Trump's New Budget Is Another Blueprint for Big Spending
We don't need more of the same. We need evidence of a serious turnaround.
We don't need more of the same. We need evidence of a serious turnaround.
As he shifts his focus away from DOGE, he acknowledges the need for hard choices and congressional action.
Impoundment, line-item vetoes, and the tricky problem of cutting spending through the executive branch
The budget proposal calls for gutting federal energy funding and environmental justice initiatives.
The White House budget plan says the agency's failure to prove it was not complicit in a possible lab leak shows it's "too big and unfocused."
A scam that uses AI to “enroll” in community colleges to pocket student aid has skyrocketed in the Golden State and across the nation.
When compared to the most likely alternatives, DOGE has cut as much government as one could hope for.
Apparently freezing $2 billion in federal funding wasn't enough.
Republicans often call for cutting off the funds but have never actually done the deed. Here's why this time might—might—be different.
The cost cutter's current projection of annual "savings" is 85 percent lower than the goal he set two months ago—and even that number can't be trusted.
Plus: A listener asks whether or not Thomas Jefferson was right.
That's the highest total outside of the COVID-19 pandemic, and now Congress wants to borrow even more.
The government currently collects revenue in an arbitrary and distortionary manner, with loopholes that benefit special groups.
The Nobel Prize-winning economist says the Iron Triangle of Politics must be defeated to cut down the government for good.
Despite efforts to rein in government debt, gold prices keep rising—suggesting investors aren’t buying the promises of fiscal responsibility.
Republican members of Congress are lobbying to keep the Inflation Reduction Act's tax credits alive.
The past three administrations have tried and failed to implement binding regulations on risky research that likely caused the COVID-19 pandemic.
Farmers will bear the brunt of Trump's trade war. That's a good reason to avoid tariffs in the first place, not an excuse for another bailout.
The Federal Acquisition Regulation requires the right for the government to terminate any federal contract "for convenience."
The Senate minority leader mocked anti-tax, anti-government views held by most Americans.
More education dollars are funding more bureaucrats, who, by and large, are not improving student outcomes.
The U.S., in turn, should cancel the F-35 program altogether.
Dissidents resisting authoritarian regimes should be independent of the United States—and so should their media sources.
Musk's fans and critics will keep debating whether DOGE is revolutionizing government or wrecking important institutions.
Plus: Rate reductions, Apple encryption, the Mahmoud Khalil case, and more...
North Carolina and Virginia have managed to keep quality up and costs down.
The cost-cutting initiative's calculation of "estimated savings" is mostly mysterious, and the parts we know about are riddled with errors.
Since Congress began requiring annual audits in 2018, the Department of Defense has never passed.
The outgoing administration shoveled out loans for projects that private lenders wouldn't fund.
Every cut helps, but that's not where the money is.
The U.S. can defend itself at a lot less expense.
Threats to impeach federal judges who rule against the government are a naked attack on their constitutionally crucial function.
Reform could replace an unsustainable boondoggle with lower costs, more freedom, and better care.
Entitlements are a much bigger expense, but that doesn't mean the waste doesn't matter.
The president's assertion is divorced from reality, and so are the "estimated savings" touted by Elon Musk.
It's great to have presidents talking about the need for a balanced budget, but Republicans are backing a plan that will increase borrowing.
Handouts to corporations distort the market, breed corruption, and politicize the economy.
If only they were as big as the list of new spending.
A smaller government with a more powerful set of unaccountable executive officials is unlikely to be much of a win for liberty.
The federal government has no business being a bank.
Means-test Social Security, raise the retirement age, and let us invest our own money.
If the Department of Government Efficiency goes about this the wrong way, we could be left with both a presidency on steroids and no meaningful reduction in government.
At the current rate of inflation, the dollar will lose 33 cents of purchasing power within a decade.
Cuts to government spending mean fewer bonds, lower borrowing costs, and potentially a break for borrowers.
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