Chart of the Week: Obamacare’s Barrage of Tax Hikes Coming in 2013
The first presidential debate takes place in Denver on Wednesday with a focus on domestic issues, including President Obama’s unpopular health-care law. Obamacare imposes numerous tax increases on...
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Chart of the Week: Poor, Middle Class Hit by Obamacare Mandate Tax
With campaign season in full tilt, Americans are being inundated with rhetoric regarding the various tax proposals touted by President Obama and Governor Romney. Given that these discussions usually...
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Chart of the Week: Major Benefits of Free Trade
Nations that embrace international trade enjoy significantly stronger economies, achieve lower rates of hunger, and maintain a better stewardship of the environment, according to new data published by...
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Chart of the Week: Slowest Economic Recovery Since the 1960s
Americans could be waiting another five years for a return to normal employment based on the sluggish pace of the U.S. economy. After nearly four years in office, President Obama has overseen the...
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By the Numbers: Medicare Costs for Seniors to Rise Under President’s Plan
Under current law, as amended by Obamacare, seniors enrolled in traditional Medicare can expect to face higher Part B and Part D premiums. Moreover, President Obama has planned in his 2013 budget...
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Chart of the Week: Cut Spending to Avoid the Fiscal Cliff
The Heritage Foundation has updated its Saving the American Dream plan as the nation moves inexorably towards the fiscal cliff set to hit at the beginning of 2013. From Amy Payne’s Morning Bell: To...
View ArticleChart of the Week: Government Spending Drives Debt Limit Higher
Even though Congress and President Obama reached a fiscal cliff deal, the fallout will continue to be felt by individuals, investors, married couples, and small businesses earning $400,000 and above...
View ArticleChart of the Week: Each American’s Share of Debt Is Skyrocketing
As the nation pushes into another debt ceiling debate, an AP-GfK poll released last week found that 39 percent of Americans think any debt ceiling increase should come with a serious plan to reduce...
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Chart of the Week: Union Membership Continues to Decline
Union membership fell by 400,000 to the lowest level since the 1930s, the Bureau of Labor Statistics announced this past week. As a percentage of the work force, union workers fell from 11.8 percent...
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Chart of the Week: High Public Debt Damages Economic Growth
When President Obama says he wants “a smarter government that sets priorities and invests in broad-based growth,” he means more government spending. This is why his State of the Union provided a...
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Chart of the Week: Sequestration Cuts 2.4 Percent out of Total Spending
Federal spending will explode from $3.6 trillion to $6 trillion over the next 10 years, but the much-maligned sequester will cut only 2.4 percent of this spending. Sequestration represents a...
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Chart of the Week: The Impact of an Aging America
Sequestration has taken effect, and yet government spending continues growing. Sequestration’s 2.4 percent reductions are not enough to fix Washington’s spending and debt problem because they do...
View ArticleChart of the Week: The States That Have Expanded Medicaid
Expanding Medicaid will be costly for most states. The authors of The Patient Protection and Affordable Care Act of 2010 (Obamacare) threatened to strip all federal funding for states’ Medicaid...
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Chart of the Week: This Farm Bill 56 Percent More Costly Than Last
The House is expected to take up its farm bill this week. As it does, legislators should bear in mind the excessive costs of the bill. The Congressional Budget Office (CBO) projected the last farm...
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Chart of the Week: Marriage Guards Children Against Poverty
As a Senator, Barack Obama was right—there are serious disadvantages to being raised without a father. “We know the statistics—that children who grow up without a father are five times more likely to...
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Chart of the Week: Slow Job Growth Means a Slow Economic Recovery
President Obama will deliver his third State of the Union address on Tuesday night. According to a preview video released this weekend, the speech will outline Obama’s vision for improving the economy...
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Chart of the Week: Top 1 Percent Paid 38 Percent of Federal Income Taxes
President Obama used his State of the Union address Tuesday to outline his idea of fairness. To put it simply, that means redistributing wealth by raising taxes on the most successful Americans. “If...
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Chart of the Week: Obama’s Abuse of FEMA Declarations
President Obama has used his executive power in many ways to expand the role of government. But there’s one area that stands out: Obama’s frequent and repeated use of the Federal Emergency Management...
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Chart of the Week: 1 in 5 Americans Are Dependent on Government
The number of Americans dependent on the federal government has exploded over the past five years, reaching a record 67.3 million people, according to Heritage’s annual Index of Dependence on...
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Chart of the Week: Nearly Half of All Americans Don’t Pay Income Taxes
This year’s Index of Dependence on Government presented startling findings about the sharp increase of Americans who rely on the federal government for housing, food, income, student aid or other...
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