This week, President Obama and House Speaker John Boehner (R-OH) have been trading secret offers on the fiscal cliff. Last night, they met for nearly an hour, and emerged with zipped lips about what progress—if any—they made on averting tax hikes across the board and automatic, deep budget cuts that …
“We make some tough spending cuts on things that we don’t need; and then we ask the wealthiest Americans to pay a slightly higher tax rate. And that’s a principle I won’t compromise on.” At yesterday’s fiscal cliff campaign stop in Redford, Michigan, President Obama delivered these remarks and hammered …
The $6 billion tab of 2011-12 election cycle political expenditures had barely been tallied before anti-free speech groups began calling for additional campaign finance reforms. With all the hyperventilating over the supposedly outsized spending on American elections, we thought it would be insightful to examine some of the things on …
Late Monday afternoon, the House Republican leadership lofted its latest offering to address the fiscal cliff. The kindest conservative response possible to this proposal is that it was “a dud.” It was much worse than a dud, however, as Heritage described in its initial response to the House proposal. Not …
As the federal government once again approaches the debt ceiling, partisans are again pulling out the heavy artillery: Don’t bother negotiating with Republicans on taxes and spending, they tell the President, just declare the debt ceiling in violation of the Fourteenth Amendment and ignore it. As a matter of law, …
According to Friday’s Washington Post, the Administration is considering a new, short-term tax cut. Should conservatives cheer? As a matter of principle, there are at least two reasons to dislike taxes and to applaud tax cuts. First, taxes take money away from those who made the money in the first …
Last night’s debate between President Obama and Governor Romney was supposed to focus on foreign policy. It turned into a wide-ranging conversation on everything from the Middle East to American teachers. Heritage Foundation experts were live blogging analysis throughout the night. Below are some highlights from their reactions. Join us …
Tonight’s presidential debate is a good opportunity for President Obama and Governor Mitt Romney to tell the nation what they would do about our spending crisis and the looming fiscal cliff—in particular, the problem of the automatic defense budget cuts. Leadership on this issue is crucial. Some conservative lawmakers are …
