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    Semantics: “New Revenues” v. Tax Increases

    If you’re following the evolving terms of the budget debate, the hip new phrase is “new revenues.” It sounds so much cooler than “tax increases.” Both parties are massaging their rhetoric in the debt ceiling fight, and the media are using the phrase “new revenues” to describe proposals to reduce … More

    Oil Tax Hike is About Raising Revenue, Not Clean Up

    Instead of concentrating on the cause of the oil spill, lawmakers on Capitol Hill appear to be focused on liability limits and oil tax increases. The White House and some Members of Congress are pushing for a one-cent increase per-barrel of oil produced – from eight cents to nine. In … More

    Check Out the 2010 Budget Chart Book--New and Improved!

    The federal budget is on an unsustainable course with red ink as far as the eye can see, so it is especially important for Americans to understand spending, taxes, and debt.

    The Heritage Foundation’s Budget Chart Book is a user-friendly way to learn about the federal budget in pictures. More

    Bringing Hugo's Tax Policy to U.S.

    “ObamaNation” was apoplectic over ABC News’ decision to question Barack Obama over his associations with a Louis Farrakhan-sympathetic preacher and a college professor up from the Weather Underground. But the Illinois senator’s answers on questions that dealt with policy were even more illuminating. A segment on the economy included this … More