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Budget and Spending

Federal Budget in Pictures

The Heritage Foundation's Federal Budget in Pictures offers a unique tool to learn about the federal budget in a clear and compelling way. Read More.

We Need a Balanced Budget in 10 Years

While President Obama runs around warning everyone of economic devastation, it’s the President’s policies that are truly harmful to the economy. Read More.

High Debt Is a Real Drag

Three teams of economists have separately shown that high government debt has a negative effect on long-term economic growth. Read More.

The "Buffett Rule" Returns

It is back in its latest iteration because Senate Democrats proposed it to partially offset the sequestration spending cuts. Read More.

Krugman Still Wrong on Federal Spending

A not-so-small cottage industry has grown up refuting liberal economist Paul Krugman’s public pronouncements. Read More.

Federal spending has grown rapidly over the last decade, leading to substantial budget deficits that will cripple the economy. To restore fiscal health, the federal government should reduce taxes, cut wasteful spending, and reform the massive entitlements.

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Experts on Budget and Spending