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    CBO Figures Once Again Prove Tax Hikes Unnecessary to Fix Budget

    The Congressional Budget Office (CBO) just released its long-term outlook for the federal budget. As expected, we are going broke slightly faster than we were a few months ago. No doubt the usual bigger-government types will use this news to repeat the mantra that we need to both cut spending … More

    Senate Republicans Set to Bargain Away Our National Security

    One month ago today, millions of Americans voted to reject big-government and the backroom deals that defined the Obama presidency.  Now, some of the same Senate Republicans who rode that momentum to electoral victory appear to be on the verge of ignoring that message by striking a deal to trade … More

    Soaking the Rich Would Not Solve the Long-Term Deficit Crisis

    Earlier this week, we reported on The New York Times’s “deficit puzzle,” which allows you to close both the short-term and long-term budget gaps for the years 2015 and 2030 using cuts to domestic and defense spending, Medicare and Social Security reform, or tax increases. We used the puzzle to … More

    How Would You Reduce the Deficit?

    Last week, the co-chairs of the President’s deficit commission released a report of possible proposals for the commission’s final report. Recommendations included cuts to discretionary, mandatory, and defense spending as well as tax increases. The report was a good start to the debate and will gauge the readiness of lawmakers … More

    Morning Bell: Get to Work Stopping the Obama Tax Hikes

    Last night, during a taped interview with 60 Minutes, President Barack Obama told Steve Kroft: “I thought the economy would have gotten better by now. One of the things I think you understand as president is you’re held responsible for everything. But you don’t always have control of everything.” President … More

    Greenspan’s Latest Mistake: Tax Hikes

    The recent global financial panic and recession had many authors. Millions of individuals and businesses made bad decisions about investing and debt. Scores of big shots like Dick Fuld, former CEO of now defunct Lehman Brothers, gambled big and lost bigger. And then there were those few who were in … More

    Spending Cuts Are Good for the Economy

    Reducing budget deficits by cutting government spending has a stronger record of economic stimulus than either reducing the deficit with tax increases or increasing government spending. That’s what Harvard economists Albert Alesina and Silvia Ardagna have found in their recent research. They examined 107 instances of large reductions (at least … More

    Video of the Week: JFK Says No to Obama Tax Hikes

    As Congress returns to Washington next week, the fight over the Obama Tax Hikes has already begun. President Obama has indicated that he plans to allow taxes to rise while also announcing a new “stimulus” that even some in the White House refuse to promise will stimulate the economy. The … More

    New Video: President Obama's Recovery Summer Vacation

    As the summer begins to wind down, many are beginning to take a second look at the grandiose promises made by the Administration about this summer before its start. While this “Recovery Summer” was lauded as the must-see event of the summer, the reality failed to match the rhetoric. But … More

    Obama's Tax Hike: The Movie

    As we have been reporting, President Barack Obama is set to let tax rates increase at the end of this year. Obama’s tax hike will have devastating effects on an economy already on the ropes. There have been a lot of myths spread by the left about the supposed dangers … More