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    Paul Ryan’s Budget Proposal Makes Defense a Priority

    This morning at The Heritage Foundation, Representative Paul Ryan (R–WI), chairman of the House Budget Committee, sat down with Heritage’s David Addington, Michael Franc, and Stuart Butler to discuss his budget proposal The Path to Prosperity: Restoring America’s Promise and President Obama’s fiscal year (FY) 2013 budget. The importance of … More

    First Reactions to Ryan’s Path to Prosperity Budget

    There are six key elements to a successful federal government budget, including the plan released today by House Budget Committee chairman Paul Ryan (R—WI): Does it cut spending sharply and quickly? Does it begin decisive entitlement reform? Does it avoid any tax hikes? Does it ensure a strong national defense? … More

    Morning Bell: Get on the Path to a Balanced Budget

    Paul Ryan (R-WI), Chairman of the House Budget Committee, will release his budget blueprint today in what will surely be one of the most important policy developments in Washington this year. If as expected Senate Democrats fail yet again to advance a budget for the government, then the Ryan Budget … More

    CBO Shows Obama’s Budget Produces More Staggering Spending and Debt

    The Congressional Budget Office (CBO) estimate of the President’s budget reveals a reckless fiscal plan that shirks the spending cuts in the Budget Control Act and increases spending by more than $1 trillion over the next 10 years. It confirms that Obama is the first President to preside over four … More

    The Millionaire Surtax: Back from the Dead?

    The “millionaire surtax” is the Michael Meyers of bad tax policy. Like the villain in the Halloween movie franchise, it keeps rising from the dead. Just as the writers of the infamous horror movies keep coming up with more preposterous ways to revive Mr. Meyers, the surtax keeps coming back … More

    Obamacare: Higher Taxes, More Uninsured, Says CBO

    On March 13, the Congressional Budget Office (CBO) updated its score of Obamacare, announcing that the program is $48 billion cheaper than in its previous 2011 score. The primary reason for this change is that more individuals will lose their employer-provided coverage than originally anticipated, and the government will collect … More

    New Poll: Most Voters Say America is Overtaxed

    More bad news for those who want to raise taxes in order to pay for another boatload of government spending: The vast majority of Americans say that the country is taxed enough already. According to a new Rasmussen poll, 56% of likely U.S. voters believe America is overtaxed. Those numbers follow … More

    The 10 Terrible Provisions of Obamacare You May Not Have Heard Of

    Obamacare includes such a variety and volume of negative policies that it’s hard to keep track of them all. Here is a list of 10 terrible provisions that every American should be aware of: It increases taxes on families earning over $250,000. In 2013, the employee portion of the Medicare … More

    Morning Bell: Obama’s Hidden Tax Hikes

    EXCLUSIVE: It could be said that President Obama has never seen a tax hike he doesn’t like — whether it’s letting the 2001 and 2003 tax cuts expire, insisting on higher taxes for job creators, and yesterday calling on Congress to raise taxes on the oil industry. But as much as the … More

    Politico and Liberal Economists—Not Congress—Considering Tax Tradeoff

    In a recent article titled “Hill Weighs Tax Trade-offs,” Politico reports that Congress is considering lowering the corporate tax rate and replacing the lost revenue with higher tax rates on capital gains and dividends. But the article cites no “Hill sources” considering such an ill-conceived swap. There are only vague … More