By Bill Wilson – On January 20th, Representatives Jim Jordan (R-OH) and Scott Garrett (R-NJ) were joined by Senator Jim DeMint (R-SC) to introduce the “Spending Reduction Act ,” legislation that promises to cut $2.5 trillion out of the budget over the next ten years. Call it a good start. “This bill represents the first step in the process, not the last,” said Rep. Garrett. That’s good, because, […]

By Robert Romano – In a recent email to supporters , Senator Jim DeMint (R-SC) proposed tying an upcoming vote to raise the $14.294 trillion national debt ceiling to a balanced budget amendment. Not a bad idea. After all, why tie an increase in the debt ceiling to a single year’s budget cuts, […]

By Howard Rich – Paced by California and Illinois, state governments across the country continue to mimic the unsustainable fiscal excesses of the federal government – creating crushing deficits and soaring unfunded liabilities. Moreover, any state attempting to plug these holes with tax hikes or […]

By Adam Bitely – Obama has been quite busy reframing his image to the American people since the crushing results of the 2010 midterm elections. At the midway point of his first term, he is quickly attempting to cast himself as the middle-of-the-road independent in […]

By Bill Wilson – When he wrote the Wealth of Nations, Adam Smith warned against the “pretended payment” of sovereign debt, the creation of new money as a means of settling the debt. He wrote, “The raising of the denomination of the coin has been the most […]

By Howard Rich – Lost amid the partisan posturing over the proposed repeal of ObamaCare is a stark, unavoidable fiscal reality. Put simply: Our leaders have no choice but to scrap this socialized medicine monstrosity and start from scratch with a free-market approach. Not only […]

By Bill Wilson – All budget-cutting proposals currently being discussed will do nothing to eliminate the $1.3 trillion annual budget deficit any time soon. The Simpson-Bowles Commission does not foresee a balanced budget until 2037. House Republican proposals to reduce non-defense discretionary spending to FY 2008 levels […]

The latest video from the Center for Freedom and Prosperity Foundation focuses on personal retirement accounts for Social Security. Dan Mitchell explains why these types of accounts are the best way to modernize Social Security.

By Robert Romano – Even if some of the most conservative estimates of participation in ObamaCare prove to be correct in the next 15 years, the legislation will still mean expenditures of about $102.8 billion every year once fully implemented, or about $1 trillion over ten years. […]

By Rick Manning – Expect the White House to begin talking up the brighter unemployment numbers that the Labor Department announced this morning.  What is likely to be unstated by the White House is the fact that this is the 19th straight month where the unemployment rate […]