The Insanity of Trump's Big Beautiful Bill
Plus: Trump's E.U. trade deadline, masked ICE agents, and Elon Musk's third party
Government Spending
The Texas Floods Were a Natural Disaster, Not a Policy Disaster
There's no evidence that cuts to the National Weather Service impacted the response to the weekend's tragic flash floods.
The Department of Education Is in Limbo. Let's Kill It.
Congress should now turn its attention to abolishing the unnecessary federal education bureaucracy.
The Fourth of July Is a Celebration of Freedom—From Government
The belief that limited government best protects individual rights turned out to be America’s secret sauce.
The $4 Trillion 'Big, Beautiful Bill' Breaks the Bank and Violates Congress' Own Budget Rules
This is what Washington calls compromise: The House proposes $1, the Senate proposes $2, and somehow, the government ends up spending $3.
Add It to the Tab
Plus: Trade deal with Vietnam, Romanian right-wing presidential candidate sent to trial, and more...
The 'Big, Beautiful Bill' Keeps Most of Joe Biden's Energy Subsidies
While the bill may terminate subsidies for electric vehicles and energy efficiency, it falls short of fully eliminating government intervention in the energy sector.
Republican Holdouts
Plus: Zohran Mamdani doesn't understand what New York's families need, Lia Thomas titles revoked, and more...
Why the 'Current Policy' Baseline Is a Massive Gimmick That Effectively Kills the Filibuster
Republicans are creating a budgetary loophole that will allow Democrats to pass Medicare for All and pretend it costs almost nothing.
America Party
Plus: What the socialists don't understand about childcare, the current state of Iran's nuclear capabilities, and more...
Did NYC Vote for Socialism or Against the Establishment?
Plus: Senate GOP releases version of “Big Beautiful Bill” and Republicans shift on gay marriage
Senate's Tax Bill Will Add $270 Billion to the Deficit Next Year, Despite Gimmicks
The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.
Big, Beautiful Bill Finds Its Opponents
Plus: The anti-socialist moment, muscle-building drugs counteract Ozempic, arsony gunman in Idaho, and more...
Social Security and Medicare Are Racing Toward Drastic Cuts—Yet Lawmakers Refuse To Act
Other countries have taken meaningful steps to address similar challenges. The U.S. has done nothing.
Why Do Republicans Support the Low-Income Housing Tax Credit?
Publicly funded homes in some cities are costing taxpayers more than $1 million per unit, but Trump’s “big, beautiful bill” would increase funding for these inefficient projects.
Obama Adviser Jason Furman on Biden, Neoliberalism, and Keynesian Economics
"I would love an intellectual ecosystem in economics that was more ideologically balanced than what we have now," the Harvard professor tells Reason.
We're 8 Years Away From an Automatic 23 Percent Cut in Social Security Payouts
Social Security’s board of trustees expects the program to be insolvent in eight years.
The F-35 Ages Worse Than the Planes It's Meant To Replace
House Republicans' budget would spend billions of dollars on the F-35's successor before the current model is even up to par.
Parades Are Great, but We Shouldn't Venerate the Military
America’s founders were deeply suspicious of a standing army.
Trump's 'Big, Beautiful' Military Parade Is a Big, Ugly Waste of Millions of Dollars
Most Americans, it turns out, do not think it is a good use of taxpayer money, according to a recent poll.
Extending the Trump Tax Cuts Is a Good Idea. But It Won't Deliver 'Big, Beautiful' Economic Growth.
The budget legislation is full of other expensive provisions that will add trillions to our sky-high national debt.
Trump's 'Big Beautiful Bill' Would Boost Subsidies for Rich Farmers
Subsidies inherently skew the market, and farm subsidies are no different.
Tax Comparisons Show 'Free' Stuff is Very Expensive
And the stuff you get is of the government’s choosing—not yours.
