The White House is proposing an 8.4 percent boost in discretionary spending, which comes on top of Biden's $1.9 trillion pandemic relief bill, and his proposed $2.3 trillion American Jobs Plan.
Legislators view the disease as a license to spend like there’s no tomorrow.
Biden's recovery plan is a poorly targeted effort that would make the economy worse off in the long run.
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
Research suggests reducing spending will boost consumption in the short- and long-run.
Even in a healthy economy, rising debt and deficits posed challenges. The current crisis has magnified those problems.
And more coronavirus stimulus spending could send that number soaring higher.
The Mercatus economist on why the private sector could provide the best response to the coronavirus, why the government should go big anyway, and how the current crisis could help America reinvent itself.
The Republican presidential candidate sells his fiscal conservatism to Trevor Noah.
A year after the tax law, growth is up but tax revenue is down.
Reason editors' best and worst moments of 2018, including the president's welcome and long-overdue drawdown from Afghanistan
He's made the party's economic agenda an extension of the culture wars.
The party's commitment to fiscal restraint and limited government have vanished
An autopsy for the brief limited-government era of conservatism that ended on Friday
The GOP would be on higher ground if it stood on principle for a tax code that treats everyone the same.
Its projection relies on giddy GDP growth estimates that few credible economists, liberal or conservative, take seriously.
National Endowment for the Arts
Nicholas Kristof conflates the fate of federal subsidies with the fate of the humanities.
National Endowment for the Arts
The former Arkansas governor argues that federal subsidies for the arts are "essential," because creativity.
Nick Gillespie, Katherine Mangu-Ward, and Matt Welch talk deficits, Chuck Berry, Gorsuch, and the Bezos bot.
Is the OMB's kill list a sign of fiscal seriousness or the opposite?
During PBS debate with Green Party candidate Jill Stein, the Libertarian candidate shows his fangs.
Remove the Libertarian and there goes fiscal sanity, federalism, and free speech.
JFK and the Reagan Revolution argues that America can return to prosperity by looking to the Kennedy-Reagan model of income tax cuts and a strong, stable dollar.
Congress pisses down our backs and tells us it's raining.
States must confront pension costs.
Reason's guide to whether any of the 2016 presidential hopefuls would actually cut government.
Good government measures can reduce unemployment during a recession.
Why do Lindsey Graham and John McCain think half a trillion dollars is not enough to defend the country?
California, New York, and New Jersey always rank near the bottom of these lists as intrusive, red tape-bound hellholes.
A look back on its development over the last five years.
Younger Americans are being suffocated by spending, subsidies, and debt
Another budget squabble not far away
If the "consent of the governed" is a sacred American principle, how does the government borrow money in our names and compel us to repay the debt?
If we're to get even close to balancing the books, "mandatory" spending is in for deep cuts.
Not because of toxic mortgages