In 12 Years, This $40 Billion High-Speed Rail Line in Texas Has Not Laid a Single Foot of Track
The budget for the project has quadrupled, and private property owners have opposed the use of eminent domain along the proposed 240-mile route.
The budget for the project has quadrupled, and private property owners have opposed the use of eminent domain along the proposed 240-mile route.
Former Obama administration economic adviser Jason Furman explains why both major parties have abandoned economic reality in favor of political fantasy.
"Universities were bending over for federal funds long before Trump," writes Laura Kipnis.
Now the tell-all books are pouring in.
When the government picks energy winners, consumers lose.
How Sanctions Work argues the consequences of economic warfare don't always serve American interests.
Rep. Adam Smith (D–Wash.) thinks Democrats should return to their antiwar roots—and be open to negotiating with Russia.
The outgoing administration shoveled out loans for projects that private lenders wouldn't fund.
The government's demands would reduce competition and harm consumer welfare.
While overturning sentences through courts can take years, a grant of clemency is instantaneous.
The president is publicly taking a tough line on the Middle East—while privately supporting diplomacy.
Cuts to government spending mean fewer bonds, lower borrowing costs, and potentially a break for borrowers.
Federal Trade Commission Chair Andrew Ferguson reaffirms the flawed 2023 merger guidelines.
While the U.S. publicly insisted on an “open door” policy, Zelenskyy says he was privately told that Ukraine couldn’t join NATO.
To understand the federal government's case against Google Search, you need to understand the different visions over monopoly and government power.
Fogel's story closely mirrored that of Brittney Griner's. But he did not receive the same urgency from the Biden administration, even though he was arrested six months prior.
In four years, Biden issued regulations costing an estimated $1.8 trillion, by far the highest total in American history.
Antitrust scrutiny of startup acquisitions led to fewer deals and less venture capital funding.
Biden's FDA pushed a prohibition that disproportionately targeted marginalized communities. Trump's reversal may mark a shift toward smarter drug policy.
Though he promised to lower costs on Day 1, Trump remains just as beholden to the laws of supply and demand as his predecessor.
Trump wants Arab countries to take in Gaza’s population. The Biden administration already tried, and failed, to bribe and cajole Egypt into doing so.
New historical evidence on the ERA's invalidity.
Biden’s preemptive pardons and Trump’s blanket relief for Capitol rioters both set dangerous precedents.
Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.
The popular video app restored service in the U.S. after President-elect Donald Trump promised to postpone a federal ban.
Even if the Trump administration quickly undoes it, it’s a precedent for future administrations.
Biden announced today that the Equal Rights Amendment is the "law of the land," but the Justice Department and the national archivist disagree.
A deeply mistaken decision on the way out of office.
The president's record-shattering clemency actions help ameliorate the damage caused by the draconian drug policies he supported for most of his political career.
Why should an unpopular president shape so much policy on his way out?
The president opposes the tech "oligarchy" because it has stopped listening to him.
For all the excitement about the incoming administration and a return to the 2019 economy, market stability rests on the precarious assumption that the government will eventually put its fiscal house in order.
The same ceasefire agreement was almost signed in May 2024. Instead, the pointless violence continued for several more months—at Americans’ expense.
Plus: Who's on deck for the next round of confirmation hearings, Trump wants to create a second IRS, Cuba is no longer doing terrorism, and more...
A New York Times essay helps illustrate why the surgeon general's new report on alcohol and cancer leaves out crucial context and nuance.
The outgoing president's signature legislative achievements spent tens of billions of dollars with little to show.
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
Refugee resettlements last year hit a 30-year high, but that progress is fragile.
It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.
Trump was considered reckless for wanting to start a war at the end of his term. Now, Biden is doing the same.
It was the greatest cover up of presidential ability since FDR.
There's a good reason Biden eventually stopped saying Bidenomics. Americans didn't like the results of his economic policies.
Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.
Despite the wasteful spending, E.V.s remain unpopular with large portions of the country.
The Caesar Act was meant to punish Bashar Assad’s government. It’s now a serious obstacle to Syria’s reconstruction.
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