As Heritage Foundation President Ed Feulner explained yesterday, the American people sent a strong message on Tuesday. They clearly rejected the wasteful spending and growing government that has so far defined the Obama Administration and insisted that our country return to fiscal sanity.
As we explain in our new web video, this new Congress was elected on [...]
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My brother passed this video collage over to me today. It astounds me how Reagan was so on target all those years ago! At the time, being as apolitical as I was, I kinda wrote him off as an actor gone politician. History has shown how insightful he really was and how his beliefs and policy still ring true today![...]
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The obvious reason to prevent a tax hike by extending current tax rates is that doing so will prevent further economic harm to an already flat economy. How do we know that tax increases will cause economic harm? Three examples: 1932, 1937 and 1993.
After the 1929 stock market crash, the Smoot-Hawley tariff of 1930 raised [...]
Categories: Syndicated Postings, The Foundry, Videos
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Would you like a $14-billion taxpayer-funded tunnel in your town? How about a $500 million light rail train to nowhere?
As state and local governments are under crushing budget constraints, mega-sized infrastructure boondoggles are cropping up all over the country. With the promise of “free money” from the federal government, these projects are proving too tempting [...]
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Funding for public education amid budget cuts and a tight economy is creating a political pressure cooker in New Jersey, as Gov. Chris Christie (R) and the New Jersey Education Association butt heads over education spending.
In this must-watch video, the plain spoken Christie stands his ground when a local teacher complains about the governor’s budget [...]
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As the summer begins to wind down, many are beginning to take a second look at the grandiose promises made by the Administration about this summer before its start. While this “Recovery Summer” was lauded as the must-see event of the summer, the reality failed to match the rhetoric.
But as many Foundry readers understand, the [...]
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The CEO of Intel has joined the ranks of those labeling big government as the cause of our economic slump, not the solution.
Paul Otellini says it already costs Intel an extra billion dollars to build a microchip plant in the U.S., rather than overseas. In his illustration, it’s an extra 25% to create a $4-billion [...]
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Sen. Tom Coburn (R-OK) likes to say that Congressional earmarking has become the gateway drug to federal overspending. Is there any better evidence of this theory then President Barack Obama’s $1 billion earmark for a special project in Illinois that was slipped into his failed $862 billion stimulus? According to Secretary of Energy Steven Chu, the [...]
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As we have been reporting, President Barack Obama is set to let tax rates increase at the end of this year. Obama’s tax hike will have devastating effects on an economy already on the ropes. There have been a lot of myths spread by the left about the supposed dangers of keeping taxes low and [...]
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Last night on Hardball with Chris Matthews, Rep. Paul Ryan (R-WI) made the case for preventing President Barack Obama’s impending job killing tax tsunami. When Matthews tried to play gotcha by asking Rep. Ryan “Where will you cut?” to pay for the tax cuts, Rep. Ryan was ready.
First, he cited the budget he produced last [...]
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