Treasury Disappoints on Two Major Financial Market Issues

By Norbert Michel, Director, Center for Data Analysis at The Heritage Foundation.

So far, the Trump administration has done a very good job stemming the regulatory tide. It has launched a serious reform agenda, blocked and rescinded several rules, and withdrawn hundreds of other regulations from the pipeline.

Overall, the president has issued more than 50 executive orders and memoranda, two of which are aimed directly at fixing the regulatory process.

[…]

*This piece originally appeared in Forbes. Click here to view.


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Families Across America Can Expect a Tax Cut

By Adam Michel, Policy Analyst, Thomas A. Roe Institute at The Heritage Foundation. Bold, pro-growth…

Improving the Tax Cuts and Jobs Act: A Path for the Conference Committee

By Adam Michel, Policy Analyst, Thomas A. Roe Institute at The Heritage Foundation. The House…

Michael Needham on Bloomberg weighing the pros and cons of the Senate and House tax bills

Heritage Action for America CEO, Michael Needham, joins Bloomberg's "Balance of Power" to discuss the…

Michael Needham on Bloomberg weighing the pros and cons of the Senate and House tax bills

Heritage Action for America CEO, Michael Needham, joins Bloomberg's "Balance of Power" to discuss the differences between the House and Senate tax reform bills on Dec. 11, 2017. *To view this content on the Heritage Response Room YouTube account, click here.…

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ICYMI: Professional Sentinel Call 12/07/17

Last week, Heritage Action Sentinels came together for our monthly Professional Sentinel Call. During the call, we heard from Heritage Action’s Wesley Coopersmith, Policy Manager, and Matt Lauer, Grassroots Director. Wesley walked through updates on tax reform, government funding, CFPB, and replacing Dodd-Frank. Matt provided action items for Sentinels on legislative priorities. If…

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This Small Business Owner Doesn’t Want Handouts for Being a Woman in the Construction Industry. She Wants Tax Reform.

By Kelsey Harkness, Senior News Producer at The Daily Signal. SPRINGFIELD, Missouri—Mary Beth Hartman has never called herself a feminist. “But I do believe that women can compete with men, and I don’t believe that we have to be out there beating our chest or our drums, or doing a…

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How Licensing Laws Protect Special Interests at the Expense of Everyone Else

By Timothy Kilcullen, Member, Young Leaders Program at The Heritage Foundation, and Salim Furth, Research Fellow, Macroeconomics, Center for Data Analysis, Institute for Economic Freedom and Opportunity at The Heritage Foundation. New data compiled by the Institute for Justice shows just how far states have overreached in regulating professions. The…

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Seniors Face Return of Obamacare Tax in 2018

By Fred Lucas, White House correspondent for The Daily Signal. The clock is ticking for the return of an Obamacare tax that opponents say will hit older Americans on fixed incomes particularly hard, costing them an extra $500 per couple. Congress hasn’t taken action to delay or eliminate the tax before…

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Conservatives Push for 20% Corporate Tax Rate

By Rachel del Guidice, Reporter for The Daily Signal. Following a report suggesting the corporate tax rate in Republicans’ final tax reform bill could be higher than 20 percent, some conservatives are making the case again for the 20 percent rate. “If we want to see wage growth to help America’s families,…

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In Charts, How These 7 Taxpayers’ Bills Would Change If Tax Reform Were Enacted

By Rachel Greszler, Senior Policy Analyst, Center for Data Analysis at The Heritage Foundation. How will you fare if the GOP tax plan is enacted? Well, on net, most Americans will see a significant tax cut under the proposed plans from Republican lawmakers, including virtually all lower- and middle-income workers…

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In 1 Chart, the Differences Between the House and Senate Tax Reform Bills

By Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. The House and Senate have now each passed different versions of Tax Cuts and Jobs Act. Both bills are a big improvement to America’s out-of-date tax code and could boost the economy by…

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Heritage Explains 023: The History of Lower Tax Rates

History has proven that when tax rates are reduced, the economy grows and living standards increase. Tax rates were slashed dramatically during the 1920s. Because of this, personal income tax revenues rose from 1921-1928 by more than 60%. In the 1960s President Kennedy proposed across-the-board tax rate reductions. Again revenues…

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Debunking the Left’s Myths on Net Neutrality

By James Gattuso, Senior Research Fellow in Regulatory Policy, Institute for Economic Freedom and Opportunity, Expert in Financial Regulation at The Heritage Foundation. The end of the world is nigh. That at least is the message being spread by last-ditch defenders of the Obama-era “network neutrality” rules, which Federal Communications…

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The Senate Voted to Kill Obamacare’s Individual Mandate. Why That Was a Wise Call.

