Keeping the Coast Guard Afloat
Whether interdicting illicit drugs in the Caribbean, helping vessels in distress, or monitoring the increasingly busy U.S. Arctic waters, it is clear that the Coast Guard’s responsibilities will only...
View ArticleClik here to view.
Strong Defense and Fiscal Responsibility: It’s Possible
picturescolourlibrary/Pictures Colour Library/Newscom Public perception may be that the sequestration cuts to the defense budget is about eliminating waste and inefficiency in the Department of Defense...
View ArticleMorning Bell: 6 Things the Next U.S. Budget Should Do
It’s time for Congress to make a real budget—and not just any budget. It’s been four years since the U.S. had a real budget. While the House of Representatives has passed budgets, the Senate has...
View ArticleClik here to view.
FY 2014 Budget Should Keep Defense Fully Funded
John Albright/Icon SMI/Newscom Heritage’s newly released Issue Brief “What the FY 2014 Budget Should Do” provides a blueprint for turning back Washington’s unsustainable spending and keeping national...
View ArticleWhat Is Vote-a-Rama? Watch Our Google+ Hangout at Noon ET Today
Why does President Obama have time to release his final four picks for the NCAA basketball tournament, but can’t meet the federal budget deadline? For the past two weeks in Washington, Representative...
View ArticleGood News! Obama’s Sequester Cuts USDOC Programs!
As if we didn’t have enough to worry about, earlier this month an official from the U.S. Department of Commerce (USDOC) warned that many activities at USDOC—such as the activities of the USDOC’s...
View ArticleClik here to view.
Obama Budget Likely to Veil Continued Defense Sequestration
Newscom Tomorrow, President Obama will finally release his overdue budget request, and the next day, the House Armed Services Committee will hold a hearing on that request. The hearing witnesses will...
View ArticleClik here to view.
Budgets in Comparison: Will President Obama’s Budget Save the American Dream?
Douglas Graham/CQ Roll Call Photos/Newscom When the President’s budget comes out Wednesday, it will complete the last piece of the budget puzzle, as the House and Senate have each duly passed a budget...
View ArticleClik here to view.
Temporary Debt Paydown Just a Drop in the Bucket
Newscom Reports that the federal government will put a little bit of money toward the massive federal debt for the first time in six years make for an interesting tidbit, but Washington’s spending and...
View ArticleQuiet Before the Storm: CBO Reports $642 Billion Deficit in 2013
At $642 billion, the Congressional Budget Office (CBO) reports, the 2013 deficit will be lower by $200 billion than previously forecast. In February, the CBO projected a deficit of spending over...
View ArticleA Spend-More, Tax-More, and Borrow-More Budget Would Hurt, Not Help
Congress needs to drive down federal spending toward a balanced budget, including through entitlement reforms, while maintaining a strong national defense and without raising taxes. Neither the House...
View ArticleMorning Bell: Time to Shrink the Monster
Does the debt ceiling affect YOU? It does—in many ways. A new video by Bankrupting America uses humor to call attention to an issue that is anything but funny, and why it matters for every American...
View ArticleClik here to view.
Cut Government Spending to Help the Economy? Majority Say Yes
Newscom A recent Rasmussen poll (subscription required) found that 65 percent of likely voters want the government to cut spending to help alleviate the country’s economic woes. Four years after the...
View ArticleClik here to view.
‘Tis the Season: Sequester Furloughs Start
Ryan Barber, who works for the Navy, began his furlough days on July 8. (Photo: Bill Clark/CQ Roll Call/Newscom) Yesterday marked the beginning of sequestration’s furlough period. Most of the...
View ArticleClik here to view.
Senate Majority Leader: “We’re Through” Making Defense a Priority
Lauren Victoria Burke/WDCPIX.COM Senator Harry Reid (D–NV) made it quite clear that he no longer views defense as a priority: “We are not going to be gamed by having the military programs funded at a...
View ArticleClik here to view.
