The Trump Administration Says Nursing Isn't a Professional Degree. Here's Why That's a Good Thing.
The decision isn't a value judgment. It's a recognition that nursing school is usually cheaper than medical school.
Deficits
Republican Socialism: Trump Is Taking Federal Stakes in Private Companies
The Trump administration's pivot toward socialism did not come without warning.
A 50-Year Mortgage Won't Make Homes Affordable
Ultra-long mortgages create the illusion of affordability but lock borrowers into decades of extra interest because leaders won’t fix the supply crunch.
America's $30 Trillion Publicly Held Debt Is 42 Times Larger Than It Was in 1980
Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.
The Government Shutdown Isn't Stopping Trump From Amassing 'Emergency' Powers
As of mid-2025, there were roughly 50 simultaneous national emergencies in force.
After All Those DOGE Cuts, Federal Spending Still Increased by $300 Billion
For the fiscal year that ended on September 30, the federal government spent more than $7 trillion and ran a $1.8 trillion deficit.
Shutdown Livestream: This Won't Fix Trillion-Dollar Deficits
Reason's Peter Suderman and Eric Boehm discuss the government shutdown live at 3 p.m. Eastern time today.
Mamdani's Fare-Free Buses Wouldn't Be NYC's First Wasteful Public Transit Boondoggle
A previous pilot program found free access slowed down buses in New York City, which already has the slowest buses in the nation.
Here's What Would Happen If We Seized All the Wealth From America's 800 Billionaires
Don't comfort yourself with wishful thinking that millionaires and billionaires could take the entire burden of the deficit off our hands.
The Real Threat to Fed Independence Isn't Trump. It's Congress' Debt Addiction.
The president's clear attempt to interfere in the Federal Reserve is not a one-off crisis.
Brandon Johnson's Chicago Is a Preview of Zohran Mamdani's New York
Big city mayors' progressive ambitions are on a collision course with fiscal reality.
The National Debt Is Becoming Your Local Problem
Federal overspending is squeezing states and cities, forcing them to raise taxes, slash services, or pile on more debt.
We're Lying to Ourselves About Taxes, Spending, and the Debt
It's time to ask what level of spending Americans truly want with the money we actually have.
Trump Doesn't Need To Fire Jerome Powell. He Needs To End America's Spending Addiction.
The executive branch wants to use the Federal Reserve as a tool to accommodate the government's frenzy of reckless borrowing.
The $4 Trillion 'Big, Beautiful Bill' Breaks the Bank and Violates Congress' Own Budget Rules
This is what Washington calls compromise: The House proposes $1, the Senate proposes $2, and somehow, the government ends up spending $3.
Medicaid Work Requirements Are a Short-Term Fix to a Long-Term Problem
A more effective reform is to let the market curb waste and reward innovation.
Big, Beautiful Bill Finds Its Opponents
Plus: The anti-socialist moment, muscle-building drugs counteract Ozempic, arsony gunman in Idaho, and more...
Negating Democratic Consent
How the Colorado Supreme Court has nullified Colorado constitutional limits on taxes, debt, and corporate privilege.
Will He, Won't He
Plus: Iran strikes an Israeli hospital, Social Security and Medicare are still running out of money, Trump erects a giant flagpole, and more…
The 'Big Beautiful Bill' Will Require Even More Borrowing Than Previously Thought
After accounting for the dynamic effects of the Trump-backed tax bill, the CBO concludes it will add $2.8 trillion to the deficit over 10 years.
Trump's 'Big, Beautiful' Military Parade Is a Big, Ugly Waste of Millions of Dollars
Most Americans, it turns out, do not think it is a good use of taxpayer money, according to a recent poll.
Extending the Trump Tax Cuts Is a Good Idea. But It Won't Deliver 'Big, Beautiful' Economic Growth.
The budget legislation is full of other expensive provisions that will add trillions to our sky-high national debt.
Here Are 3 Reasons Why the 'Big Beautiful Bill' Won't Generate 3 Percent Growth
The White House is promising higher growth, but tariffs, borrowing, and rising interest rates will be a drag on those expectations.
Why Can't Elon Musk and Donald Trump Both Win?
In a petty, public war of words, Trump threatens to cut off federal support to Musk's companies after the billionaire attacked his deficit-busting budget bill.
Another Divorce for Trump
Plus: A cynical take on Zohran Mamdani, Florida's drinking water threatened, and more...
How Does the National Debt Affect You? A Budget Expert Explains.
Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.
America's Credit Is Falling—and the Government Is Still Digging Deeper Into Debt
The lesson from the Moody's credit downgrade is that the U.S. cannot borrow its way to prosperity.
The GOP Tax Bill Will Add $2.3 Trillion to the Deficit, CBO Says
That total could double if temporary provisions in the bill become permanent, as is likely to happen.
3 Terrible Companies To Lose $5 Billion in Federal Green Energy Loans
One of the recipients has filed for bankruptcy after allegedly scamming elderly clients.
Not Even the Moody's Downgrade Can Make Republicans Take the National Debt Seriously
Friday's announcement by Moody's and the House Budget Committee vote could have been a turning point.
Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits
A new analysis from the Committee for a Responsible Federal Budget estimates that the national debt will equal nearly 130 percent of GDP by 2034.
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.
Elon Musk Discovers That Serious Spending Cuts Are 'Really Difficult'
As he shifts his focus away from DOGE, he acknowledges the need for hard choices and congressional action.
Feds Borrowed $1.3 Trillion in the First 6 Months of This Fiscal Year
That's the highest total outside of the COVID-19 pandemic, and now Congress wants to borrow even more.
A Trade War Will Reduce American Exports Too
It's obvious that tariffs will harm American companies that import goods. But the losses don't end there.
Gold Tops $3,000
Despite efforts to rein in government debt, gold prices keep rising—suggesting investors aren’t buying the promises of fiscal responsibility.
How Pokémon Helps Explain DOGE
Musk's fans and critics will keep debating whether DOGE is revolutionizing government or wrecking important institutions.
Congress and DOGE Can Find Spending Cuts at the Department of Defense
The U.S. can defend itself at a lot less expense.
Yes, Cutting Government Waste Is Important
Entitlements are a much bigger expense, but that doesn't mean the waste doesn't matter.
Trump Promised a Balanced Budget. Don't Believe It.
It's great to have presidents talking about the need for a balanced budget, but Republicans are backing a plan that will increase borrowing.
DOGE and Congress Should Take a Chainsaw to Corporate Welfare
Handouts to corporations distort the market, breed corruption, and politicize the economy.
DOGE and Congress Should Look Hard at Reforming Social Security
Means-test Social Security, raise the retirement age, and let us invest our own money.
The House GOP Budget Blueprint Promises More Borrowing, More Debt, and Not Enough Spending Cuts
"If the Republican budget passes, the deficit gets worse, not better," says Rep. Thomas Massie. He's right.
Americans Say Government Is Corrupt and Inefficient but Are Lukewarm About DOGE
Democrats seem willing to tolerate a lot to get a larger government, but Republicans aren’t much better.
The New Republican Budget Plan Is Unserious
It tries to offset as much as $4.8 trillion—mostly for tax cut extensions—with only $1.5 trillion in supposed spending reductions.
Consumer Financial Protection Bureau
How the CFPB's Medical Debt Rule Could Backfire
Scrubbing credit reports won’t erase debt—it will just make borrowing harder for low-income Americans.