By Robert Moffit, Senior Fellow, Health Policy Studies at The Heritage Foundation. Obamacare’s individual mandate to buy federally standardized health insurance is a tax, courtesy of the Supreme Court’s elaborate exercise in creative writing: National Federation of Independent Business v. Sebelius (2012). Legislators should judge a law by its results, not by good…

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The Differences House, Senate Will Have to Resolve to Advance Tax Reform Bill

By Rachel del Guidice, Reporter for The Daily Signal. Following the Senate’s 51-49 early Saturday morning vote to pass Republicans’ tax reform overhaul, the legislation will move to conference where the House and Senate will work to resolve their differences. “I think the differences are pretty minor between the two bills and I…

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After Months of Inaction, Senate Republicans Must Seize Chance to Pass Tax Reform

By Mike Needham, Chief Executive Officer, Heritage Action for America. After nearly 11 months of careening from one disappointment to another, Congress is on the verge of a major breakthrough on tax reform. I won’t begrudge you if you’re pessimistic, but past performance does not always indicate future results. And…

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ICYMI: Professional Sentinel Call 11/16/17

Earlier this month, Heritage Action Sentinels came together for our monthly Professional Sentinel Call. During the call, we heard from Heritage Action’s Wesley Coopersmith, Policy Manager, and Matt Lauer, Grassroots Director. Wesley walked through updates on tax reform, including differences between the House and Senate proposals, and highlighted areas for improvement. Matt provided…

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No, Republicans Are Not Leaving Small Businesses Behind

By Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. The Senate Finance Committee passed a version of the Tax Cuts and Jobs Act last week, which now heads to the full Senate floor for a vote. Some claim the bill leaves behind small and pass-through…

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Planned Parenthood Is in Deep Trouble With the Law. This Could Be a Turning Point.

By Marjorie Dannenfelser, President, Susan B. Anthony List. We are living through a remarkable time in history. Almost daily, those in influential positions who once appeared untouchable are falling out of popular favor as their abuses are exposed. Earlier this month, one particularly corrupt institution was dealt back-to-back blows: Planned…

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The Perfect Coda for Cordray’s Tenure: Nullifying the Payday Lending Rule

By Norbert Michel, Director, Center for Data Analysis at The Heritage Foundation. Richard Cordray, the first official director of the Consumer Financial Protection Bureau (CFPB), will step down at the end of November. That’s great news because now the Trump administration can insert its own director and implement its own policy agenda.…

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CFPB Deputy Director Is Challenging the President’s Authority. Here’s Why Her Arguments Are Flawed.

By John G. Malcolm, Vice President for the Institute for Constitutional Government at The Heritage Foundation. The Consumer Financial Protection Bureau has been a political hot potato since the day it was created as part of the legislative response to the 2008 financial crisis. A brainchild of then-Harvard law professor (now…

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Q&A: FCC Chairman Explains Why He’s Ending Obama’s ‘Heavy-Handed Internet Regulations’

By Rob Bluey, Senior Vice President, Communications at The Heritage Foundation, Editor in Chief at The Daily Signal. The Federal Communications Commission will vote in December on a proposal to repeal Obama-era net neutrality rules. Shortly after publicly announcing the news, FCC Chairman Ajit Pai spoke to Daily Signal Editor-in-Chief…

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Why Eliminating Obamacare’s Individual Mandate Should Be Part of Tax Reform

By Rachel Greszler, Research Fellow in Economics, Budget and Entitlements at The Heritage Foundation. Obamacare’s individual mandate survived the Supreme Court’s 2012 ruling on the Affordable Care Act solely because the court interpreted the insurance requirement as a “tax.” But now that Republicans in the Senate have included repealing—or zeroing…

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Memo for the Movement: Congress Must Prioritize Responsible Spending in Year-End Deals

A PDF version of this memo, signed by Heritage Action CEO Michael Needham and other leaders in the conservative movement, can be found here. Memo for the Movement Congress Must Prioritize Responsible Spending in Year-End Deals November 20, 2017 Washington, D.C. For years, conservatives have been sounding the alarm on…

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The Stupid Party gets smart

By Stephen Moore, Distinguished Visiting Fellow, Project for Economic Growth, Institute for Economic Freedom and Opportunity at The Heritage Foundation. Republicans have long been known as “the stupid party.” They do stupid things, like waiting until mid-November to pass a must-pass tax cut that should have been done by April.…

