Morning Bell: How to Balance the Budget in 10 Years

◼ To prevent the federal debt from growing further out of control and harming economic growth in the long term, Congress must balance the budget in 10 years and keep it balanced—without raising taxes further. - Heritage Morning Bell

This 5-point checklist covers the do’s and don’ts of balancing the budget in 10 years (at the link)

◼ VIDEO: Jim DeMint Says Obama Is “Running Out of Excuses” on Debt - Rob Bluey/Heritage

Heritage Foundation President-Elect Jim DeMint told Fox News’ Greta Van Susteren last night that President Obama is “running out of excuses” on America’s debt problem and liberals are in denial if they think Washington doesn’t have a spending addiction.

Greta, the president is running out of excuses. He can’t blame the last administration because he is the last administration. President Obama has spent more and created more debt than any president in history. Yet we’ve got the slowest recovery of any recovery in history.