The media has been trumpeting reports that Uncle Sam will only spend $500 billion more than it takes in this year.

While it’s good news that we’re adding less to the debt than in past years, Heritage’s Steve Moore writes, the long-term picture has actually grown worse:

But what hasn’t been advertised is the disgraceful longer-term outlook for our fiscal future, which took a turn for the worse. And Obamacare is the main culprit. In the long run, the budget deficit will be slightly more than $1.5 trillion WORSE than previously estimated.

Heritage has a detailed plan to cut spending and rein in the debt. Read the whole thing.

Do you think we can ever get spending under control?

Comments (16)

Ellen Elmore - February 7, 2014

No, I don’t think we can get spending under control as long as we have RINO’s and Democrats in Congress and Obama as president. It’s going to take true conservatives to make a difference in DC. Otherwise it will be business as usual.

Craig Hulbert - February 7, 2014

We will never get spending under control until the governement is not allowed to use base line budgeting gimmicks that exceed all levels of inflation. Only the federal government can claim to a cut in spending when a budget actually increases but does not increase as high as the baseline budget called for!

Patricia - February 7, 2014

Sooner better than later. The longer we wait the harder and longer it will take.

Phil Yount - February 7, 2014

Frankly, I don’t think so. I don’t see how it might happen. With all the entitlement obligations in the form of Social Security, Supplemental Security Income, Medicare, and now Obamacare, and with most of those recipients clamoring for the government not to touch their entitlement, how will it ever happen? I think we’re doomed. To what, I’m not sure, but doomed nonetheless.

Jeff Yetter - February 7, 2014

We? Who IS We? Those of us concerned about the federal hemorrhage of the tax money that we are forced to surrender, have virtually NO VOICE and NO MEANS with which to counter the profligacy. Washington is a closed-loop system.

Bill Stockinger - February 7, 2014

The spending increased under Bush 2, are you still standing with the GOP? Isn’t it time this organization throw it’s weight with the TEA party people? I am finding it more difficult to distinguish between GOP & Dem’s. You send all the info you research to the GOP and they still do what they want.

Author Nathaniel Ward - February 7, 2014

Thank you for writing.

The Heritage Foundation has consistently opposed spending increases and urged cuts, including during the Bush administration.

For example, our experts led the charge against expanding Medicare under Part D, and we were the first to point out the GOP’s lavish spending habits and massive increases in non-defense spending.

Heritage’s Solutions 2014 plan recommends specific cuts and reforms to get government under control.

Patty Kerr - February 7, 2014

No. Not until we have term limits. There is too much self interest in our leaders without concern for the nation.

Bill Grose - February 7, 2014

Outside event beyond the control of Washington such as a financial meltdown is the only way the deficit will be reduced.

Patty Kerr - February 7, 2014

No. Not without term limits. Most of our leaders are more interested in themselves than what is best for the country.

Don - February 8, 2014

Do you think we can ever get spending under control?

Don’t make me laugh. As long as Johnny Isakson & Saxby Chambliss (our two senators) are proud to have joined in passing a bi-partisan Farm Bill that spends tens of millions that don’t need to be spent we will NEVER get spending under control. There was absolutely no attempt at all to actually CUT anything – they just made the increase smaller & crowed about it being a cut.

Don & Mary Helen Reinhard

j.n.Wms. - February 8, 2014

No (by objective, reasonable expectation). Will to do what is necessary is lacking. National character through-out the electorate is lacking. Indeed, we are likely at a state now where sensitivities have reached a socio-legal-political state which would regard what is now necessary-&-proper as being unconstitutionally repressive policy. So, at political ‘crunch time’ it becomes minority sentiment at best. Who, e.g., can be, or stay, elected to effectuate the extent of departure needed from the ‘give me candy’ mentality which has come to be? What we have to have, we have lost the will-&-character for getting. Instead, socialism’s socialization of us has occurred. Indeed its inevitable result is likely the very fiasco which must first be experienced, worked unto its inevitable failure, before needed change can, and will, occur. God have mercy on us. God have mercy on the U.S.A. — in Christ Jesus’ name, I pray.

Richard Gaskill - February 8, 2014

As long as the socialist politicians,still thinking Goverment should run everything,they will spend,and spend with money we(they) don` t have.This 17 trillion dollar debt will NEVER be paid off,only increased,and our economy will suffer for all this incompetence of our leaders.We the people have to stop this,by electing new leaders who can do the job we sent them there to do.

Holly Chapo - February 8, 2014

Did anyone ever hear of “The Liberty Amendments,” Mark Levin’s brilliant, most recent book about the Constitution’s Article V? This Article clearly states that a convention of states can propose and pass amendments without the intervention of Congress or interference of the president. Levin proposes a balanced budget amendment as one to seriously consider. That’s one option and a very powerful one at that. We the people can do a better job of electing our representatives by NOT returning to Congress the very people who will NOT listen to us. They serve us; we do not serve them and they need to be held accountable. If they don’t shape up, then fire them. As long as we have power hungry career politicians who will declare to their constituents that they are “bringing home the bacon” via pork spending and then, have mindless voters falsely believing this nonsense, then we can expect spending to continue out of control. We need to elect TRUE conservatives.

Bruce - February 8, 2014

The RINO’s combined with the Democrats to pass an outrageous Farm Bill which continues to give money to people who don’t need it but now makes this harder to trace. The liberal media happily reports that the government is now working again while demonizing the Tea Party. The low information voters lap this up and continue to re-elect these morons.
The only we will get spending under control is to elect Tea Party candidates who will not knuckle under to the special interest groups.

Kevin Ezell - February 10, 2014

The only way that we will get our spending in control, is to get rid of the current people now in Congress. Those currently in Congress have lost their ability to be responsible to the public by spending the money as if it was theirs and not others. They have lost their way by using baseline budgeting and not setting a real house hold budget for the actions that government has to do.

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