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Democrats in Meltdown Mode as Obamacare Individual Mandate Moves Toward Extinction

By Emily Miller, award-winning journalist and author of the book "Emily Gets Her Gun" about gun control policies. Democrats, of course, oppose the tax cuts moving through Congress. They believe government knows better how to spend your money than you do. But what has really got their goat is eliminating the Obamacare…

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Q&A: Rep. Jim Banks Talks About the Benefits of Tax Reform

Rep. Jim Banks, R-Ind., spoke to The Daily Signal’s Genevieve Wood earlier this month, before the tax reform bill passed the House, about how eliminating the state and local tax deduction will benefit middle- and working-class families. Below is a transcript of the conversation, edited for style and clarity: Wood:…

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A duopsony built around rent-seeking

By Edward J. Pinto, Resident Fellow, American Enterprise Institute, and Norbert Michel, Director, Center for Data Analysis at The Heritage Foundation. A recent Senate Banking Committee hearing explored “The Status of the Housing Finance System After Nine Years of Conservatorship.” The title pretty much says it all — Congress has done nothing substantive on housing finance reform…

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How the GOP Tax Bill Will Affect the Economy

By Parker Sheppard, Senior Policy Analyst, Center for Data Analysis at The Heritage Foundation, and David Burton, Senior Fellow, Roe Institute for Economic Policy Studies at The Heritage Foundation. The House passed its version of the Tax Cuts and Jobs Act on Thursday, a bill that would reform the tax…

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Repeal HIT on consumers and small businesses

By David Burton, Senior Fellow in Economic Policy, Roe Institute for Economic Policy Studies, Institute for Economic Freedom and Opportunity at The Heritage Foundation. After a one-year moratorium, a new Obamacare tax will kick in this January. As a result, premiums for individual and small group health insurance plans will…

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Taxpayers shouldn’t be forced to subsidize California’s spending addiction

By Dan Holler, Vice President, Heritage Action for America. Buried within the more than 74,000 pages of our nation’s tax code lies a special tax deduction that allows state and local governments with excessively high taxes to shift part of the burden to taxpayers in other states. In other words,…

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Congress Is Putting Itself in a Straightjacket on Tax Reform

By Bill Walton, Host of "Common Ground with Bill Walton" and Trustee of The Heritage Foundation. It’s beginning to look like Republicans in Congress are going to squander yet another opportunity to do something big to boost the economy. Our pro-prosperity president wants a pro-growth tax package, but our Republicans…

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Bill Would Protect Pro-Life Nurses Like These 3 Women

By Ian Snively, Member, Young Leaders Program at The Heritage Foundation. Pro-life members of Congress have introduced legislation to protect health care providers from being compelled to provide abortions under threat of losing their jobs. Rep. Chris Smith, R-N.J., held a press conference on the House Triangle outside the U.S.…

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Congress Could Soon Face a Budget Fight. Here’s How Lawmakers Can Rein in Spending.

By Romina Boccia, Deputy Director, Thomas A. Roe Institute for Economic Policy Studies and Grover M. Hermann Research Fellow at The Heritage Foundation. Two thousand seventy-five dollars. That’s every American’s personal share of the fiscal year 2017 budget deficit. The total deficit? Six hundred sixty-six billion dollars. It’s the American people…

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The Ethanol Mandate Promotes Swamp Dominance, Not Energy Dominance

By Nicolas Loris, Herbert and Joyce Morgan Fellow in Energy and Environmental Policy, Center for Free Markets and Regulatory Reform at The Heritage Foundation, and Samantha Block, Member, Young Leaders Program at The Heritage Foundation. Washington is known for political arm-twisting. There’s a good reason for that. It too often works,…

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How Tax Reform Would Simplify Taxes for Tens of Millions

By Rachel Greszler, Research Fellow, Economics, Budget and Entitlements at The Heritage Foundation. Lawmakers have long championed a system that allows Americans to fill out their tax returns on a postcard. The Tax Cuts and Jobs Act proposed by Republicans in Congress could help turn that vision into a reality for most…

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5 Ways to Improve the Tax Cuts and Jobs Act

By Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. The Tax Cuts and Jobs Act would provide tax relief to millions of Americans, and has the potential to facilitate significant economic growth. The proposal is pro-growth and pro-worker, but leaves much of the…

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PRESS RELEASE: HOUSE REPUBLICANS UNVEIL TAX REFORM PLAN

NOVEMBER 2, 2017 Washington — This morning, the House Ways and Means Committee released preliminary legislative text of a sweeping overhaul of America’s long outdated tax code. Similar to the framework announced in September, the plan would slash the corporate and pass-through rates by 15 percentage points each, simplify the individual…

