As the Court agrees to take up yet another case against the Education Department's loan forgiveness plan, Biden's goal of forgiving billions in student loans seems increasingly doomed.
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.
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.
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
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.
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.
Plus: Spider study sheds light on how misinformation spreads, Airbnb regulation ruled unconstitutional, and more...
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.
A new report from the Government Accountability Office found that the Federal Student Loan Program will cost over $300 billion more than originally predicted.
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.
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
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.
...and why government spending is like an infestation of cicadas.
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 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.
Biden gloats over a historically astronomical budget deficit as if he's accomplished something significant. He hasn't.
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.
The president's $5.8 trillion budget shows he wants more of the same government spending that is already sending prices through the roof.
Some want to solve the problem with subsidies for gas, housing, child care, and more. That only risks greater stagnation.
Joe Manchin keeps saying out loud the part that Joe Biden would rather keep quiet.
Congress continues to allocate funds to produce weapons that the Pentagon itself says it doesn't need.
