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 …
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? …
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 …
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 …
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 …
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 …