The Air Force's New Nuclear Missile System Will Now Cost $131.5 Billion
It's just one reason the program should likely be terminated altogether.
It's just one reason the program should likely be terminated altogether.
The Senate's $95 billion aid bill would only throw more good money after bad.
It’s true that the U.S. pays too much of the continent’s defense bills even as it’s going broke.
Survey finds growing acceptance of civilian firearms among the country’s population.
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
Section 702 will continue until April, when Congress will have another shot at seriously reforming a program that desperately needs it.
Plus: Elon Musk's mom tells off the FCC, A24 tackles civil war, Nate Silver talks F.A. Hayek, and more...
Though federal law has required annual financial reports, the Department of Defense simply did not complete them until 2018. It has since failed each year.
In the last 50 years, when the budget process has been in place, Congress has managed only four times to pass a budget on time.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
Terrorism does not thrive on peace and normalcy. It thrives on war and chaos and overbroad revenge projects.
Plus: Chaos in Congress, and bums in the parks
Plus: Nonessential government programs (all of them?), AI firefighting, tech-world hit pieces, and more...
The U.S.-Bahraini security pact is the first step towards a future U.S.-Saudi “mega-deal.” Critics say it violates the U.S. Constitution and aids torturers.
Plus: Rupert Murdoch retires, Ibram X. Kendi blew through millions of dollars, and more…
Since Congress won't cut spending, an independent commission may be the only way to rein in the debt.
Plus: DeSantis' awkward pot situation, San Francisco's "overpaid executive" tax, and more…
Plus: A listener asks for the editors’ advice on how to spend his money.
America’s biggest fiscal challenge lies in the unchecked growth of federal health care and old-age entitlement programs.
Legislators abuse the emergency label to push through spending that would otherwise violate budget constraints.
The lack of oversight and the general absence of a long-term vision is creating inefficiency, waste, and red ink as far as the eye can see.
Should the U.S. continue to bankroll the counteroffensive?
Since Congress designed and implemented the last budget process in 1974, only on four occasions have all of the appropriations bills for discretionary spending been passed on time.
Washington is doing a poor job of monitoring whether the weapons it sends to Ukraine are ending up in the right hands.
Progressive Democrats' opposition to sending cluster bombs to Ukraine is welcome. Their arguments apply to much of the military aid the U.S. is sending the country.
Projections of huge savings are making the rounds. Nothing could be further from the truth.
Plus: SCOTUS won't hear Reddit sex trafficking case, debt deal would increase spending on SNAP benefits, and more...
Plus: Artificial intelligence and jobs, how government caused a lifeguard shortage, and more...
The deal will freeze non-military discretionary spending this year and allow a 1 percent increase in 2024.
The Pentagon’s “accounting error” will allow President Joe Biden to send an extra $3 billion in military aid to Ukraine without congressional approval. Was this deliberate?
That doesn't mean Russia is right. It means we're being honest about how much the U.S. is involved.
Does Ukraine face an existential risk? Does it matter?
If Republicans refuse to gore their three sacred cows, a new CBO report shows that balancing the budget is literally impossible.
There’s no vital U.S. interest served by this indefinite advise-and-assist mission in the region.
Plus: The National Endowment for Democracy ends funding of conservative media blacklist, the U.S. Supreme Court will hear major internet free speech case, and more...
Plus: Age verification for social media, a bill to ban cannabis "gatherings," and more...
Election betting markets are often more reliable than pundits. Did the site steal user funds? No. Did they lie to people? No. Harm anyone? No.
Plus: States move to curtail internet anonymity, Amsterdam cracks down on cannabis, sex, and booze, and more...
Legislators will increasingly argue over how to spend a diminishing discretionary budget while overall spending simultaneously explodes.
These days, he may run for president. His politics have changed.
After $67 billion and more than 20 years, the F-22 finally won a dogfight against an unarmed, nearly immobile opponent.
Plus: The editors consider the ongoing debt ceiling drama and answer a listener question about ending the war on drugs.
Sen. Rand Paul says Republicans "have to give up the sacred cow" of military spending in order to make a deal that will address the debt ceiling and balance the budget.
Social Security, Medicare, and Medicaid are still the chief drivers of our future debt. But Republicans aren't touching them.
The actual total is probably higher according to the Government Accountability Office's new report.
A Swedish company will soon be delivering electric single-person aircraft that can take off and land vertically, which the F-35B struggles with despite billions in funding.
For most aid critics, the urge to cut off Kyiv appears unconnected to any sort of principled realism, non-interventionism, or even isolationism.
No judge should have to fear for their lives as they defend the rule of law. But that doesn’t mean they can infringe on other civil liberties to protect their information.
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