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VIDEO: Dan Holler on FBN’s “Varney & Co.” talking about the GOP tax plan

Dan Holler, Vice President of Heritage Action for America, joined Fox Business Network Stewart to discuss tax reform on November 2, 2017. The House Ways and Means Committee released it's preliminary legislative text of a sweeping overhaul of America’s long outdated tax code earlier that day. *To view this video on…

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Federal Housing Administration Should Not Terminate Mortgage Insurance Premiums

By John Ligon, Senior Policy Analyst and Research Manager, Center for Data Analysis, Institute for Economic Freedom and Opportunity at The Heritage Foundation, and Norbert Michel, Director, Center for Data Analysis at The Heritage Foundation. Only a few years after the Federal Housing Administration required $1.7 billion in special appropriations from Congress to…

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Federal Taxpayers Should Not Cover Guarantees in Any Future Mortgage-Backed Securities Market

By John Ligon, Senior Policy Analyst and Research Manager, Center for Data Analysis, Institute for Economic Freedom and Opportunity at The Heritage Foundation. After nearly a decade since the 2008 financial crisis and collapse of the private label mortgage-backed securities market, the U.S. mortgage securitization market has remained almost exclusively within the domain…

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GOP’s Top Tax Writer Says Obamacare Mandate Could Be Repealed in Tax Plan

By Rachel del Guidice, Reporter for The Daily Signal. The chairman of the House Ways and Means Committee says Republican’s tax plan unveiled Thursday could potentially include a repeal of the individual health care mandate in Obamacare. “The president feels very strongly about including this at some step before the…

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The Ugly Consequences of Single-Payer Health Care

By Robert Moffit, Senior Fellow, Center for Health Policy Studies at The Heritage Foundation. The late, great Nobel Laureate economist Milton Friedman said it best: “There’s no such thing as a free lunch.” Friedman’s pithy proverb reminds us that there is also no “free health care.” It’s a timely reminder, as Sen.…

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Small Business Owner in Trump Country Explains Why Tax Reform Will Help the 99%

By Kelsey Harkness, Senior News Producer at The Daily Signal. SEDALIA, Mo.—As Republicans prepare to unveil the details of their major tax reform proposal this week, a small business owner in America’s heartland is speaking out about how her and her employees could benefit. “The 1 percent that keeps being…

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How Keeping the Property Tax Deduction Could Backfire on the Middle Class

By Rachel Greszler, Research Fellow in Economics, Budget and Entitlements at The Heritage Foundation. On the eve of the release of their tax reform proposal, GOP leaders are considering keeping the property tax portion of the state and local tax deduction as part of their plan. This “compromise” could end…

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Keeping the Death Tax Would Make No Sense at All

By Kevin Dayaratna, Senior Statistician and Research Programmer, Center for Data Analysis, Institute for Economic Freedom and Opportunity at The Heritage Foundation, and Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation. Congress is set to unveil more details of its tax reform proposal…

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ICYMI: Professional Legislative Strategy Call 10/19/17

Earlier this month, conservatives working in the business and real estate community all came together for our monthly Legislative Strategy Call. During the call, we heard from Heritage Action’s Wesley Coopersmith, Policy Manager, and Matt Lauer, Grassroots Director.  Wesley walked through updates on tax reform. Matt provided action items for Sentinels on legislative…

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VIDEO: Michael Needham on GOP Tax Plan

Heritage Action CEO Michael Needham discusses the Republican party and their tax reform proposal on Fox News Sunday.…

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Why Trump Should Keep NAFTA’s Investment Protection Provisions

By James M. Roberts, Research Fellow, Economic Freedom and Growth at The Heritage Foundation. President Donald Trump’s trade representative, Ambassador Robert Lighthizer, stirred up some controversy last week when he called for a five-year “sunset” provision to be included in the North American Free Trade Agreement. He asserted that investor-state dispute settlement features in U.S.…

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Tax Reform Means Higher Pay for Americans, Council of Economic Advisers Predicts

By Casey Ryan, Member of the Young Leaders Program at The Heritage Foundation. Lowering the corporate tax rate will spur economic growth and encourage business owners to invest more in their businesses,  leading to higher wages for employees, according to a new report from the president’s Council of Economic Advisers.…

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The Senate Voted to Protect Banks, but It’s Actually a Win for You

