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-------- Original Message --------
Subject: Member Briefing: The Good and the Bad from the Debt Panel
Date: Fri, 12 Nov 2010 13:13:30 -0800
From: The Heritage Foundation <[email protected]>
Reply-To: [email protected]
To: Dick Thompson <[email protected]>
myHeritage Logo
<http://links.heritage.org/ct/4855850:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
/November 12, 2010/
The Good and the Bad from the Debt Panel
/by Bethany Murphy/
“The draft proposal issued Wednesday by the co-chairmen of President
Obama’s deficit reduction panel has both strengths and weaknesses,”
Heritage Foundation vice president Mike Gonzalez reports
<http://links.heritage.org/ct/4855851:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>.
Heritage economist Alison Fraser outlines some of these strengths and
weaknesses
<http://links.heritage.org/ct/4855852:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
in a new report. She lauds the plan for “lay[ing] out some tough choices
for cutting spending” and avoiding a value-added tax. But while it does
address runaway spending on entitlement programs, if imperfectly, the
plan leaves Obamacare in place and proposes massive tax increases and
irresponsible defense cuts.
Our experts have advised the new Congress to immediately freeze and cut
spending
<http://links.heritage.org/ct/4855853:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>as
a way to get our nation’s finances in order. Heritage’s Brian Riedl
recently offered up a plan to easily cut $343 billion from the federal
budget
<http://links.heritage.org/ct/4855854:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>.
Fraser, who directs Heritage’s Roe Institute for Economic Policy
Studies, also warns that “changes this important—and necessarily
bold—should be given every consideration and not be crammed through by a
lame duck Congress.”
What do you think? Will the Deficit Commission be successful cutting our
soaring national debt? Post your comments here »
<http://links.heritage.org/ct/4855855:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
/-- Nathaniel Ward/
From the Comments: How to Respond to the Obama Tax Hikes
In the comments on our new myHeritage
<http://links.heritage.org/ct/4855850:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
site yesterday, Heritage member Robert Orsino asked us to help him
respond to liberal misinformation from groups like MoveOn.org:
quote
/The latest being wide spread is against extending the Bush tax cut
giving the following reason— ”most economists agree that the top
2%—the richest folks who the Republicans are going to bat for—don’t
spend this money, meaning this tax giveaway doesn’t have any
stimulative effect on the economy.” Do you have any facts rebutting
this claim that I can use in my response? /
quote
The Heritage Foundation has been responding to liberal distortions about
the effect of tax cuts for years. Our experts have produced a
point-by-point rebuttal of common liberal myths about what reducing
marginal tax rates does and doesn’t accomplish.
An analysis by Heritage’s Center for Data Analysis concluded that
President Obama’s proposal to impose new taxes on the wealthy would have
several harmful effects:
Continue Reading and post your comments here »
<http://links.heritage.org/ct/4855856:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
Heritage Hosting Orientation for New Congressmen_
_
The Heritage Foundation's New Members Orientation seminar will take
place later this month for newly elected Members of Congress.
This conservative policy orientation will provide a comprehensive and
informative overview of the key policy issues that new members of
Congress will confront in the 112th session of Congress. The program
will feature experts covering a wide range of issues including the need
to cut spending, enhance our national security, health care reform, and
restoring constitutional conservatism.
Heritage Foundation experts and scholars will appear along with guests
such as Ambassador John Bolton, CNBC anchor Larry Kudlow, Ambassador
Paul Bremer, and author Amity Shlaes.
What issues do you think Congress needs to address? Post your comments
on myHeritage.
<http://links.heritage.org/ct/4855857:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
/
/
Heritage Work of Note
* The new health care reform bill and its many disadvantages have
provoked wide-spread controversy in the United States. Heritage’s
Lanhee Chen
<http://links.heritage.org/ct/4855858:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
finds even more devastating impacts of this bill on the states: “A
growing number of state budgets are in danger of collapsing under
multibillion-dollar deficits,” writes the Heritage health care
expert, “and are about to be burdened with billions more in costs
imposed by the new Patient Protection and Affordable Care Act
(PPACA).”
* In a speech Wednesday at Heritage
<http://links.heritage.org/ct/4855859:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>,
Congressman Joe Barton (R-TX) repudiated critics and commentators
for saying that the next Congress will be in gridlock.
“Conservatives want to help people; we’re for good government, for
effective government,” and “not for gridlock” notes the Texas
conservative. Furthermore, Barton hopes that he will “engage and
encourage American people to be part of the process.”
* This week’s Heritage in Focus podcast
<http://links.heritage.org/ct/4855860:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
features national security expert James Carafano discussing the
foiled attempt by Al Qaeda in the Arabian Peninsula to send parcel
bombs from Yemen. David Weinberger hosts. Subscribe to Heritage in
Focus podcasts in your RSS feed
<http://links.heritage.org/ct/4855861:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
and in iTunes
<http://links.heritage.org/ct/4855862:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>.
* Last week’s election helped advance the cause of several important
reforms to education policy. Heritage's Lindsey Burke reports
<http://links.heritage.org/ct/4855852:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
that “many conservative candidates in the states campaigned on
returning to local control in education and expanding school
choice options for parents.”
In Other News
* Seven out of the ten wealthiest counties
<http://links.heritage.org/ct/4855863:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
in the United States are located in the Washington, D.C. region.
* The newly-elected Democratic governor of New York opposes holding
a trial in his state for the mastermind of the 9/11 attacks
<http://links.heritage.org/ct/4855859:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>.
* Afghan police and soldiers could assume total responsibility for
their country’s security in 2014
<http://links.heritage.org/ct/4855864:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>.
* The Gingerbread Man, now the latest victim of political
correctness
<http://links.heritage.org/ct/4855865:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>,
has lost his gender.
* Only 20 percent of Americans
<http://links.heritage.org/ct/4855866:7391707999:m:1:210415489:05C9BE7D380748C2507F9FE9238F7FFF>
believe that the new health care law is “about right” for our country.
*Donate to Heritage*
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