If a single person retires at 65 after earning an average income of $30,000 a year for 30 years, an amount equal to an average of $4,500 was paid into Social Security, per to fund his SSI benefits. If an average interest rate of 5 percent were paid, the future value of his account would […]
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, journalists, researchers, and Heritage members and readers turned to our experts for their analysis. Listed below are the top 10 papers of 2011, covering everything […]
Over the past 50 years, 10 U.S. presidents have made annual budget requests to Congress, projecting deficits both big and small. But no other president compares to Barack Obama when it comes to the size and scale of the current budget deficit facing the United States. The country is facing an 8.3 percent estimated average national […]
A picture released by Fars News Agency on December 29, 2011, shows a U.S aircraft carrier spotted in an area of the Iranian navy ongoing maneuver zone on the Sea of Oman, near the Strait of Hormuz in southern Iran. UPI/ Abdollah Arab Koohsar/Fars News The Strait of Hormuz lies between Iran and the United […]
Before he became president of MF Global, the bankrupt brokerage firm that lost $1.2 billion in client money, Bradley Abelow spent time as New Jersey’s treasurer and former Gov. Jon Corzine’s chief of staff. In those roles, Abelow served alongside Lisa Jackson, who led the state environmental protection department and eventually succeeded Abelow as Corzine’s chief […]
Americans are blessed to have inherited a constitutional republic. If we are to keep it, we must vigilantly preserve the Constitution upon which it stands. As 2011 draws to a close, we made a list (and checked it twice!) of the year’s most important constitutional trends. Nice: Congress begins to rediscover its (atrophied) constitutional muscles […]
This year saw the death of Osama bin Laden, the Arab Spring and the fall of regimes in Libya and Egypt, a conservative revolution in Wisconsin, continued joblessness in America, and a European economic crisis. Through it all, Heritage experts provided the best conservative analysis of the latest breaking news here at Foundry.org. Below are […]
By Jim Wolf and Nicola Leske (Reuters) – The Obama administration cleared the way for states to legalize Internet poker and certain other online betting in a switch that may help them reap billions in tax revenue and spur web-based gambling. A Justice Department opinion dated September and made public on Friday reversed decades of […]
In a damning report, The Washington Post details its investigation of President Barack Obama’s much-hyped green jobs program. Its findings? Politics, not policy, underpinned the White House’s calculations. From The Post report: Meant to create jobs and cut reliance on foreign oil, Obama’s green-technology program was infused with politics at every level, The Washington Post found […]
(CNSNews.com) – A number of big names from the entertainment industry have contributed to President Barack Obama’s campaign for a second term in office and to the Democratic National Committee. According to the campaign contribution data on the OpenSecrets.org Web site, actor George Clooney is renewing his support for President Obama in 2011 with a $2,500 contribution for the primary […]
