Republicans Need an Actual Plan To Grow the Economy
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
The biggest beneficiaries of economic growth are poor people. But the deepest case for economic growth is a moral one.
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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.
Plus: The editors wade into the conversation surrounding the modern dilemmas men face.
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.
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.
Plus: The editors field a listener question on abortion.
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.
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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.
Many conservatives no longer appear to care much for fiscal conservatism.
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.
Making their monthly payments is a major drag for millions in their 20s and 30s, but federal forgiveness is the stupidest way to address this problem.
Here's hoping we don't wind up with more of the spending and favoritism that's become so common.
Interest rates and servicing costs could push us into worrisome territory sooner than we think.
Only 6 percent of Americans say the federal government is extremely "careful with taxpayer money," yet those same Americans consistently report that they want the government to do more.
Despite a few encouraging analyses, the numbers just don't add up.
Under Biden, Trump, and Obama, government federal spending almost doubled.
The president's $5.8 trillion budget shows he wants more of the same government spending that is already sending prices through the roof.
Inspiring support for Ukrainian freedom is undermined by the remainder of the president’s agenda.
But Washington just keeps hitting the snooze button.
Using "we" implies a collective responsibility, creates the false impression that most people are on board, and hints that we'll share equally in the benefits.
A one percentage point increase in interest rates translates into a $30 trillion increase in interest costs on the national debt.
Habitual debt busts are one Latin American export that is better left on the dock.
Plus: the unintended consequences of mandating COVID vaccines for students
Democrats want to raise the debt ceiling, while Republicans occasionally remember they're against big government spending.
The federal health care program is on track for a trust fund shortfall in just five years. But instead of paying for the program that exists, Democrats want to expand it.
As inflation increases, we need a low-debt environment.
The U.S. national debt held by the public is currently almost $22 trillion, surpassing the country's annual GDP for the first time since World War II.
Plus: The growing trust gap, pandemic-low unemployment numbers, and more...
We don't have a gridlock problem. We have a spending problem.
A new study finds that as the government expands, the private sector shrinks.
The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests.
Many Democrats and Republicans act like spending isn't an issue. Here's why they're wrong.
Maybe drawings can deter elected officials from their outrageous spending habits where detailed reports have failed to attract their attention.
The White House is proposing an 8.4 percent boost in discretionary spending, which comes on top of Biden's $1.9 trillion pandemic relief bill, and his proposed $2.3 trillion American Jobs Plan.
Fiscal hawks have been sounding the alarm about rising debt levels for decades, but their nightmare scenario of runaway inflation hasn't come to pass. How do we know if this time is different?
Legislators view the disease as a license to spend like there’s no tomorrow.
We will likely grapple with the consequences of ill-advised COVID-19 policies for years to come.