EconomyNews
Trump Expected to Propose Plan to Balance Budget in 10 Years
President Donald Trump likely will propose a plan next week calling for a balanced budget in 10 years, fiscal experts predict. It also will address… Read More
EconomyNews
President Donald Trump likely will propose a plan next week calling for a balanced budget in 10 years, fiscal experts predict. It also will address… Read More
PoliticsCommentary
Congress’ power of the purse is one of its bedrock responsibilities listed in Article 1 of the Constitution. The Supreme Court has reaffirmed this power… Read More
EconomyNews
The House of Representatives, with 103 Republicans voting no, passed a $1.1 trillion spending package Wednesday to keep the government running through September. Conservative lawmakers… Read More
PoliticsCommentary
Early Monday morning, congressional negotiators released text of a massive omnibus appropriations bill that would fund the government through Sept. 30. The bill is expected… Read More
EconomyNews
Hours before the federal government’s spending authority expired Friday at midnight, the Senate advanced a one-week continuing resolution by voice vote, putting spending on autopilot… Read More
PoliticsCommentary
A key driver of wasteful spending in Washington is what some call “zombie” appropriations. This refers to spending on programs that either have never been… Read More
EconomyCommentary
It’s sometimes hard to fully visualize a massive sum of money. Take $3.854 trillion for instance—the amount the federal government spent in 2016. That’s a… Read More
EconomyNews
High-income earners in high-tax states would see a federal tax rate cut, but may pay more in the end if they’re unable to deduct state… Read More
EconomyNews
Demonstrators and activists opposed to President Donald Trump descended upon The Heritage Foundation on Tuesday to protest the think tank’s budget plan and attempt to… Read More
PoliticsCommentary
And so it begins. The GOP surrender in the budget battle. Despite all the campaign promises to “rein in government” and “get the country’s fiscal… Read More
EconomyCommentary
When Americans file their taxes, it’s natural to wonder, “Where do my tax dollars go? What do they fund? And what don’t they fund?” According… Read More
EconomyNews
In six months, the Trump administration plans to produce a plan to shrink the size of government, eliminate programs, and reduce the federal workforce—and is… Read More
EconomyNews
Georgia state Rep. Paulette Rakestraw helped lead her state to be the first to join a formal interstate compact to push the federal government to… Read More
EconomyNews
When Congress returns from its Easter recess April 24, lawmakers will have only four legislative days left to decide on a spending plan that prevents… Read More
Economy News
Office of Management and Budget Director Mick Mulvaney is reportedly slated to send a letter to federal agencies later this week warning them to prep… Read More
SecurityCommentary
The House Armed Services Committee scheduled a hearing Wednesday with the chiefs of staff of the U.S. armed forces to assess what the impact of… Read More
EconomyFeature
Anthony J. Saliba is no shrinking violet. As a prominent Chicago financier as well as a trustee of the nation’s leading conservative think tank, he… Read More
EconomyCommentary
America must kick its addiction to spending before it becomes an insurmountable crisis. On Thursday, the Congressional Budget Office released its “2017 Long-Term Budget Outlook,”… Read More
PoliticsNews
Republican leaders are voicing disapproval of budget cuts proposed by President Donald Trump. “I doubt there’d be a lot of appetite for dramatic cuts this… Read More
EconomyCommentary
The new debt limit in place since March 16 stands at $19.9 trillion. It’s time for lawmakers to take the fiscal doctor’s diagnosis seriously. Like… Read More
EconomyNews
Balancing the budget without raising taxes and still maintaining strong national defense are the main goals in a new budget blueprint released by The Heritage… Read More
EconomyNews
The White House sees the possibility of broad support for tax reform, and an opportunity for President Donald Trump to take up an issue that… Read More
EconomyNews
The president’s budget called for slashing funding for a block grant program primarily because it was difficult to determine whether it was getting the desired… Read More
EconomyCommentary
President Donald Trump has made some promising proposals to trim government spending in his recently released budget blueprint. Trump’s significant 2018 budget cut of 28… Read More
PoliticsCommentary
Following on his pledge to eliminate wasteful and inappropriate federal programs, President Donald Trump’s budget blueprint delivers when it comes to the Department of Transportation…. Read More
EducationCommentary
The Trump administration’s proposed budget blueprint for 2018 significantly cuts waste in federal higher education spending. For decades, the federal government has increased spending on… Read More
EnergyCommentary
President Donald Trump released his budget blueprint today, and his proposal for the Department of Energy is a breath of fresh air. This proposal reflects… Read More
EconomyCommentary
President Donald Trump’s long-awaited skinny budget is finally here. This slim budget reprioritizes defense spending and reverses eight years of Obama-era shifts in spending from… Read More
EconomyNews
The first payment for President Donald Trump’s long-promised border wall will be $1.5 billion, said Mick Mulvaney, the director of the Office of Management and… Read More
EconomyNews
Senate Minority Leader Chuck Schumer is threatening a government shutdown if funding for a border wall is included in a must-pass government spending bill. “If… Read More