Just days after the latest CBO projections showed the deficit getting worse, Congress signs off on another bi-partisan spending increase.
The economy might be humming but when are we going to have to, you know, pay for the party already?
Plan would extend last year's tax cuts past 2025, but spending cuts are still missing.
One of the most lasting consequences of the Trump years will be Republicans' complete abdication of fiscal responsibility.
New CBO analysis shows debt could exceed 200 percent (!!!) of GDP by mid-century without changes.
GOP legislators released their "Tax Reform 2.0" proposal, which aims to make last year's tax cuts permanent, adding trillions to the $21 trillion debt.
The granting or withholding of that approval is a powerful lever over our lives.
The Reason Podcast crew covers deficits, tariffs, Russians, gender, and more.
Trump adviser Larry Kudlow says the tax law will bring the deficit down. An administration report shows that's not right.
Of course, June's deficit represents just a small fraction of our overall national debt.
Federal debt now equals 78 percent of gross domestic product.
The island's population has fallen dramatically even as Spanish speakers from other nations are desperate for a new home.
Entitlement spending, health care costs, and the GOP tax legislation will drive up the debt.
President Donald Trump's rescission bill actually cuts just $57 million from current year spending. So that oughta solve the fiscal crisis.
Medicare will run dry even sooner. Do you trust anyone in Washington to solve this problem?
The really scary thing is that even the CBO's more accurate assessment is also based on unlikely assumptions.
Even the suggestion that defense spending could be cut is enough to scare most Republicans away from a facing fiscal reality.
Do Republicans have the guts to impose strict spending caps?
It doesn't matter if those to whom you sell goods or labor are not the same as those from whom you buy these things. The same goes for America.
Thursday's vote is an empty gesture. Worse, it's a hypocritical one.
It's time to wise up and start curtailing America's mounting debt.
As Paul Ryan exits, a new CBO report confirms the extent of the GOP's damage to the nation's budget.
The president wants his border wall funding.
The spending bill is a product of a broken, secretive, centralized legislative process.
Four out of five voters agree that Washington has a spending problem, but a new omnibus spending bill will add yet more to the national debt.
Given the state of the modern GOP, that's a very big "if." But the senator is trying for a vote again this week.
And the biggest liabilities don't even appear on the official balance sheet.
The era of big government is far from over.
The administration's spending blueprint continues the fiscal decline that began during the Bush era.
I helped make the grassroots activist movement a reality. But now the party's over.
Here are the moments when Republicans, including professed deficit hawks, snuffed out the 2009-2014 flicker of budgetary sanity
As we prepare for a new "era of limits," Democrats may need to reclaim their party's forgotten history of rolling back government.
The GOP leadership cheers on a bipartisan spending spree.
Both parties agree on more spending and bigger deficits.
The feds can't pass a budget or do much very well, yet a record level of Americans want it more involved in our lives. That's not as crazy as it seems.
Reason editors debate The Memo, situational libertarianism, Super Bowl highlights, and the political road back to fiscal sanity.
Abraham Lincoln couldn't have dreamed that 21st-century Americans would still be paying for pensions created under him.
If a Republican president can't address a Republican-controlled Congress without paying lip service to the idea of cutting spending, what good are Republicans?
Republicans will regret this the next time a budget-busting Democratic proposal comes along.
Fiscal hawks, from their perch in the wilderness, predict we may again see 13-digit deficits as soon as next year
Libertarian Republican congressman admits that an already-worrisome debt will increase, and that the Senate may well disregard the House's framework, but "just because my colleagues don't believe that we have to cut spending doesn't mean I can't vote to cut taxes"
Senate version shies away from mortgage-interest cap, which will likely make fiscal hawks even more anxious.
James Lankford's "I am a no" makes at least three GOP senators who worry that the debt/deficit math doesn't add up
Despite big promises, it fails in its primary mission: paying for the actual cost of government
After all that fuss from 2009 onward, Rand Paul is the last Republican left objecting to the continued growth of government.