By Norbert Michel, Director, Center for Data Analysis at The Heritage Foundation. January marked the start of the first serious effort at federal deregulation in decades. Yet the massive pile of Dodd-Frank rules has remained largely untouched—until last week. On Tuesday night, the Senate exercised its power under the Congressional Review…

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Why Adding a New Top Income Tax Rate Is a Bad Idea

By Rachel Greszler, Research Fellow in Economics, Budget and Entitlements at The Heritage Foundation. One of the most critical ingredients in “pro-growth” tax reform is lowering tax rates for everyone. Conservatives have championed this goal for a long time. But now, as tax reform approaches nearer and nearer, some Republican lawmakers…

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146 in Real Estate Industry Buck National Group by Backing GOP Tax Plan

By Rachel del Guidice, Reporter for the Daily Signal Nearly 150 real estate professionals from 34 states Monday urged congressional Republicans to pass their tax reform package, saying it would “unleash economic growth, create jobs, and increase wages.” In a letter addressed to House Speaker Paul Ryan and Senate Majority Leader Mitch…

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VIDEO: Tax Code Enables Reckless State Spending

As Congress works on tax reform, it is worth noting how politicians and interest groups use the code for their benefit often at the expense of others. Some of the worst abusers are the states. *To watch this video on The Daily Signal YouTube account, click here.…

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Here’s How We’re Making Real Progress Toward Tax Reform

By Senator Mike Lee, Republican from Utah. It’s not every day that good news comes out of Congress, but last week the United States Senate made firm progress on tax reform that included a strong bipartisan message that the final legislation must include real tax relief for working families. Make…

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Deduction for State and Local Taxes Stunts Economic Growth, Group Warns

By Ian Snively, Member of the Young Leaders Program at The Heritage Foundation. Congress should get rid of federal taxpayers’ deduction for state and local income taxes because it ends up costing most taxpayers billions of dollars, an organization that advocates state-level reforms says in an open letter to lawmakers. Removing the…

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Here’s How the Tax Code Helps Rich Taxpayers in Big Government States Pay Less

By Jarrett Stepman, Reporter for The Daily Signal. As Congress works on tax reform, it is worth noting how politicians and interest groups use the code for their benefit often at the expense of others. Some of the worst abusers are the states. One of the most overlooked issues with…

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Trump Says ‘I Can’t Support Bailing Out’ Insurance Companies Profiting From Obamacare

By Robert Donachie, Reporter for the Daily Caller News Foundation. President Donald Trump said Wednesday that he could not support the bipartisan proposal to shore up Obamacare and stabilize the health insurance markets through 2019. “I am supportive of Lamar as a person & also of the process, but I…

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Trump: Tax Reform ‘Will Lift Our People From Welfare to Work’

By Fred Lucas, White House correspondent for The Daily Signal. President Donald Trump promoted his tax reform plan at The Heritage Foundation’s President’s Club, and also touted American values, the Constitution, and “God-given rights.” “We will lift our people from welfare to work, from dependence to independence, and from poverty…

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Citing National Debt, Need for Reform, 69 GOP Lawmakers Vote Against Disaster Relief Bill

By Rachel del Guidice, reporter for The Daily Signal. Sixty-nine Republican lawmakers voted against a $36.5 billion bill for disaster relief, citing concerns about the growing national debt and the lack of reforms for the National Flood Insurance Program. “I voted to provide more money for emergency hurricane relief a…

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VIDEO: The Historic Choice on Tax Reform

Tax reform is about more than updating our policies to meet the times. It is a chance to forever change the direction of our country. Will America remain saddled with a tax system rigged for the wealthy and the well-connected that leaves families struggling to get ahead? Or will we…

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PRESS RELEASE: TRUMP ADMINISTRATION CANCELS ILLEGAL OBAMACARE INSURER SUBSIDIES

OCTOBER 13, 2017 Washington — Following a “thorough legal review,” the Trump administration announced last night that it “believe[s] that the last Administration overstepped the legal boundaries” by distributing Cost Sharing Reduction (CSR) payments to insurance companies without a congressional appropriation. As a result, the Trump administration “will discontinue these payments…

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Our Tax Code Rewards Bad State Policies and Favors the Wealthy. That Needs to Change.

By Rachel Greszler, Research Fellow in Economics, Budget and Entitlements at The Heritage Foundation. One of the many reasons we need tax reform is that our current system encourages bad economic policy at the state level and subsidizes wealthy individuals. You heard that right. The tax deductions for state and…

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It’s Time to Reform Our Tax Code. Let’s Do Something Historic.

