Instead of redirecting course, Biden is continuing Trump’s spending legacy.
Private property was the solution to their failed experiment. But people keep repeating the Pilgrims' mistakes.
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
Plus: Users surge on decentralized social media platform Mastodon, the fall of city drugstores, and more...
If the midterms favor Republicans, their top priority needs to be the fight against inflation—whether or not they feel like they created the problem.
Plus: For Halloween, the editors describe what scares them most about politics and government right now.
The new survey, released by Data for Progress, could spell trouble for Democrats hoping for gains in November following Biden's debt relief plan.
The Political Class Has Consistently Ignored Warnings of Fiscal Doom. Now Americans Are Paying the Price.
Warnings of inflation and rising interest rates have long been tied to high and rising debt levels.
According to a new report for the Congressional Budget Office, student loan debt forgiveness will likely completely wipe out gains made by the Inflation Reduction Act—and then some.
So much for the idea that low interest rates meant the government could borrow endlessly with no consequences.
James Taylor croons while the stock market burns after another ugly report on inflation.
In six states, accepting student loan forgiveness is likely to result in an increased tax bill.
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
Assistant Editor Emma Camp unpacks how Biden's student loan forgiveness plan is deeply misguided.
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
Biden's plan to forgive nearly $300 billion in student loan debt will disproportionately help affluent Americans.
"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman
Unsurprisingly, wealthier Americans will be the prime beneficiaries of the White House's soon-to-be-announced student loan forgiveness scheme.
But it will raise taxes and sic thousands of new IRS agents on American households.
Many conservatives no longer appear to care much for fiscal conservatism.
Congress has added $2.4 trillion to the long-term deficit since President Joe Biden took office. Now they want credit for reducing the deficit by $300 billion?
Senate Republicans have raised reasonable objections that legislation covering veterans' health conditions linked to toxic burn pits will allow for more spending on unrelated items.
The Federal Student Loan Program Was Supposed To Pay for Itself. Now, It'll Cost Taxpayers $197 Billion
A new report from the Government Accountability Office found that the Federal Student Loan Program will cost over $300 billion more than originally predicted.
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
The proposal reportedly hikes taxes by over $730 billion, with $300 billion of that money to be used for reducing the federal budget deficit.
Dissecting the president's misleading claims about falling deficits
Democrats Are Trying To Push Through Another 'Build Back Better' Bill. It Would Only Make Inflation Worse.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.
...and why government spending is like an infestation of cicadas.
Under Biden, Trump, and Obama, government federal spending almost doubled.
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
The president is trying to claim credit for falling deficits. Actually, his administration has overseen a $2.4 trillion increase in the long-term deficit.
Under current policies, Social Security and Medicare will consume 85 percent of all federal tax revenue by 2050.
New CBO report shows that the longer Congress waits to deal with the debt, the bigger the problem becomes.
Student debt cancellation would disproportionately benefit college degree holders with higher earnings.
Joe Manchin keeps saying out loud the part that Joe Biden would rather keep quiet.
Democrats hail the new budget agreement as "the largest increase in non-defense discretionary spending in four years" while Republicans tout a big boost in military spending. Everyone wins!