Trump Promised To Lower Prices. Will Congress Help Him Deliver?
At the current rate of inflation, the dollar will lose 33 cents of purchasing power within a decade.
At the current rate of inflation, the dollar will lose 33 cents of purchasing power within a decade.
A useful example of how meaningful regulatory reform requires legislative action--and not just the passage of Congressional Review Act resolutions.
"If the Republican budget passes, the deficit gets worse, not better," says Rep. Thomas Massie. He's right.
The president is positioning himself to have much greater control over a smaller, enfeebled federal bureaucracy.
It tries to offset as much as $4.8 trillion—mostly for tax cut extensions—with only $1.5 trillion in supposed spending reductions.
His position is grounded in concerns about the separation of powers that presidents of both major parties have raised for many years.
Plus: A listener asks the editors to guess if the real reason Donald Trump is so passionate about tariffs is because he sees them as a deal-making tool rather than a purely economic instrument.
The federal leviathan can’t be dismantled by executive action alone. To truly cut spending and rein in the bureaucracy, the administration needs buy-in from the branch that built it.
Even if the Department of Government Efficiency eliminates all improper payments and fraud, we'll still be facing a debt explosion—which requires structural reform.
It's a good sign that the president is calling on critics of the federal government's lack of transparency to staff his administration.
The bill would permanently schedule fentanyl-related substances as Schedule I drugs—and impede therapeutic research.
Much cutting. Very waste. But the Department of Government Efficiency might not have the legal and budgetary chops to actually reduce spending.
Almost exactly one year after Congress swore off self-inflicted fiscal crises, we're back to the same tired theatrics.
Billions of dollars in government revenue is a no-brainer.
In four years, Biden issued regulations costing an estimated $1.8 trillion, by far the highest total in American history.
A law passed in 2022 requires the president to give Congress a "substantive rationale" for removing inspectors general. Trump has not done that.
Not doing so could be harmful for just about everyone.
They are allied countries with which the U.S. has a trade deal (a deal negotiated by Trump, no less), but presidential emergency powers are nearly limitless.
New historical evidence on the ERA's invalidity.
Biden’s preemptive pardons and Trump’s blanket relief for Capitol rioters both set dangerous precedents.
The popular video app restored service in the U.S. after President-elect Donald Trump promised to postpone a federal ban.
Riley's murder was an atrocity. But the law bearing her name is a grab bag of authoritarian policies that have little to do with her death.
With just hours to go before it is set to shut down, many senators and representatives are still posting on the app they claim is too dangerous for the rest of us to use.
"I cannot profess the kind of certainty I would like to have about the arguments and record before us," writes Justice Gorsuch.
The Supreme Court appears poised to uphold a ban on the app, but many creators aren't so sure.
The act doesn't target violent criminals and sex offenders, and is likely to harm innocent people and divert resources from genuine anti-crime efforts. It also makes it easier for state governments to try to impede legal immigration.
Plus: Evading congestion pricing, expelling Hondurans (and the U.S. military), and more...
After a delay, Johnson secured the slimmest of majorities.
The libertarian-adjacent congressman says he "definitely has no Fs to give now" and promises to vote against Mike Johnson.
The Caesar Act was meant to punish Bashar Assad’s government. It’s now a serious obstacle to Syria’s reconstruction.
The House Ethics Committee's findings, combined with Gaetz's lack of relevant experience, again raise the question of why Donald Trump picked him for attorney general.
The 81-year-old congresswoman has not voted since July, at which point she apparently moved into an eldercare facility.
Plus: Taking gerontocracy to new heights, a real life Arc Reactor, Happy Festivus, and more...
Plus: House Speaker Elon Musk, the value of the debt ceiling, and D.C.'s shut down specials.
Republicans should not give any more money to the Global Engagement Center.
Plus: A failed return to regular order, COVID-era spending scandals, and yet another city tries to shut down a local church's homeless shelter.
Part of the 1,500-page spending bill Congress is expected to pass this week would obligate federal taxpayers to fund the Key Bridge replacement.
The bill is meant as a first step toward repealing FOSTA, the 2018 law that amended Section 230 and criminalized hosting adult ads.
Plus: More funding for the "disinformation" censors, more fines for cashless businesses, the link between pandemic shutdowns and murder rates, and more...
What is paid out to Social Security beneficiaries is not a return on workers' investments. It's just a government expenditure, like any other.
The Social Security Fairness Act will boost payouts to public sector workers who receive pensions and did not pay taxes to support Social Security.
Plus: Israel in the Golan Heights, trouble in China's government, Whoopi Goldberg tries to explain health insurance, and more...
This week's House Budget Committee hearing showed bipartisan agreement about the seriousness of America's fiscal problems.
Gabriel Metcalf argues that his prosecution under the Gun-Free School Zones Act violated his constitutional right to keep and bear arms.
Trump's pick to run the FBI has a long list of enemies he plans to "come after," with the legal details to be determined later.
Here's how expiring tax cuts could affect you.
Trump is talking about cutting government spending, but that's mostly in Congress' hands.
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