CBO: Biden's 'Build Back Better' Plan Will Add $367 Billion to the Deficit
The Congressional Budget Office's analysis of the bill is unlikely to prevent its passage through the House. A vote could happen later tonight.
The Congressional Budget Office's analysis of the bill is unlikely to prevent its passage through the House. A vote could happen later tonight.
Rep. Nancy Mace is touting "a framework which allows states to make their own decisions on cannabis."
The proposed vaping tax has caused a third Democrat to join Sens. Joe Manchin and Kyrsten Sinema in opposing the bill.
The latest bill to “fight big tech” could turn your online experience into a miserable slog.
Plus: Moderna claims full credit for vaccines, 19 percent of university job openings require DEI statements, and more...
The one thing that would most help increase efficiency at America's lagging ports is also the one thing that Biden's union allies dislike the most.
It's one of the most expensive legislative packages in American history, but the $1.2 trillion bill will end up doing far less than it otherwise could have.
We can't afford to keep funding defense contractors' cost overruns.
Removing the cap on the state and local tax deduction would be a massive tax break for wealthy Americans who choose to live in high-tax states.
"I'm open to supporting a final bill that helps move our country forward, but I'm equally open to voting against a bill that hurts our country," Manchin says.
Careful, thoughtful policy making is not ruling the day.
Plus: Facebook rebrands, McDonald's hikes menu prices, and more...
Plus: Six Flags arbitrage, Tom Cotton misleads about qualified immunity, and more...
Plus: RIP to political humorist Mort Sahl, a look at which households pay the largest share of sin taxes, and more....
Legislating with budget gimmicks is shameful, timid, risky, and opportunistic. Mostly, though, it's really expensive.
Amazon promotes products that mimic its competition? Welcome to more than a century of American retail practices.
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.
One of the big losers in the Illinois redistricting plan is Rep. Adam Kinzinger, a moderate Republican who voted to impeach Trump.
Congress prepares to assert its investigative authority.
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...
Rather than fighting for power, Americans should ignore each other and go about their lives.
The Senate's leading progressive seems to misunderstand the basic math of American democracy.
Plus: California can't limit private prisons, Yellen dismisses bank privacy concerns, and more...
"We don't actually do finsta," Antigone Davis, Facebook's head of security, explained.
Among Americans who aren't liberal pundits, the debt and deficit rank as major concerns. It's about time Congress noticed.
Repealing the cap on the SALT deduction would overwhelmingly benefit the wealthiest households in America.
Democrats are now relying on the same "dynamic scoring" technique they've previously criticized.
There’s no clean way this applies to the pandemic.
Why is registration for involuntary servitude still a thing?
With minimal debate, Selective Service was doubled in a "must-pass" $778 billion defense bill.
The Keeping Renters Safe Act would give bureaucrats a blank check to ban evictions during future outbreaks.
We’re on our way to having to ask for permission to go about our daily lives.
The problem isn’t the GOP or Senate rules. It’s that Democrats can’t agree amongst themselves.
Biden's plan will raise taxes on individuals earning as little as $30,000 annually by 2027, but that's just a trick to make the overall cost of the bill look lower than it really is.
A new analysis projects that private capital, wages, and America's GDP will fall over the next three decades if Congress passes the $3.5 trillion reconciliation package. But at least government debt will grow!
Plus: Vaccine mandates are popular, Texas versus free speech, and more...
The presidency has always been inclined to unilateral power—and many Americans like it that way.
Plus: Steven Horwitz's economic theories, Hawaii cops sued over fatal shooting, and more...
To spend a lot of money, or to spend a lot more money? That is the question.
People who checked the "Some Other Race" or racial combination census boxes are now America's second largest ethnic group.
The When Rabbis Bless Congress author and C-SPAN honcho on a weird political tradition and the glorious death of legacy media
Cryptocurrency advocates fight back against major government overreach.
A CBO report that might have sunk legislation in an earlier era was greeted with a bipartisan shrug.
For now, the side that wants less cryptocurrency regulation and taxation lost.
It may look like Congress is reclaiming its constitutional war powers, but the president still has plenty of ways to justify his military actions.
Washington isn’t helping, so let states take the lead.
Plus: California's new pork regulations, Florida's COVID-19 boom, and more...
Plus: The FBI had at least a dozen informants helping put together the plot to kidnap Michigan's governor, price controls fail again, and more.
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