Free-market, pro-growth policies are critical to enable our economy to flourish.
If President Obama and Congress fail to act this year, an enormous, unprecedented tax increase will fall on American taxpayers starting on January 1, 2013. Read More.
America needs jobs. A government committed to free enterprise, limited government, and individual freedom, and not to more borrowing and spending, can properly help. Read More.
The New Flat Tax Is the Remedy: The New Flat Tax, as outlined in Heritage’s ‘Saving the American Dream’ plan, would replace today’s convoluted tax system with a simple, neutral, and transparent tax system that would allow America to achieve its full economic potential. Read More.
Issues 2012 provides candidates for elected office the ability to quickly identify the key issues of the day and present clear policy recommendations, supported by facts, for addressing them. Read More.
The Heritage Foundation offers a detailed plan to redesign entitlement programs, guarantee assistance to those who need it, and save the American dream for future generations. Read More.
In this week's Heritage in Focus podcast, Ted Bromund discusses the recent French elections and the future of the economy and freedom in Europe. David Weinberger hosts. To get regular updates on Heritage in Focus podcasts, visit our RSS feed or subscribe on iTunes. To listen…
By now, it should be clear even to casual observers that the Volcker Rule, which was intended to limit the “risky” activities of banks by banning them from certain types of transactions, will be nearly impossible to implement without severe unintended damage to the U.S. financial system and many other…
Executive Summary Between 2003 and 2006, home prices rose dramatically, but then they fell abruptly in 2007 and thereafter. While many believe that the main cause of the boom was easy access to credit in the…
http://www.youtube.com/watch?v=rvqSeL1CI-E&feature=youtu.be http://blog.heritage.org/2012/04/12/exclusive-interview-john-stossel-says-government-cant-solve-our-problems/ John Stossel's skepticism of government and his storytelling approach about free-market economics have made him a rock star in conservative and libertarian circles. …
Brian Darling discusses the GOP primary race on CBC. …
Elaine Chao comments on labor statistics on Fox News. …
Testimony Before the Committee on Finance United States Senate Chairman Baucus, Ranking Member Hatch,…
Abstract: Japan’s “lost decade” has turned into two; and Japan is not alone. Staggering amounts of public debt and stagnant economies have become a problem from the EU to the U.S. Despite twenty years of evidence to the contrary, the belief persists that deficit…
Israel Ortega discusses the Latino Vote on FNC's America's Newsroom. …
David Kreutzer comments on the Chevy Volt on WTIC. …
Abstract: The great and calamitous fiscal trends of our time—dependence on government by an increasing portion of the American population, and soaring debt that threatens the financial integrity of the economy—worsened yet again in 2010 and 2011. The United States has long reached the…
A few Members of Congress, motivated by American combat in the Middle East, have called for the reinstatement of a compulsory military draft. The case for coercing young citizens to join the military is supposedly based on social justice?that all should serve?and…
The Patient Protection and Affordable Care Act (PPACA), the health care bill signed into law by President Obama in March, will overhaul the current health insurance system by enforcing mandates on individuals and businesses, expanding Medicaid, and introducing new taxes and fines to help pay for the increased…
Abstract: The number of Americans who pay taxes continues to shrink—and the United States is close to the point at which half of the population will not pay taxes for government benefits…
Abstract: Despite decades of repeated failure, President Obama and Congress continue to promote the myth that government can spend its way out of recession. Heritage Foundation economic policy expert Brian Riedl dispels the stimulus myth, lays out the evidence that government spending does not end recessions--and…
Abstract: Attempts by Members of Congress to save U.S. manufacturing jobs by restricting international trade, particularly with China, are misguided and futile. Technological improvements, not international trade, are reducing U.S. manufacturing employment by automating many rote tasks. During the past decade, manufacturing employment has…
Abstract: While layoffs increased during this recession, they are not the primary cause of the nearly 10 percent unemployment rate. The main factor driving the unemployment rate so high during this recession was, and continues to…
Abstract: Quantitative easing is a largely experimental tool employed by the Federal Reserve to address a continuing sluggish economy and the renewed potential of deflation. That the Fed faces this prospect is final proof positive that President Barack Obama’s Keynesian stimulus policies have failed,…
Chairman Warner, Ranking Member Johanns, thank you for the opportunity to testify today. My name is J.D. Foster. I am the Norman B. Ture Senior Fellow at The Heritage Foundation. The views I express in this testimony are my own, and should not be construed as representing any official position…
The following is Arthur Laffer's November 13 address to members of The Heritage Foundation's President's Club at the fall 2006 President's Club meeting, held at the Ronald Reagan International Trade Center in Washington, DC. You know, one thing I always loved, Ed, was when I followed Milton Friedman to the podium I could actually raise…
President Obama recently sent Congress a series of policies as part of his “Startup America Initiative.”[1] The goal of the program is to help startups and small businesses to create jobs. The proposal includes four tax provisions that he also included in his budget. Some…
Abstract: In his third State of the Union address, President Obama, pointing to two years of job growth and the fastest job creation since 2005, argued that America’s economy is roaring back. These positive numbers lack context: In normal economic times they would represent…
The man designated as the next General Secretary of the Chinese Communist Party, Xi Jinping, is due at the White House on February 14. Xi’s scheduled term of office is 10 years. The last 10 years saw the Chinese economy, according to official statistics, more than quadruple in size. It…
The Congressional Budget Office (CBO) released its baseline budget outlook through fiscal year 2022 on January 31. The analysis is as creditable to the CBO as its message is daunting to the nation. After squandering three years in which the signal consequences have been persistent high unemployment coupled with an…
Within hours of Richard Cordray assuming the role of director[1] at the Consumer Financial Protection Bureau (CFPB), agency officials began exercising their newly expanded powers. Their immediate target is all manner of “nonbank”[2] financial services used by millions of households. While proponents contend that the new…
Abstract: America needs jobs. A government committed to free enterprise, limited government, and individual freedom, and not to more borrowing and spending, can properly help. To help unleash the private sector to invest and create jobs, Congress should promptly take five specific actions: enact…
President Obama’s proposal to keep interest rates on one type of student loans below market level obscures the fact...…
Russian President Vladimir Putin has cited the need to complete the formation of new cabinet ministers to excuse himself...…
Popular opinion demonizes the U.S. for importing more goods than it exports, or running a “trade deficit.” This view...…
There is a lot going on in China today, this week, this month, this year. There's internal Chinese politics. There's...…
Facebook's much-vaunted initial public offering is on the horizon and promises to shower a few lucky individuals with...…
For some professions, it makes a lot of sense to have some high standards before you're allowed to work -- doctors,...…
Last weekend, the people of France took a sharp turn to the left, and the rest of Europe may be on the brink of...…
On Friday, Americans woke up to the news that the labor market in April 2012 continued its plodding path of mediocrity....…
Her name is "Julia," and if you haven't seen her, she's a colorful cartoon character invented by the Obama campaign to...…
Every day, America waits for a brighter future to arrive -- the promise of change that President Barack Obama made in...…
Director, Center for Data Analysis and Lazof Family Fellow
Director, Thomas A. Roe Institute for Economic Policy Studies
Norman B. Ture Senior Fellow in the Economics of Fiscal Policy