From the hype surrounding the newly announced $26 billion settlement over abusive foreclosure and mortgage servicing practices, one might think that it would single-handedly solve… Read More
Families and businesses have budgets, yet Washington doesn’t — and it hasn’t for the last three years. Senate Majority Leader Harry Reid (D-NV) doesn’t think… Read More
The deal reportedly reached Thursday to release another 130 billion euro bailout for Greece is just one more temporary fix. Greece will get enough new… Read More
When John F. Kennedy was President, just over a quarter of federal spending went to fund programs paying for some 21.7 million Americans to be… Read More
The 2012 Index of Dependence on Government, released today, should be a wake-up call for America. Published by The Heritage Foundation for the past 10… Read More
It is bad enough that, after more than 1,000 days since passing a budget resolution, the Senate has decided to forgo this fundamental obligation once… Read More
In his two terms in office, President Ronald Reagan gave America a powerful transfusion of his own optimism and hope. He rekindled a sense of… Read More
EconomyCommentary
Saturday marks the anniversary of the passage of the Interstate Commerce Act, which in 1887 created the first federal regulatory agency, the Interstate Commerce Commission… Read More
EconomyNews
Earlier this year, the Obama Administration trumpeted the recently passed United Nations regular budget as a triumph of fiscal discipline. To some degree, it is… Read More
The Obama Administration and the nation have cause to breathe a sign of relief as today’s monthly jobs report shows 243,000 jobs were created in… Read More
President Obama’s choice of a Michigan trial lawyer to serve on the Consumer Product Safety Commission would shift the balance of power at the agency… Read More
On December 31, a set of approximately 50 tax-reducing provisions commonly referred to as the “tax extenders” expired. These provisions, which apply to both individuals… Read More
In his recent commentary in the Financial Times, Kenneth Rogoff, a professor of economics at Harvard, made a strong case for the importance of education… Read More
Indiana’s Senate yesterday passed—and Governor Mitch Daniels (R) signed—the state’s long-awaited right-to-work law, making it the 23rd state in the nation and the first state… Read More
Here’s some news that federal bureaucrats in Washington — and indeed around the country — don’t want to hear: According to a Congressional Budget Office… Read More
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
The Congressional Budget Office (CBO) released a report yesterday showing that federal employees receive substantially more compensation than similarly skilled workers in the private sector…. Read More
Join us live at Noon Eastern as U.S. Senator Jim DeMint (R-SC) speaks at The Heritage Foundation Bloggers’ Briefing. Senator DeMint will discuss his book,… Read More
In 22 states in the Union, workers have the freedom under “Right-to-Work” laws to decide whether or not to pay union dues, and now Indiana… Read More
Millions of American homeowners face foreclosure, but at least one sort of housing crisis has been remedied: No longer will research rats suffer the indignities… Read More
President Obama unveiled a long list of economic policies during the State of the Union address that he wanted Congress to focus on this year…. Read More
How many times should your money be taxed? One time? Two times? Three times? Four? Sounds like a ridiculous proposition, but that’s the true story… Read More
Beneath the President’s bully pulpit in the House of Representatives last night must be a very thick carpet under which Barack Obama managed to sweep… Read More
A high school diploma has long served as the most basic requirement for an entry-level job (notwithstanding declining standards in government schools). But now comes… Read More
President Obama will release his annual budget proposal late yet again. Choosing the date is not merely a convention. By law, the President must release… Read More
IMF Managing Director Christine Lagarde has been talking up the need for greatly expanded resources to bail out ailing European economies. European nations have offered… Read More
Leading up to his third State of the Union (SOTU) address tonight, President Obama appears once again less interested in facilitating real job growth than… Read More
When the Chinese government is the sole source of information, how much of it should be believed? In terms of economic performance, not that much…. Read More
For the past two weeks, Washington has been in the depths of a discussion about the best way to stop the online theft of intellectual… Read More
Draconian defense budget cuts of at least $450 billion—and possibly as much as $1.2 trillion under sequestration—are casting doubt on the U.S. commitment to peace… Read More
