What Would It Take for the Democrats To Really Be the Party of Opportunity?
Government should not penalize investment, thwart competition, discourage innovation and work, or obstruct production.
Deficits
Student Debt Forgiveness Folly
Plus: The editors field a listener question on abortion.
Emma Camp: Student Loan Forgiveness Is Bad News and Bad Policy
Assistant Editor Emma Camp unpacks how Biden's student loan forgiveness plan is deeply misguided.
A Few Ideas for the Better Government Americans Desperately Want
From cronyist subsidies to an unfair tax code, there are several key fixes Congress could make to better serve the public.
The Student Loan Forgiveness Fiasco
Plus: Spider study sheds light on how misinformation spreads, Airbnb regulation ruled unconstitutional, and more...
Biden's New Student Loan Forgiveness Plan Helps Mostly People Who Don't Need It
Biden's plan to forgive nearly $300 billion in student loan debt will disproportionately help affluent Americans.
Biden's Student Debt Relief Plan Will Worsen Inflation
"Student loan relief would lead some people to spend more," warns Obama economic advisor and Harvard economist Jason Furman
Biden Reportedly Set To Forgive $10K Student Debt for Americans Earning Over Six Figures
Unsurprisingly, wealthier Americans will be the prime beneficiaries of the White House's soon-to-be-announced student loan forgiveness scheme.
The Inflation Reduction Act Barely Puts a Dent in the Deficit
But it will raise taxes and sic thousands of new IRS agents on American households.
The Disappearing Differences Between Republicans and Democrats on Federal Family Spending
Many conservatives no longer appear to care much for fiscal conservatism.
The Inflation Reduction Act Won't Meaningfully Address the Budget Deficit
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?
Jon Stewart Accuses GOP of 'Cruelty' for Wanting Minor Amendments to Pricey Veterans' Bill
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.
Don't Cancel Student Debt
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.
The CHIPS Act Is Corporate Welfare Disguised as Industrial Policy
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.
Schumer, Manchin Strike Deal To Raise Taxes, Cut the Deficit, Spend Billions on Climate Change
The proposal reportedly hikes taxes by over $730 billion, with $300 billion of that money to be used for reducing the federal budget deficit.
Biden's Policies Have Increased, Not Reduced, Future Budget Deficits
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.
A Wonky Evisceration of Biden's Bad Deficit Math
Interest rates and servicing costs could push us into worrisome territory sooner than we think.
Why Biden's Claim of Cutting the Deficit Is False, in a Single Chart
...and why government spending is like an infestation of cicadas.
Why Everything About Politics Sucks, in 1 Chart
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.
Social Security Is Running Toward Insolvency
Despite a few encouraging analyses, the numbers just don't add up.
Biden Says the Deficit Is Falling. Actually, It's Rising.
Under Biden, Trump, and Obama, government federal spending almost doubled.
Biden's Plan for Reducing Inflation Will Actually Make It Worse
The president's argument is amazing for its tone-deafness, inconsistent thinking, and sheer economic ignorance.
New CBO Report Exposes Biden's Deficit-Reduction Misinformation
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.
Biden Brags About Falling Deficits, but the Federal Fiscal Situation Is Still 'Unsustainable'
Under current policies, Social Security and Medicare will consume 85 percent of all federal tax revenue by 2050.
Joe Biden's Phony Fiscal Responsibility
Biden gloats over a historically astronomical budget deficit as if he's accomplished something significant. He hasn't.
Don't Wait! The National Debt Is Only Getting Worse
New CBO report shows that the longer Congress waits to deal with the debt, the bigger the problem becomes.
Elizabeth Warren Wants Joe Biden To Deliver a Massive, Illegal Handout to the Well-Off
Student debt cancellation would disproportionately benefit college degree holders with higher earnings.
Biden Is Clueless About Inflation
The president's $5.8 trillion budget shows he wants more of the same government spending that is already sending prices through the roof.
Blame Insane Government Spending for Inflation
Some want to solve the problem with subsidies for gas, housing, child care, and more. That only risks greater stagnation.
Joe Manchin on Biden's Wealth Tax: 'You Can't Tax Something That's Not Earned.'
Joe Manchin keeps saying out loud the part that Joe Biden would rather keep quiet.
More Defense Spending Does Not Equal More Safety
Congress continues to allocate funds to produce weapons that the Pentagon itself says it doesn't need.
Congress Plans To Spend $1.5 Trillion This Year, Continues To Pretend the Deficit Doesn't Matter
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!
Biden Still Wants Government Interfering in All Areas of Life
Inspiring support for Ukrainian freedom is undermined by the remainder of the president’s agenda.
Our Insane Government Spending Will Hurt Our Response to Ukraine
We must face the reality that the debt does matter.
The Stossel State of the Union
"If I do my job right, you should barely know I'm here."
Hey, Nancy Pelosi: 'National Debt Should Be a Top Priority'
A bipartisan group of lawmakers are calling for two deficit reduction ideas to be included in this year's federal budget bill.
Don't Blame 'Greedy Corporations' for Inflation. Blame the Government.
"Greed is constant. If it's greed, how do we explain prices falling?"
America's $30 Trillion National Debt Should Be a Wake Up Call
But Washington just keeps hitting the snooze button.
'We' Didn't Increase the Debt. Politicians, Congress, and Bureaucrats Did.
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.
America's Huge Pile of National Debt Makes Combating Inflation More Difficult
A one percentage point increase in interest rates translates into a $30 trillion increase in interest costs on the national debt.
If We Don't Get Inflation Under Control, It Could Unleash Some Dramatic Consequences
America needs to get its fiscal house in order.
Without Budget Gimmicks, Biden's 'Build Back Better' Will Add $3 Trillion to the Deficit, CBO Says
Enough with the budget gimmicks. It's time for Democrats to admit that Biden's proposal is a long, long way from being fully paid for.
The Perverse Incentives of Puerto Rico's Debt Deal
Habitual debt busts are one Latin American export that is better left on the dock.
Biden's Build Back Better Act Will Likely Cost Twice as Much as the CBO Projects. Here's Why.
If all the Build Back Better plan's proposals were made permanent, the final price tag would be $4.8 trillion and the bill would add about $2.8 trillion to the deficit.
No, the United States Has Not Always Paid Its Debts
There are five instances of the Treasury defaulting on the debt.
Democrats' 'Build Back Better' Bill Is a Federal Power Grab. Americans Will Pay the Price.
The legislation will have a negative impact on the labor supply and send high prices soaring even higher.
