Heritage Foundation

Liberals Force Choice Between Economic and National Security

Put the security of the nation at risk or raise taxes. This is the sour “deal” liberal lawmakers are offering in exchange for insufficient spending cuts, according to reports of this weekend’s debt negotiations in Washington.

Struggle to Solve Debt Limit Crisis Goes On

Last night, the House of Representatives was set to vote on House Speaker John Boehner’s (R–OH) plan to raise the debt ceiling, as the projected August 2 deadline looms. Failing to round up enough votes to secure the bill’s passage, House Republicans closed up shop for the night and are scheduled to reconvene this morning, hoping to bring a bill back to the House floor with enough support to pass, as Politico reports. Inside baseball, last-minute vote wrangling aside, a much larger problem remains: Even if the Boehner bill passed and became law, America would continue its downward spiral into a fiscal abyss with no end in sight.

The Obama EPA’s Brave New Future

Say goodbye to cars and trucks as you know them. Say hello to a brave new future ushered in by the Environmental Protection Agency. It’s one where the federal government reshapes a major U.S. industry by administrative fiat, all in pursuit of a policy goal that will cost money, jobs, and lives—all to satisfy the left’s environmentalist factions while dishing out taxpayer dollars to an Obama-favored unionized industry.

Tangled Up in Washington’s Red Tape

For months, Washington has focused on solving its uncontrolled addiction to spending. But while Congress and the White House use one hand to reach into your back pocket to take and spend your hard-earned dollars, they’re using another hand to wreak a different kind of nefarious harm—the proliferation of regulations, rules, and red tape, all of which impose heavy costs on America.

America Needs a Better Solution

Americans tuning in last night to watch President Barack Obama’s primetime address from the East Room of the White House might have thought they stumbled upon yet another re-run from the networks. Instead of hearing news that Washington finally broke the debt ceiling stalemate, viewers were treated to more of the same from their President. He still had no plan for dealing with government overspending and overborrowing, and he repeated his never-ending call for tax hikes. Unfortunately, the plans proposed by House Speaker John Boehner (R–OH) and Senate Majority Leader Harry Reid (D–NV) don’t get the job done, either.

Obama’s Dangerous Debt Ceiling Strategy

President Obama kicked off the weekend with a testy Friday night press conference warning of the drastic consequences of failing to raise the debt limit, the havoc it would wreak on financial markets, and the disastrous repercussions for the poor and middle class. That message of fear was reiterated throughout the weekend, bookended this morning by a senior White House official who says there’s a 50/50 chance that the standoff in Washington will not be resolved by the August 2 deadline.

Unhappy Anniversaries, President Obama

The Obama Administration has seen its fair share of milestones this month. Yesterday marked the first anniversary of the Dodd Frank Wall Street Reform and Protection Act, Obamacare is just over one year old, it has been more than 800 days since the Democrat-controlled Senate passed a budget, and the Consumer Financial Protection Bureau opened its doors on Thursday–the first new federal agency in nearly a decade. You’ll notice that no one is celebrating any of them.

The Fight We’re In

Fellow conservatives, We find ourselves in the midst of an important battle, the outcome of which will be determined by decisions to be made in the immediate days ahead. We must win this fight. The debate over raising the debt limit seems complicated, but it is really very simple. Look beyond the myriad details of the awkward compromises, and you see an epic struggle between two opposing camps.

Liberals Invoke Reagan to Sell Debt Deal

Desperate to sell the American people on a yet-to-be-determined plan to raise the debt ceiling, increase taxes, and avoid necessary reforms to rein in government, liberals are turning to an unlikely ally to make their case—former President Ronald Reagan. Their utterly transparent tactic reveals a larger truth: Despite all the rhetoric, liberals have failed to convince America that their way is the best way to move Washington forward.

What Is Poverty in America?

