CBO: Tax Increase Fails to Solve Spending and Debt Crisis
While President Obama keeps calling for more taxes, today’s figures from the Congressional Budget Office (CBO) show the tax hike he signed into law just… Read More
Don’t Gut Our Military: $150 Billion in Commonsense Proposals to Prevent Sequestration
Unless Congress acts, March 1 will trigger a $55 billion-per-year ($43 billion in 2013, as the fiscal cliff deal delayed the cuts for two months)… Read More
Morning Bell: Obama’s Second Inaugural Address, Translated
Members of Congress—who are about to debate raising the debt ceiling tomorrow—should have paid attention yesterday. The President was very clear that he sees no… Read More
Will Debt Ceiling Baby Step Lead Toward a Balanced Budget?
The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from… Read More
Chart of the Week: Growth of Government Assistance Adds to National Debt
More than 41 percent of the U.S. population is “enrolled in at least one federal assistance program,” adding tens of billions of dollars to the… Read More
Health Care Spending Remains Stable, but Not for Long
Health care spending actually didn’t skyrocket in 2011–but just wait. This week, the Centers for Medicare and Medicaid Services (CMS) Office of the Actuary released… Read More
The Washington Post Agrees: It’s Time to Make a Down Payment on Medicare Reform
The editorial board of The Washington Post, no organ of conservative opinion, is absolutely right: “Medicare as we know it is not sustainable,” and the… Read More
Chart of the Week: Government Spending Drives Debt Limit Higher
Even though Congress and President Obama reached a fiscal cliff deal, the fallout will continue to be felt by individuals, investors, married couples, and small… Read More
Top 10 Heritage Charts of 2012
If you’ve read our work, you probably know we love charts. Our signature products — the Index of Economic Freedom and Federal Budget in Pictures… Read More
Morning Bell: 10 Facts on the Fiscal Cliff, Debt, and Spending
Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just… Read More
