McConnell Won't Block Debt Ceiling Increase, Says He Wants Democrats To 'Proudly Own It'
Plus: A Japanese billionaire will spend 12 days in space, Rep. Peter Meijer is resigned to a second political act for Donald Trump, and more...
National Debt
No, the United States Has Not Always Paid Its Debts
There are five instances of the Treasury defaulting on the debt.
40 Years of Trillion-Dollar Debt
Forty years from now, it'll be much, much, much higher.
Democrats Still Want to Spend Trillions. But They Don't Want To Raise Taxes To Do It.
Plus: In-N-Out fights San Francisco's vaccine mandate, the Vienna Tourism Board gets an OnlyFans, apes protest the DEA, and more...
Why Biden's $3.5 Trillion Spending Plan Would Be Worse for the Economy Than Manchin's $1.5 Trillion Proposal
Manchin's $1.5 trillion plan is still bigger than the Obama stimulus, and would be a major expansion of government's power to redistribute wealth.
Congress Raised the Debt Ceiling Again Without Doing Anything To Fix the $28 Trillion National Debt
Plus: Why "reforming" Section 230 makes little sense, the FDA finally admits vaping is safer than smoking, the U.S. will reopen its land borders with Canada and Mexico, and more...
The Hidden History of the Trillion Dollar Coin
Friday A/V Club: In 1992, it was a paramilitary America Firster who wanted to #MintTheCoin.
Joe Manchin Is Forcing Congress To Think About the Deficit. Good.
Among Americans who aren't liberal pundits, the debt and deficit rank as major concerns. It's about time Congress noticed.
Blame Both Parties if the Federal Government Shuts Down in December
Democrats want to raise the debt ceiling, while Republicans occasionally remember they're against big government spending.
We Will Keep Spending Trillions on the Afghanistan War Long After the Last Soldier Leaves
The final price tag could eventually exceed $6 trillion, and American taxpayers will be paying the tab when the 50th anniversary of 9/11 arrives.
The Bipartisan Infrastructure Bill Will Add More Than $250 Billion to the Deficit. Does Anyone Care?
A CBO report that might have sunk legislation in an earlier era was greeted with a bipartisan shrug.
U.S. Billionaire Wealth Would Fund Government For Just 6 Months
Mocking penis-shaped rockets is no substitute for holding the feds accountable for a looming fiscal crisis.
When Government Spending Hurts the Most Vulnerable
As inflation increases, we need a low-debt environment.
Economist John Cochrane Is Still Worried About the Debt
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.
The Bipartisan Infrastructure Bill Shows That Republicans Love Big Government Just as Much as Democrats
We don't have a gridlock problem. We have a spending problem.
The Bill Will Come Due on Biden's Trillions
Biden's infrastructure package is really a jackpot for public unions and big business.
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.
Many Politicians Claim That Increased Spending Sparks Economic Growth. Here's Why That's Misleading.
A new study finds that as the government expands, the private sector shrinks.
Biden's Astronomical Budget Proposal Even Has Some Democrats Worried
The spending plan demonstrates an unwillingness to govern and a preference for pandering to special interests.
Yes, the National Debt Matters
Many Democrats and Republicans act like spending isn't an issue. Here's why they're wrong.
Looming Budget Catastrophe in Pictures So Simple Even Congress Can Understand
Maybe drawings can deter elected officials from their outrageous spending habits where detailed reports have failed to attract their attention.
Biden's $1.5 Trillion Budget Request Would Fund All Nails Needed for the Coffin of Fiscal Restraint
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.
Does National Debt Still Matter? America's Greatest Gamble
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?
Congress Uses COVID-19 As a Cover for an Epidemic of Fiscal Recklessness
Legislators view the disease as a license to spend like there’s no tomorrow.
Beware the COVID-19 Debt Hangover
Biden's proposed stimulus spending might give a modest boost, but in the long run it'll slow the economy.
The Next COVID Stimulus Bill Could Cost Trillions of Dollars or Might Not Happen at All
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
Congress Continues to Spend Delusional Amounts of Money
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
America's Debt Will be Twice the Size of the Economy by 2050
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
Joe Biden's Proposed Budget Would Hike Spending, Raise Taxes, and Further Inflate the National Debt
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.
America's National Debt Will Be Larger Than the Economy Next Year
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.
Want To Boost Economic Growth? Tell Government To Spend Less
Research suggests reducing spending will boost consumption in the short- and long-run.
Trump's Executive Disorder
The next Democratic president will be all too happy to govern by pen and phone too, say the Reason Roundtable podcasters.
Rand Paul on Republican Plans for Another Coronavirus Stimulus Bill: 'They Simply Don't Care About the Debt'
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.
The Next Stimulus: Infrastructure Week, Another Rural Broadband Boondoggle, and Maybe a Sports Bailout?
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.
Budget Deficit Now Expected To Near $4 Trillion This Year
And more coronavirus stimulus spending could send that number soaring higher.
Coronavirus Is Going To Be Expensive. Too Bad the Government Is Already in Massive Debt.
Having failed to be fiscally responsible when it would have been relatively easier, our elected officials will now likely hike spending even further.
Trump's Proposed Cuts to Farm Subsidies Don't Go Nearly Deep Enough
Instead of taking a little off the top, Trump needs to give farm subsidies a buzz cut.
Despite $4.4 Trillion in Spending Cuts, Trump's Budget Won't Balance Until 2035
And whether it balances at all depends on some creative accounting. Meanwhile, it proposes $2 billion in new spending on the border wall.
Buttigieg Makes the Democratic Case for Cutting Debt
Plus: Josh Hawley's latest terrible idea, sex work divides NOW, Gary Johnson's 2020 endorsement, and more...
The 2020s Will Be the Decade of Deficit Doomsday
America will have to pay for its spending spree and its wars.
Poll: Federal Budget Deficit Is a Bigger Problem Than Climate Change, Racism, and Terrorism
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.
America's Forgotten Debt
Neither party is serious about reining in spending. This is unsustainable.
Federal Deficit Hit $984 Billion Last Year—a Nearly 50 Percent Increase Since Trump Took Office
In three years in office, Trump has added more to the national debt than President George W. Bush did in his entire two terms.
The Democratic Debates So Far: Nearly 300 Questions, but None About the National Debt
Will tonight be any different or more of the same?
Joe Walsh Isn't Running on the Issues
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.
Washington's Recent Fiscal Recklessness Will Look Even Worse if America Is Heading Into a Recession
Plus: Fashion versus the police state, a truce in the Kansas-Missouri border war, and more....
