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    Tax Extenders Bill Still Contains Irresponsible Spending Increases and Dangerous Tax Hikes

    Congressional leaders have responded to the backlash against the original $174 billion cost of the “tax extenders” bill by reducing its cost by $47 billion. Even with the reduction, the bill will still add $84 billion to the deficit over the next decade. They have reduced the amount of spending … More

    A Tax Report in Search of the Economy

    On May 25, the Fiscal Analysis Initiative of Pew’s Economic Policy Group published an overview of what might happen to the federal government’s annual deficits should the tax relief of 2001 and 2003 be allowed to expire, be extended through 2012, or be made permanent. As readers may know, all … More

    Morning Bell: This Congress Has No Shame

    On February 4, 2010, pushing for passage of her pay-as-you-go (PAYGO) legislation, House Speaker Nancy Pelosi (D-CA) said on the House floor: “When I became Speaker of the House, the very first day we passed legislation that made PAYGO the rule of the House. Today we will make it the … More

    The Spending Must Stop

    Congress is at it again, spending more taxpayer money and significantly adding to the deficit in the process. This latest bout of irresponsible spending is $174 billion tacked on to an otherwise necessary bill to extend long-established, mostly sensible tax-reducing provisions known as the “tax extenders.”  The legislation, dubbed Stimulus … More

    Side Effects: Seniors Will Lose Big Under Obamacare

    Passage of Obamacare will have negative consequences for practically all Americans. However, it is the nation’s senior citizens who will get the short end of the stick after enactment of the President’s health care agenda. In a recent paper, Heritage health policy expert Robert Moffit, Ph.D., lays out the specific provisions of … More

    Osama bin Laden Wants to Cut Wasteful Spending?

    Yesterday, the House voted down a provision introduced by House Republican Whip Eric Cantor (R-VA) to cut a 2009 welfare expansion program. The introduction of this spending cut was a part of a new program by Cantor’s office called “You Cut”. The programs offers a website where Americans can go … More

    Guest Blogger: Rep. Joe Pitts (R-PA) on the VAT

    Today, 154 Republicans joined me on a letter to the President’s debt commission asking them to stand against a new value-added tax, or VAT. I’m proud to see our Conference unite against a tax that’s being pushed by Paul Volcker, John Podesta, and Nancy Pelosi. The VAT is clearly a … More

    Only VAT Can Fund Leftist Welfare State

    Recently in the Wall Street Journal, David Ranson pointed out what tax economists have known for a long time: no matter what changes Congress makes to the existing tax code, it will continue to raise the same amount of revenue as a percentage of GDP year-after-year. Ranson writes: Despite big … More

    America to Debt Commission: Read Our Lips—No New Taxes.

    Last week, the President’s debt commission held its kick-off meeting.  The National Commission on Fiscal Responsibility and Reform, a group of 18 lawmakers and policy experts, has been tasked with proposing a solution to the mounting financial crisis facing the United States government. As we show in our 2010 Budget … More

    Video of the Week: Pennsylvania Department of Revenue's Ode to Orwell

    The scene opens up on an image of the Earth and slowly zooms in down through the clouds while an ominous female narrator declares, “Your name is Tom … You live just off of 5th Street … Nice car, Tom—nice house.” As the camera sinks lower and lower, it finally … More