Democrats Are Considering a $6 Trillion Infrastructure Plan That Has Little to Do With Infrastructure
For many elected Democrats, infrastructure is much more than roads, bridges, dams, and waterways.
For many elected Democrats, infrastructure is much more than roads, bridges, dams, and waterways.
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.
Biden's proposed stimulus spending might give a modest boost, but in the long run it'll slow the economy.
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
Biden is proposing about $3 trillion in new taxes, mostly on the rich, to pay for up to $11 trillion in new spending. That's a recipe for even bigger budget deficits.
The Congressional Budget Office says the deficit will hit $3.3 trillion this year. The national debt will exceed the size of America's gross domestic product for the first time since the end of World War II.
Research suggests reducing spending will boost consumption in the short- and long-run.
The next Democratic president will be all too happy to govern by pen and phone too, say the Reason Roundtable podcasters.
Congress is currently debating what should be included in the next trillion-dollar (and counting) stimulus bill, but nothing is likely to pass this week.
It's obvious that there will be more government spending in response to the coronavirus, but distinguishing the essential from the nice-to-have is more important than ever.
And more coronavirus stimulus spending could send that number soaring higher.
Having failed to be fiscally responsible when it would have been relatively easier, our elected officials will now likely hike spending even further.
Instead of taking a little off the top, Trump needs to give farm subsidies a buzz cut.
And whether it balances at all depends on some creative accounting. Meanwhile, it proposes $2 billion in new spending on the border wall.
Plus: Josh Hawley's latest terrible idea, sex work divides NOW, Gary Johnson's 2020 endorsement, and more...
America will have to pay for its spending spree and its wars.
The problem, as always, is that voters are likely to say they want Congress to balance the budget, but are less likely to back any specific ideas for doing so.
Neither party is serious about reining in spending. This is unsustainable.
In three years in office, Trump has added more to the national debt than President George W. Bush did in his entire two terms.
Will tonight be any different or more of the same?
The conservative radio host says he is running for president because Trump is “erratic" and "cruel." But Walsh has his own history to live down.
Plus: Fashion versus the police state, a truce in the Kansas-Missouri border war, and more....
The $866 billion budget gap so far this fiscal year represents a 27 percent increase over the same period last year.
The idea that "deficits don't matter" has been growing among Trump-supporting Republicans. Democrats are preparing to take full advantage.
CNN doesn't think Americans deserve to hear potential presidents asked about the national debt.
Members of Congress are well aware of the looming threat of the $22 trillion (and growing) national debt, but seem incapable of doing anything except making it worse.
The House Freedom Caucus could reverse its trend towards irrelevancy by successfully swaying Trump to turn against the new budget deal.
If President Donald Trump signs the deal into law, he will have authorized a 22 percent increase in federal discretionary spending during his first term in office.
The federal government will spend $57 trillion over the next 10 years and run an $11 trillion deficit. But cutting spending by $150 billion is too much to ask?
The pundit heavily criticized President Obama for excessive spending. Now he says it doesn't matter.
The national debt will hit 140 percent of GDP before the end of the 2040s, and that's the optimistic scenario.
"Show me the majority for cutting spending," he says.
Paul's proposal to cut 2 percent from the federal budget for the next five years was predictably opposed by both Democrats and most Republicans
What's the point of a "limited government" bloc that doesn't limit government?
America will face "serious economic, security, and social challenges" if the national debt keeps growing at this rate.
A new record, but one that won't stand for long.
From OMB head Mick Mulvaney to former Treasury Secretary Larry Summers, nobody cares about spending money we don't have on things we don't need. Big mistake.
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