Budget Outlook Getting Worse, CBO Report Shows
The figures released today by the Congressional Budget Office (CBO) once again reflect the magnitude of the federal government’s fiscal problem and the urgent need… Read More
Stop the Madness: National Debt Threatens our Prosperity
I propose this simple New Year’s resolution for Congress, pass a budget before borrowing any more money. Today marks the 1,000th day without a budget… Read More
Morning Bell: State of Dysfunction
Tonight, Americans who tune in to the State of the Union will watch the work of a rhetorical master with a flair for illusion. President… Read More
1,000 Days Without a Budget: Facts on the Senate’s Failure
Tuesday, January 24, will mark the 1,000th day since the U.S. Senate has passed a budget—an egregious dereliction of duty on Senate Majority Leader Harry Reid’s (D–NV) watch. By… Read More
In Europe, Reducing Spending Necessary, but Not Sufficient, to Restore Economic Freedom
If the 2012 edition of Heritage’s Index of Economic Freedom has bad news for the United States, the news for Europe is not much better…. Read More
VIDEO: The Reality of America’s National Debt
America’s total debt now tops $15.2 trillion—the size of the entire economy. While this is a real concern, the greater problem is the growth of… Read More
Chart of the Week: Defense Spending Throughout U.S. History
President Obama visited the Pentagon on Thursday to outline his plan for gutting our nation’s military. Obama’s vision makes America more vulnerable to foreign threats… Read More
Voters in Iowa, New Hampshire Say Federal Budget Deficit Is No. 1 Issue
New polling data reveals that voters in Iowa and New Hampshire overwhelmingly believe the federal budget deficit is the most important economic issue facing the… Read More
How Would Americans Help Economy? Less Government.
Throughout his presidency — and especially over the last year — Barack Obama has turned toward a bigger federal government as the answer for fixing… Read More
No Surprise this Christmas: Washington’s Wasteful Spending Continues
Oregon cheese, IHOP pancakes, and a Hawaiian chocolate festival. Your mouth may be watering right now, but watch out—there’s a bitter aftertaste. These foodstuffs are… Read More
