of control.” Lawmakers and liberal inside-the-Beltway organizations are floating the notion that it’s not a high priority any more. We beg … More