As Congress struggles to find a way to cut spending as part of raising the $14 trillion debt ceiling, they should take a close look at the more than $1 trillion spent every year on welfare. You’ll be surprised to learn that many of the 30 million Americans defined as “poor” and in need of government assistance aren’t quite what you’d expect—rather than homeless and on the streets, the average poor American household has luxuries like air conditioning, cable TV, and X-box video game consoles.

The Fight for the Balanced Budget Amendment

Washington remains embroiled in debt limit negotiations as Republicans and Democrats stand apart on how to best go about increasing the amount of money the government can borrow and spend. But on the sidelines, another debate simmers over one amendment to the U.S. Constitution that could have averted today’s spending debacle: the balanced budget amendment (BBA).

Time to End Fannie and Freddie

Four years after home values in America plummeted, fears over America’s housing market remain. In testimony before Congress yesterday, Federal Reserve Chairman Ben Bernanke cited “the continuing depressed condition of the housing sector” as one of the factors behind America’s sagging economy. In response to the poor market, the White House is reportedly considering a repeat of the historically bad decisions that contributed to the mortgage meltdown rather than pursuing a much saner course: eliminating Fannie Mae and Freddie Mac.

Obama Aims for the Money You Don’t “Need”

Over the past several weeks, America has seen on grand display in Washington a singular mindset emanating from the White House: We must raise taxes so that we can keep on spending. This week, though, America was treated to something different—a glimpse inside President Barack Obama’s mind, a roadmap of his economic worldview. And what was revealed was a philosophy that is fundamentally at odds with America’s job creators.

Lights out for the light bulb ban?

Some politicians in Washington don’t think you’re all that bright. They believe that you can’t make wise decisions in your day-to-day life, so they have taken it upon themselves to impose regulations to protect you from yourself. And there’s no better example than Congress’ ban on the incandescent light bulb, which is up for repeal in the House today.

America, the Europe of the West?

Last night, President Barack Obama and U.S. congressional leaders failed to reach agreement on a deal to raise the nation’s debt limit. Meanwhile, it has been more than 800 days since the U.S. Senate passed a budget, liberals in Washington are pushing for higher taxes, unemployment is soaring, the deficit keeps growing, and America is careening toward an economic future as the Europe of the West.

An Economy in Panic

There’s no good way to spin the news that came out of today’s monthly U.S. jobs report. The economy generated only 18,000 total new jobs, the unemployment rate increased to 9.2 percent, and the number of unemployed Americans has gone up by 445,000. In other words, the recovery appears to have slowed markedly. President Barack Obama’s stimulus-infused “recovery” refuses to ignite, unsurprisingly to all but him.

In Debt Limit Debate, Higher Taxes Aren’t the Answer

Republican congressional leaders will meet in the White House today with their Democratic counterparts and President Obama in an effort to reach an agreement on the debt ceiling. Reports are sketchy as to whether they will succumb to arm-twisting by the White House, amplified in the media, to cut a deal in which “everyone has to give a little”—or fill your preferred cliché. It is thus an appropriate time to remind everyone that Americans have already given all they can, especially to the IRS, and, no, it isn’t time to raise taxes—on the contrary, it’s time for politicians to curb their spending habits.

The High Price of Obama’s Fake Jobs Scheme

Sometimes magic tricks just aren’t that great, and even the most innocent, wide-eyed child can’t be fooled by the illusionist’s flourish. Such is the case with the rabbit the White House is trying to pull out of its magic hat by claiming that President Barack Obama’s stimulus has created or saved 2.4 million jobs at a cost of $666 billion, all while the United States continues to suffer 9.1 percent unemployment. If you do the math, that comes out to around $278,000 per job.

Beware Obama’s Backdoor Amnesty Dream

By Mike Brownfield Fireworks broke the darkness of the sky over Washington last night in a choreographed dance of light that paid tribute to our nation’s independence. It was a breathtaking display marking America’s birth of freedom–a sight to behold, a sight to remember.

Celebrating America’s Enduring Principles

America was born on July 4, 1776, with the passage of the Declaration of Independence. Today, as we celebrate our great country 235 years later, we reflect upon its meaning.