How to Cut $42 Billion in Spending in the FY 2014 Continuing Resolution
Douglas Graham/CQ Roll Call Photos/Newscom Congress is in the midst of debating spending levels in a fiscal year (FY) 2014 continuing resolution. It’s no surprise that the two chambers disagree over...
View ArticleClik here to view.
What You Need to Know About the Debt Limit
The Congressional Budget Office just dropped a budget update on Washington, and it’s not good. The U.S. government is spending recklessly—and Obamacare is adding fuel to the fire. The new report comes...
View ArticleDebt Ceiling Raised Seven Times Under Obama, Costing $43,000 Per Household
Did you know that since President Obama came into office, the debt limit has been raised seven times? With those increases, Congress has added $43,000 in debt for every American household in just the...
View ArticleClik here to view.
Three Magic Tricks Washington May Try to “Solve” the Debt Crisis
Newscom Yesterday in a press conference regarding the national debt, President Obama stated: “There is no magic wand that allows us to wish away the chaos.” This is true, especially when one considers...
View ArticleClik here to view.
Americans Want Solutions, Not Procrastination on Debt, Budget Crisis
Nearly two-thirds of Americans polled by Bloomberg answered that “it is right to require spending cuts when the debt ceiling is raised…because Congress lacks discipline on spending.” Their voices were...
View ArticleClik here to view.
Debt: Seven out of 10 Voters Think the U.S. Is on the Wrong Track
A recent Peterson Foundation poll showed that 70 percent of registered voters believe that the country is on the wrong path when it comes to addressing the debt. This is just the latest indication...
View ArticleClik here to view.
Lack of Resources Is Not the Reason for SEC Tardiness
During a recent House Financial Services Committee mark-up, a number of members complained that the Securities and Exchange Commission (SEC) was “slow walking” the regulations necessary to implement...
View ArticleThe Ryan–Murray Budget Deal: Unnecessary Pain for Americans
The controversial budget deal reached by Representative Paul Ryan (R–WI) and Senator Patty Murray (D–WA) has been criticized by experts on both sides of the issue for delaying needed budget reforms....
View ArticleNo More Spending Cuts to Make? Heritage Expert Says There Are Plenty
Congress is close to releasing a massive spending bill to fund the federal government, and Heritage budget expert Romina Boccia says there is plenty of waste to cut. Speaking on Fox Business Network’s...
View ArticleClik here to view.
U.S. Trade Deficit: Made in Washington, D.C.?
Kenichiro Seki/ZUMA Press/Newscom The Treasury Department recently reported that China and Japan are the largest foreign holders of U.S. government debt. China now owns $1.317 trillion in U.S....
View ArticleClik here to view.
No More Band-Aids for Defense Acquisition
World History Archive/Newscom Last week Admiral Mullen highlighted the national security consequences posed by the national debt as he keynoted Concerned Veterans for America’s fifth and final event in...
View ArticleHow to Hide Billions in Taxpayer Money and Get Away With It
Spine-tingling TV shows and movies are always featuring spy capers that are “off-book.” Their existence is on a need-to-know basis, and sure, they’re being funded, but no one sees where that money’s...
View ArticleClik here to view.
Printing Money: Adopt a New Typeface and Save $136 Million in the Federal Budget
Photo: Getty Images The federal government can make a decision that would save taxpayers millions of dollars, and it wouldn’t have to cut programs, furlough workers, or even reduce duplicative...
View ArticleClik here to view.
CBO Affirms What We’ve Known All Along: Reducing National Debt Will Grow the...
Newscom House Budget Committee Chairman Paul Ryan’s (R–Wis.) steps to reduce the budget would help boost economic growth. Ryan’s 2015 budget proposal contains more than $5 trillion in savings over 10...
View ArticleClik here to view.
CBO Report Estimates 2014 Deficit at Half a Trillion Dollars: Why The Real...
Photo: Win McNamee/Getty Images Today the Congressional Budget Office (CBO) released its updated projections for the 2014 federal budget. CBO reports the 2014 deficit at $492 billion, just shy of a...
View Article
