Editor at Large Matt Welch gives a reality check on the new IRS measures inside the Inflation Reduction Act.
Science Correspondent Ronald Bailey surveys the provisions within the recent Inflation Reduction Act aimed at curbing U.S. greenhouse gas emissions.
A 40 percent cut in U.S. greenhouse gas emissions by 2030 is possibly achievable.
Plus: The editors each analyze their biggest “I was wrong” moment from past work.
But it will hike taxes, including on Americans earning less than $200,000 annually.
And it also won't help us recover from the recession we're definitely not in.
How Many People Have To Be Assaulted or Killed Before Chuck Schumer Stops Resisting Marijuana Banking Reform?
The Senate majority leader has repeatedly blocked a bill that would address the robbery threat to state-licensed pot shops.
The proposal reportedly hikes taxes by over $730 billion, with $300 billion of that money to be used for reducing the federal budget deficit.
The Senate majority leader’s marijuana bill would pile on more taxes and regulations, despite years of complaints about the barriers they create.
First, undo government harm.
The Senate majority leader's 296-page bill would compound the barriers to successful legalization.
Congress Won't Legalize Pot Anytime Soon, but It Could Protect Marijuana Businesses by Passing Banking Reform
Chuck Schumer seems less interested in achieving cannabis reform than in making political hay from his inevitable failure.
Instead of building on Republican support for federalism, they seem determined to alienate potential allies.
Majority Leader Chuck Schumer worries that approving the SAFE Banking Act would make broader changes less likely.
Lawmakers packed $8 billion of pork into the omnibus bill that passed Congress last night.
An old strategy that’s worked for Democrats before may work again.
It Sure Looks Like Democrats Don't Have the Votes To Raise Enough Taxes To Pay for Their Massive Spending Bill
And it just might reduce the tax burden for the well-off in the short term.
That’s why its role in our lives should be reduced to the minimum.
Democrats want to raise the debt ceiling, while Republicans occasionally remember they're against big government spending.
The Senate majority leader's racial rhetoric and overly prescriptive approach make an already iffy effort even more quixotic.
A bipartisan bill aimed to help the U.S. “compete” with China would only slow down scientific progress.
The Senate’s Endless Frontier Act aims to spur innovation but leaves out immigration reform.
The state and local tax deduction overwhelmingly benefits rich households in high-tax states while shifting their federal tax burden to everyone else.
Effective climate adaptation depends upon effective price signals. So why is the Senate Majority Leader standing in the way?
Are Mitch McConnell's threats credible, or is he a paper tiger?
The senate majority leader is stymying long-needed increases in federal flood insurance rates.
A California rule and a bill approved by the House seem designed to chill freedom of speech and freedom of association.
Joe Biden, Senate Dems Want To Reduce the Number of Six-Figure Households Getting $1,400 'Relief' Checks. Progressives Are Furious.
Moderates and progressives are sparring over how much government assistance should go to upper-middle class families.
There are plausible arguments on both sides of the debate.
Abolishing the filibuster will make it even harder for the Senate to function.
In a Thursday afternoon announcement, Speaker of the House Nancy Pelosi (D–Calif.) said Trump committed "an act of sedition" by inciting a riot on Wednesday afternoon.
When one party controls both Congress and the White House, the result is never a reduction in the size or cost of government.
Pelosi and Schumer Agree to Bipartisan $900 Billion Coronavirus Relief Bill as McConnell Pushes for $500 Billion
The top Democrats originally supported a $2.2 trillion measure.
The restrictions imagined by Republicans in 2016 or by Democrats now are nothing but self-serving nonsense.
Democrats are proposing $3 trillion.
Senate Approves Fourth Round of Coronavirus Spending: $484 Billion for Small Businesses, Testing, Hospitals
The deal primarily sets aside $320 billion for the Paycheck Protection Program for small businesses.
The $349 billion loan program is meant to help small companies hit hard by social distancing.
Chuck Schumer's Trumpian Attack on the Supreme Court Threatens the Judicial Independence That Democrats Claim To Defend
The Senate minority leader threatened two justices by name, and then he lied about it.
Say hello to "Cash for Clunkers 2.0."
The president continues to move closer to Democratic proposals on infrastructure spending.
Until we fundamentally reframe the immigration debate in terms of human freedom rather than fear, we're not going to see real reform.
Democrats' response did produce some good memes.