By Paul Ryan, 54th speaker of the House of Representatives. Note: House Speaker Paul Ryan spoke at The Heritage Foundation on Oct. 12. The following has been adapted from his remarks. Thank you, Dr. Feulner, and thank you to The Heritage Foundation for having me. The very first thing I want…

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Starting a New Business Shouldn’t Be This Hard

By Timothy Kilcullen, Member, Young Leaders Program at The Heritage Foundation, and Salim Furth, Research Fellow, Macroeconomics, Center for Data Analysis, Institute for Economic Freedom and Opportunity at The Heritage Foundation. A new National Bureau of Economic Research study has quantified the impact of America’s generation-long decline in business startups, and the…

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Environmentalist Policies Are Exacerbating Wildfires. It’s Time to Rethink Forest Management.

By Jarrett Stepman, Editor for The Daily Signal. Massive wildfires continue to rage out of control in Northern California, causing historic loss of life and billions of dollars in damage. The images coming out of California towns, which look like bombed-out cities from World War II, are a sobering reminder of man’s…

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Who Wins and Who Loses with Tax Reform?

By Genevieve Wood, Senior Communications Advisor and Senior Contributor, The Daily Signal. Let’s be honest, if the tax plan currently being debated in Washington becomes law, there will be winners and losers. The question is, how will it affect you? The GOP plan to reform America’s tax code is, as…

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Obama’s Climate Plan Was a Failure on All Accounts

By Nicolas Loris, Herbert and Joyce Morgan Fellow in Energy and Environmental Policy, Center for Free Markets and Regulatory Reform, at The Heritage Foundation. The Trump administration is dismantling President Barack Obama’s climate legacy piece by piece, and this week it’s taking an axe to arguably the biggest piece. In an…

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In Hurricane Harvey Response, Congress Must Avoid the Mistakes of Sandy

By Justin Bogie, Senior Policy Analyst in Fiscal Affairs, Roe Institute for Economic Policy Studies, Institute for Economic Freedom and Opportunity, at The Heritage Foundation. As the floodwaters of Hurricane Harvey begin to recede, focus will shift to the costs of cleanup and recovery. There are already rumblings that Congress will…

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PRESS RELEASE: Heritage Action Opposes $16 Billion Bailout of Federal Flood Program

OCTOBER 5, 2017 Washington — On Wednesday, the Trump administration submitted a $29 billion disaster supplemental request to Congress. The request included $12.77 billion for the Federal Emergency Management Agency’s (FEMA) Disaster Relief Fund (DRF), $576.5 million for federal wildfire suppression, and a $16 billion writedown of the National Flood Insurance…

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Some Say GOP Tax Plan Would Raise Taxes. Here’s What They’re Missing.

By Kevin D. Dayaratna, Senior Statistician and Research Programmer, Center for Data Analysis, Institute for Economic Freedom and Opportunity at The Heritage Foundation, Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, and Rachel Greszler, Research Fellow in Economics, Budget and Entitlements at The Heritage Foundation.…

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6 Takeaways From the Senate Budget Proposal

By Justin Bogie, Senior Policy Analyst in Fiscal Affairs, Roe Institute for Economic Policy Studies, Institute for Economic Freedom and Opportunity at The Heritage Foundation, Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, and Frederico Bartels, Policy Analyst, Davis Institute for National Security…

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The FHFA and Treasury Should Not Allow Fannie and Freddie to Recapitalize

By John L. Ligon, Senior Policy Analyst and Research Manager in the Center for Data Analysis, of the Institute for Economic Freedom, at The Heritage Foundation. Almost a decade into the federal conservatorship of Fannie Mae and Freddie Mac, Congress continues to delay passing legislation that would resolve their fates.…

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This Critical Part of Tax Reform Would Help Liberate Small Businesses

By Sondra Clark, Managing Director of Communications and Grassroots at Heritage Action for America. Americans have always fostered a spirit of entrepreneurship. We take pride in pulling ourselves up by our bootstraps. Unfortunately, our complicated and restrictive tax code is limiting innovation and growth in this country. One of the…

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This Key Change Will Bring Money Pouring Back Into the US

By Sondra Clark, Managing Director of Communications and Grassroots at Heritage Action for America. President Donald Trump once called our tax code a “giant self-inflicted wound.” He’s right—and one of the worst aspects of our broken code is the “worldwide” system of taxation. Under current tax law, U.S. businesses are…

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‘Deregulation Day’ Spotlights Big Changes Trump Is Bringing to Washington

