• The Heritage Network
    • Resize:
    • A
    • A
    • A
  • Donate
  • Taxes & Spending

    Morning Bell: Time For Congress to Lead on the Debt Ceiling

    As we saw at yesterday’s press conference, President Obama is not going to lead on the debt ceiling issue. Nor is he going to compromise or play a mediating role. He is more interested in blaming others for his troubles, demagoguing other solutions and running for re-election. This is why … More

    Setting the Record Straight: Spending Cuts

    The Heritage Foundation favors far-reaching reforms of our Federal Government’s spending, including with respect to entitlements. The ever-growing, out-of-control entitlement culture fosters dependency instead of self-reliance.  At the same time, the Federal Government takes and spends an ever-growing portion of the wealth of this Nation, and spends the money of … More

    Government Dependency Grows As "Non-paying" Taxpayers Hits Record Level

    The Tax Foundation recently released its annual report on the number of tax returns filed that have no tax liability, and the study shows a record number of “nonpayers” in 2008. Taxpayers become “non-payers” when credits and deductions wipe out any income tax they owe. According to the Tax Foundation … More

    Discretionary Spending Caps, A Good First Step

    After quietly increasing the federal debt limit from $12.1 trillion to $12.4 on Christmas Eve, the US Senate is beginning debate today on yet another increase. Hoping to avoid making the skyrocketing debt levels an election issue; this time around they want to pass an increase large enough to feed their … More

    Entitlement Reform? A 'Must Do' for Obama

    After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending, President-elect Obama has pledged to hold a “fiscal responsibility” summit focusing on entitlement reform. Although the devil is in the details, facing up to the … More