Chinese Debt Owed to Americans and it’s Failed Obligations

From 1900 to 1940, the Chinese Government issued millions of dollars in sovereign debt – most notably, a large tranche of £25,000,000 issued at 5% in 1913 set to mature ...

Side Effects: Obamacare Adds $17 Trillion to Long-Term Unfunded Government Spending

Last week, the Senate Budget Committee Republican staff released a report revealing that, over the next 75 years, Obamacare will add an additional $17 trillion in unfunded obligations—i.e., the benefits ...

Chart: ‘America’s Debt Worse Than Greece’

Thanks to the office of Senator Jeff Sessions (R-Ala), ranking member on the Senate Budget Committee, sends along this shocking chart, showing that ‘America’s Per Capita Government Debt is Worse ...

Iceland Proves U.S. Got It Wrong

Iceland is in a true recovery, the their bond rating was raised in a world where everyone’s is being down graded. They let their banks fail and let losses be ...

Why Greece’s Fate Is So Important

We need to follow Greece because their default and withdrawal from the eurozone would set off major consequences to the European Monetary Union, and thus the EU, that are unforeseeable. ...

Eurozone: A Bad Situation Getting Worse

At this point in the Eurozone crisis, the only responsible thing for European leaders to do is to develop contingency plans that will minimize the economic fallout in Europe when—not ...

Debt Limit Increases to Nearly $16.4 Trillion

At the close of business, the federal government’s debt limit will increase by another $1.2 trillion, the final installment in a series of hikes that started last summer. This last ...

U.S. Debt Nears $15.194 Trillion Ceiling

The Treasury Department has begun maneuvers to avoid hitting the debt ceiling, as the Obama administration waits for Congress to return from the holiday break before it can raise the ...

Top 10 Heritage Papers of 2011

At The Heritage Foundation, our experts work tirelessly to produce relevant research on the big policy questions facing Congress. This year was no different, and Members of Congress, their staff, ...

Top 10 Charts of 2011

Just how high is America’s tax burden? How bad is the entitlement crisis? Sure, the national debt is big, but just how big is it really? Numbers help tell the ...