Sequestration: Spending Cuts Needed, but Get the Policies Right
Tonight’s presidential debate is a good opportunity for President Obama and Governor Mitt Romney to tell the nation what they would do about our spending… Read More
As Spain and Greece Burn, Estonia Offers a Lesson
Over the past few days, new strikes and riots have convulsed Greece and Spain. Conventional wisdom (including from economist Paul Krugman) suggests that cuts in… Read More
News
Why Larry Summers Is Wrong About the British Economy
Harvard economist Larry Summers claims in The Washington Post that aggressive fiscal austerity in the U.K. is the primary cause of its continued economic stagnation…. Read More
Flawed Sequestration Report Reinforces Need to Reverse Damaging Defense Cuts
The Obama Administration’s recent report on how it would slash nearly $500 billion more from national defense over the next decade leaves lawmakers, the military,… Read More
Are Spending Cuts as Harmful as Tax Increases?
Wednesday’s warning by the Congressional Budget Office (CBO) that the fiscal cliff is likely to push the economy back into recession should bring things sharply… Read More
Hidden Effects of the Sequestration Cuts to Defense
One of the interesting and disturbing aspects of the ongoing debate about how the sequestration cuts will gut the defense budget by nearly $500 billion… Read More
A Lesson from Greece
We’ve corrected Paul Krugman in the past, when he mistakenly invoked imaginary British spending cuts as proof that undercutting Keynesian hydraulics will demolish an already… Read More
Are the British Practicing “Austerity”?
Some prominent left-wing commentators have devoted weekly columns and blogs to the notion that Great Britain has misguidedly pursued harsh spending “austerity” and that doing… Read More
Chart of the Week: How to Simplify the Tax Code and Lower Taxes
House Republicans return to Washington today to vote on a two-month payroll tax extension. If news reports are correct, the bill is likely to fail,… Read More
EconomyNews
PODCAST: Debt Deal or Not?
In this week’s Heritage in Focus podcast, Heritage Action for America CEO Mike Needham discusses the latest on the debt negotiations. Listen to the full… Read More
