VIDEO: Freshman Lawmakers Make the Case for Government Spending Cuts
Many of the freshmen serving in the 112th Congress were elected last November riding a wave of Tea Party activism, fueled in part by frustration… Read More
Many of the freshmen serving in the 112th Congress were elected last November riding a wave of Tea Party activism, fueled in part by frustration… Read More
Since President Barack Obama was sworn into office total entitlement spending has grown 4%, total discretionary has soared 16%, and the national debt has exploded… Read More
Given the task of producing a plan to develop a new housing finance system after the crisis of 2008 and the failure of both Fannie… Read More
The U.S. Commerce Department today reported that the country’s 2010 trade deficit was $497.8 billion, an increase of $122.9 billion from 2009. Exports increased from… Read More
House Republicans are now pledging to reduce fiscal year 2011 discretionary spending to $100 billion below President Obama’s original request. As reported, this new budget… Read More
House leadership has recently laid out budgets cuts for next year’s budget. Join us tomorrow from 12-1 EST for our “Lunch With Heritage” online chat… Read More
Elected officials in Washington finally seem to get it that something must be done to reduce federal spending. Last week, House Republicans unveiled a plan… Read More
An AP article today explains that tax revenues this year are projected to be the lowest since 1950. Chalk this one up as a dog-bites-man… Read More
Next week, President Obama will release his budget proposal for fiscal year 2012. Though the President’s budget carries no real legislative weight, it will showcase… Read More
Americans saved more than $16 million on roses last year thanks to U.S. trade policy toward Colombia. Under the Andean Trade Preference Act (ATPA), many… Read More
Last week, House Budget Committee Chair Paul Ryan (R-WI) outlined $58 billion in non-security domestic spending cuts. Within hours, Senator Harry Reid (D-NV) attacked the… Read More
While there is much in today’s address by President Obama to the US Chamber of Commerce to unpack, one issue that deserves response were his… Read More
Forget the War on Business. That’s so 2010. Say hello to the War on Regulation. At least that’s the message coming from the White House…. Read More
As the Treasury Department reminded us on Wednesday, the federal government will likely reach the debt limit sometime between April 5 and May 31. Hitting… Read More
House Budget Committee chairman Paul Ryan (R–WI) has released a fiscal year (FY) 2011 budget target. This target—302 allocation in budgetary parlance—was necessary since the… Read More
New York Governor Andrew Cuomo (D) promised during his campaign that he would balance the Empire State’s budget without increasing taxes or borrowing. Left untouched,… Read More
On February 11, the U.S. Department of Commerce will release our country’s 2010 trade statistics. The following three principles will help in understanding what the… Read More
For the last couple of decades, Social Security analysts, public trustees, and even both Republican and Democratic Presidents have warned that unless the program is… Read More
The French Institute of Public Opinion recently asked people in several countries whether the market system and capitalism work quite well and should be retained… Read More
Reports that Americans are becoming increasingly hostile to trade are greatly exaggerated. The French Institute of Public Opinion (IFOP) recently polled people in several countries… Read More
The release of the final report(s) of the Financial Crisis Inquiry Commission (FCIC) brings to mind the story of several blind men trying to describe… Read More
EconomyNews
During last year’s State of the Union address, President Obama emphasized the need to restore fiscal responsibility in Washington. The federal government racked up a… Read More
Lest anyone tell you that the phase-out of (non-toxic) incandescent light bulbs will be hassle-free (other than hugely expensive), herewith is the directive from the… Read More
When the Dodd-Frank financial-overhaul bill was passed last summer, it was done so with much of the fanfare and self-congratulation that has come to typify… Read More
The new Congress has made spending reduction a priority. This week, Members are getting to work on that promise. Yesterday, by a vote of 245–189,… Read More
House conservatives are holding firm on their promise to cut federal spending. Speaking this morning at Heritage, Rep. Jim Jordan (R-Ohio) outlined $2.5 trillion worth… Read More
Do regulatory costs matter? Not quite, according to the January 14 “Fact Checker” column on WashingtonPost.com. The column, by Glenn Kessler, criticizes Heritage’s recent “Red… Read More
There’s a new regulatory skeptic in town, and his name is Barack Obama. At least that’s the image the President tried to paint today in… Read More
Last night’s BCS Championship game pitted the Auburn Tigers from the Southeastern Conference (SEC) against the Oregon Ducks from the Pac-10. To guard against biases… Read More
Rep. Marsha Blackburn (R-TN) is keeping the promise she made last month. Today, she filed a bill to strike down the Federal Communications Commission’s recent… Read More
