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    Morning Bell: Obama's Fake Budget Marketing Exposed

    President Obama is marketing his new budget by saying it has “more than $2 in spending cuts for every $1 of new revenue.” Is this true? In a word, no. In fact, his spending increases and advertised spending cuts cancel each other out—leaving only a massive tax increase. The President … More

    Morning Bell: 5 Things to Know About the Obama Budget

    President Obama finally released his budget yesterday—more than two months late. Heritage experts immediately went to work analyzing the mounds of new spending on education, manufacturing, “clean energy,” infrastructure, and small business. But the President didn’t stop at more of the same failed stimulus and Solyndra-type policies. He also piled … More

    Damaging Policies Add Up to $1 Trillion Tax Increase in Obama Budget (UPDATED)

    UPDATE: The official total tax increase in President Obama’s budget is now available in the Treasury Department’s “Green Book.” Treasury scores the total net tax increase from all President Obama’s tax polices at more than $1.1 trillion over 10 years. There was little doubt that President Obama would propose a … More

    The Obama Budget: Heritage Experts' Analysis

    Minimum Wage President Obama’s budget proposes raising the minimum wage to $9 an hour. This would hurt the very workers the President wants to help. When the price of something rises, people—both consumers and employers—purchase less of it. Americans responded to the higher cost of gas by driving less. Businesses … More

    National Financial Capability Month: Is President Obama Setting a Good Example?

    Last week, the President declared April 2013 National Financial Capability Month in an effort to encourage Americans to budget responsibly. This is a commendable goal. However, with the President’s budget more than two months late, it’s worth considering how the President is managing the nation’s finances: He grew the national … More

    Morning Bell: Thanks to Obamacare…

    It’s Obamacare’s third anniversary. Though many key parts of Obamacare—including some of its tax hikes and mandates—don’t go into effect until next year, Americans are feeling many of its changes already. Please share these impacts to mark three years of this bureaucratic nightmare. Tweet this | Share on Facebook  Learn … More

    The RSC Budget: A First Look

    The Republican Study Committee (RSC) has proposed a budget that balances in just four years while holding tax revenue at near its historical average. It advances more aggressive entitlement reforms than the House Budget Committee plan, including Social Security, and features deeper spending cuts. Nevertheless, the plan also suffers weaknesses, … More

    Morning Bell: A Stark Choice for America's Budget

    For the first time in four years, the U.S. Congress is engaged in a full-throated budget debate. Take a moment for at least a quiet “Hurrah!” The federal government has at last embarked on its most basic responsibility. This was the price exacted by House Republicans from Senate Democrats for … More

    Senate Democrats Want Unnecessary $1.5 Trillion Tax Increase

    It has been nearly four years since the last time the Senate passed a budget. In that time, it hasn’t as much as proposed a budget. That at long last changed yesterday when Senate Budget chairwoman Patty Murray (D–WA) released a budget plan for next year. Now that the Democrats … More

    Morning Bell: First Look at the 2014 Ryan Budget

    At first look, the budget unveiled today by House Budget Committee Chairman Paul D. Ryan (R-WI) advances much-needed reforms and importantly accomplishes the crucial goal of balancing the budget within the decade, though this is partially on the coattails of Obama’s tax increases. Not a silver bullet, it is more … More