Here Are 3 Reasons Why the 'Big Beautiful Bill' Won't Generate 3 Percent Growth
The White House is promising higher growth, but tariffs, borrowing, and rising interest rates will be a drag on those expectations.
Put the Libertarians Back in Charge
The libertarians aren't in charge. But the lesson of the last decade of politics is that they should be.
The 5 Worst Green Energy Projects Funded by Biden
From financing eminent domain abuses in Tennessee to climate-friendly ketchup, the Biden administration approved billions of dollars in wasteful spending.
Why Can't Elon Musk and Donald Trump Both Win?
In a petty, public war of words, Trump threatens to cut off federal support to Musk's companies after the billionaire attacked his deficit-busting budget bill.
Another Divorce for Trump
Plus: A cynical take on Zohran Mamdani, Florida's drinking water threatened, and more...
What Ronald Reagan's Fusionist Politics Teach Us About Liberty, Virtue, and Their Limits
Fusionism holds that virtue and liberty are mutually reinforcing, and that neither is possible in any lasting or meaningful way without the other.
The 'Big Beautiful Bill' Will Add $2.4 Trillion to the Deficit
That total will rise to about $3 trillion once the interest costs of more borrowing are included.
Belated Republican Objections to the One Big Beautiful Bill Glide Over Its Blatant Fiscal Irresponsibility
House members who discovered objectionable elements only after voting for the package nevertheless underline the unseemly haste of the legislative process.
It's Rand Paul and Elon Musk vs. Donald Trump Over the 'Big Beautiful Bill'
Paul said he refuses to support "maintaining Biden spending levels," and Musk said the Trump-backed tax bill is "a disgusting abomination."
Trump Cut Funds From Wasteful Projects To Spend on Wasteful Statue Garden
Even when the administration has cut from seemingly obvious sources, Trump has redirected federal spending toward sources closer to his heart.
The Gutting of the National Park Service
Plus: An attack on pro-Israel protesters in Colorado, a conservative wins Poland's presidential elections, and more...
DOGE's Newly Listed 'Regulatory Savings' for Businesses Have Nothing to Do With Cutting Federal Spending
DOGE says regulatory changes will save $29.4 billion, but that does not amount to a reduction in government outlays, the initiative's ostensible target.
David Stockman: Trump Is a 'Faker' on the Debt
Reagan's budget chief warns that the One Big Beautiful Bill Act could balloon the national debt to $60 trillion, risking a catastrophic bond market crisis.
Elon Musk Is Right. The 'Big Beautiful Bill' Is a Bad Deal.
Musk's opinion about the bill matters, since he is one of the few people in conservative politics who can get away with defying Trump.
The Pentagon Is Getting $150 Billion From the 'Big Beautiful Bill'
Giving the Defense Department even more taxpayer money is a recipe for waste, not security.
Harvard's Best Protection Is To Get Off the Federal Teat
It's the best shield when the executive branch tries to strong-arm private universities.
How Does the National Debt Affect You? A Budget Expert Explains.
Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.
Competition Improves Services. So Why Not Apply That to Schools?
Government schools now spend about $20,000 per student.
3 Terrible Companies To Lose $5 Billion in Federal Green Energy Loans
One of the recipients has filed for bankruptcy after allegedly scamming elderly clients.
Not Even the Moody's Downgrade Can Make Republicans Take the National Debt Seriously
Friday's announcement by Moody's and the House Budget Committee vote could have been a turning point.
Eisenhower Warned Us About the 'Scientific Elite'
The Trump administration's plans to slash science funding could end up liberating researchers from the corrupting influence Dwight Eisenhower warned about.
Biden's Cancer
Plus: That big, beautiful bill; Romanian election results; China's pivot to nuclear; and more...
Republican Reconciliation Package Will Lead to $3 Trillion Annual Deficits
A new analysis from the Committee for a Responsible Federal Budget estimates that the national debt will equal nearly 130 percent of GDP by 2034.