By Diane Katz, Senior Research Fellow in Regulatory Policy, Roe Institute for Economic Policy Studies, Institute for Economic Freedom and Opportunity. Monday is “Deregulation Day” for the federal government as declared by President Donald Trump, and thus is an opportune time to deliver the findings of The Heritage Foundation’s latest tracking…

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How the Current Tax Code Disfavors American Workers

By Scott Asbjornson, executive of AAON, Inc., an HVAC company based in Tulsa, Oklahoma. The U.S. tax code is 4 million words long, so it’s no surprise that millions of Americans look for help every year just to keep appraised of the ever-changing, complex maze of laws and regulations—and yet few actually…

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A Revised Tax Code Could Make Filing Your Taxes Much Faster, Cheaper

By Sondra Clark, Managing Director, Communications and Grassroots, Heritage Action for America. Keep it simple. This mantra of simplicity has been ignored for far too long in Washington, D.C. Elites in the nation’s capital have a high tolerance for nuance, caveats and complexity, and for preserving the status quo. I get…

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Only a matter of time before GOP fulfills promise to kill ObamaCare

By Tommy Binion, Director, Congressional and Executive Branch Relations at The Heritage Foundation. The problems created by ObamaCare will outlast the latest effort to repeal the bill. The GOP has not yet fulfilled its oft-repeated promise to repeal ObamaCare, and pundits are busy declaring that the GOP has failed for…

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VIDEO: Tax Reform for Middle Class Americans

Following an introduction by Heritage Action CEO Michael Needham, Ways and Means Committee Chairman Kevin Brady (R-TX) will discuss how he and the Committee – working together with President Trump and the House and Senate – are moving forward on transformational tax reform that will help middle-class Americans throughout their…

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VIDEO: “Tax Week” at Heritage Action: Individual Rates

Sondra Clark and Andrea Palermo kicked off "Tax Week" at Heritage Action by discussing how lowering and simplifying the individual tax rates will save you and your family time and money!…

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Senate Fails to Pass Important Flood Insurance Reforms

Last week, a bill (H.R. 3823) to reauthorize the National Flood Insurance Program (NFIP) was signed into law. The bill unfortunately did not include a provision to expand private flood insurance under the NFIP. Although related provision were included in H.R. 3823 when it passed the House on Thursday morning,…

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Deregulation Day

By Sutton Truluck, Research Assistant at Heritage Action for America. The new federal fiscal year began yesterday, October 1st. While not marked on most American calendars, the date is significant in Washington because it begins the annual "budget season." For federal agencies, this means finalizing budgetary and regulatory proposals for…

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PRESS RELEASE: Heritage Action Applauds GOP Tax Proposal

SEPTEMBER 27, 2017 Washington — Today, Republicans will unveil new details of a sweeping overhaul of America’s tax code. The plan would unleash economic growth, create American jobs, increase wages for American workers, allow families to keep more of their hard-earned money, and make U.S. businesses competitive across the globe. It…

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Conservatives Encouraged by Republican Framework for Tax Reform

By Rachel del Guidice, reporter for The Daily Signal. Any tax reforms passed by Congress should give relief to middle class families and small businesses, bring jobs and capital back to the United States, and make the tax code more fair by ending loopholes and breaks for special interests, congressional…

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A tax cut for all Americans

By Dr. Ed Feulner, founder and president of The Heritage Foundation. When you hear the phrase “corporate tax cut,” what do you picture? Middle-class workers, or Uncle Moneybags, the character from the Monopoly board game? Probably the latter, unfortunately. Too many Americans buy into the popular misconception that such a cut…

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Full Expensing and Meaningful Tax Reform

By Sutton Truluck, Research Assistant, Heritage Action for America. The Trump presidential campaign and congressional Republicans made numerous promises to Americans throughout the 2016 election cycle. Second only to repealing Obamacare, the most recurring promise was to deliver pro-growth tax reform by the end of this year. Unfortunately—now nine months…

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Real Estate Professionals Legislative Strategy Call 09/21/17

Last week, conservatives working in the real estate community all came together for our monthly Legislative Strategy Call. During the call, we heard from Heritage Action’s Wesley Coopersmith, Policy Manager, and Matt Lauer, Grassroots Director.  Wesley walked through updates on the state of health care reform and tax reform. Matt provided action items…

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VIDEO: Michael Needham talks Jimmy Kimmel and Senate Health Care Bill

Heritage Action CEO Michael Needham discusses Jimmy Kimmel and the Senate health care bill on Fox & Friends September 21, 2017.…

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Obama’s ‘Julia’ Will Have Better Life Because of Tax Reform

By the Video Team at The Daily Signal. Julia and her husband, James, are worried about their future. James lost his job and can’t find work. Julia has not received a raise in many years and is unhappy at her job. They are struggling just to make ends meet and…

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The GOP’s Last-Ditch Effort to Partially Repeal Obamacare

By Rachel del Guidice, reporter for The Daily Signal. Republican senators are pitching one last-ditch effort to repeal Obamacare regulations before a Sept. 30 deadline. A bill, drafted by Republican Sens. Lindsey Graham of South Carolina, Bill Cassidy of Louisiana, Dean Heller of Nevada, and Ron Johnson of Wisconsin, along…

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Why Bernie Sanders’ Single Payer Health Care Plan Is a Total Disaster

By Robert E. Moffit, Senior Fellow in The Heritage Foundation's Center for Health Policy Studies. Americans face a stark choice on what their health care will look like in the future. They can adopt a government-run health-care system, financed by new and heavy federal taxation, with federal officials making all…

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Congress Takes Positive Steps to Protect Property Owners From Asset Seizure

By Jason Snead, Policy Analyst, Meese Center for Legal and Judicial Studies, Institute for Constitutional Government at The Heritage Foundation. The House of Representatives has moved to defund the controversial civil forfeiture practice known as “adoptive” seizures. Last week, lawmakers voted overwhelmingly to approve three amendments to the Make America Secure and…

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VIDEO: Adam Michel on CNN to Discuss Tax Reform

Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation, Appears on CNN's At This Hour with Kate Bolduan to Discuss Tax Reform.…

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Weighing Options on Obamacare

Congress reportedly has until September 30th to use the fiscal year 2017 budget reconciliation tool to repeal and replace Obamacare without Democrat support. With this looming deadline, Congressional Republicans are scrambling to form a healthcare bill that will get 50 senators to “yes”. Last week, Senators Lindsey Graham (R-S.C.) and…

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Trump’s September Budget Deal Could Move Tax Reform

By Romina Boccia, Deputy Director, Thomas A. Roe Institute at The Heritage Foundation. This week’s budget deal is fiscally irresponsible. But it just may have cleared the legislative schedule for serious action on much-needed tax reform. The lamentable budget deal suspends the debt limit—and continues all discretionary spending at current (FY 2017)…

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Cruz Highlights 7 Ideas for Tax Reform

By Rachel del Guidice, reporter for The Daily Signal. Sen. Ted Cruz thinks tax reform can help the average American. Tax reform is all about “the promise to remodel our antiquated, bureaucratic, ineffective tax system with the objective of creating more jobs, higher wages, more opportunity, with the objective of…

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I Went to a ‘Remembering Our Fallen’ Memorial in DC. Here’s What I Saw.

By Jarrett Stepman, editor for The Daily Signal. In the 16 years that have passed since Islamist terrorists attacked this country on 9/11, thousands of Americans have given their lives in the conflicts that followed. On Friday, I had the opportunity to visit a “Remembering Our Fallen” exhibit at the base…

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Trump Is Right. ‘Our Tax Code Is a Giant, Self-Inflicted Economic Wound.’

By Adam Michel, Policy Analyst, Thomas A. Roe Institute for Economic Policy Studies In his second speech in two weeks on the need for tax reform, President Donald Trump again made a strong case, explaining that “our tax code is a giant, self-inflicted economic wound.” This time speaking in North…

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Trump’s Budget Deal With Democrats Will Only Worsen Our Fiscal Situation

By Justin Bogie, senior policy analyst in fiscal affairs at The Heritage Foundation. Late Wednesday night, the Senate released the text of legislation that would provide disaster relief funding and other federal aid for Hurricane Harvey and other 2017 disasters, suspend the debt limit, and extend the National Flood Insurance Program and government…

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Trump Can End Congress’ Illegal Obamacare Exemption with the Stroke of a Pen

By John Malcolm, Vice President for the Institute for Constitutional Government and Michael Cannon, Director of health policy studies at the Cato Institute Congress' ongoing failure to repeal Obamacare means ordinary citizens will continue to suffer that law's rising penalties, wage cuts, reduced choice, rising premiums, eroding coverage, administrative burdens, and collapsing markets. But don't worry, members of…

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Governors Urge Greater Flexibility for States in Creating and Implementing Health Care Policy

By Rachel del Guidice, reporter for The Daily Signal. Five governors—representing both parties and from states across the country—told a Senate committee Thursday that inaction on health care is not an option and lawmakers should look to the states for solutions. Colorado Gov. John Hickenlooper, a Democrat, praised the successes of…

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