The Insanity of Trump's Big Beautiful Bill
Plus: Trump's E.U. trade deadline, masked ICE agents, and Elon Musk's third party
Plus: Trump's E.U. trade deadline, masked ICE agents, and Elon Musk's third party
There's no evidence that cuts to the National Weather Service impacted the response to the weekend's tragic flash floods.
Congress should now turn its attention to abolishing the unnecessary federal education bureaucracy.
The belief that limited government best protects individual rights turned out to be America’s secret sauce.
This is what Washington calls compromise: The House proposes $1, the Senate proposes $2, and somehow, the government ends up spending $3.
Plus: Trade deal with Vietnam, Romanian right-wing presidential candidate sent to trial, and more...
While the bill may terminate subsidies for electric vehicles and energy efficiency, it falls short of fully eliminating government intervention in the energy sector.
Plus: Zohran Mamdani doesn't understand what New York's families need, Lia Thomas titles revoked, and more...
Republicans are creating a budgetary loophole that will allow Democrats to pass Medicare for All and pretend it costs almost nothing.
Plus: What the socialists don't understand about childcare, the current state of Iran's nuclear capabilities, and more...
Plus: Senate GOP releases version of “Big Beautiful Bill” and Republicans shift on gay marriage
The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.
Plus: The anti-socialist moment, muscle-building drugs counteract Ozempic, arsony gunman in Idaho, and more...
Other countries have taken meaningful steps to address similar challenges. The U.S. has done nothing.
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.
"I would love an intellectual ecosystem in economics that was more ideologically balanced than what we have now," the Harvard professor tells Reason.
Social Security’s board of trustees expects the program to be insolvent in eight years.
House Republicans' budget would spend billions of dollars on the F-35's successor before the current model is even up to par.
America’s founders were deeply suspicious of a standing army.
Most Americans, it turns out, do not think it is a good use of taxpayer money, according to a recent poll.
The budget legislation is full of other expensive provisions that will add trillions to our sky-high national debt.
Subsidies inherently skew the market, and farm subsidies are no different.
And the stuff you get is of the government’s choosing—not yours.
The White House is promising higher growth, but tariffs, borrowing, and rising interest rates will be a drag on those expectations.
The libertarians aren't in charge. But the lesson of the last decade of politics is that they should be.
From financing eminent domain abuses in Tennessee to climate-friendly ketchup, the Biden administration approved billions of dollars in wasteful spending.
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.
Plus: A cynical take on Zohran Mamdani, Florida's drinking water threatened, and more...
Fusionism holds that virtue and liberty are mutually reinforcing, and that neither is possible in any lasting or meaningful way without the other.
That total will rise to about $3 trillion once the interest costs of more borrowing are included.
House members who discovered objectionable elements only after voting for the package nevertheless underline the unseemly haste of the legislative process.
Paul said he refuses to support "maintaining Biden spending levels," and Musk said the Trump-backed tax bill is "a disgusting abomination."
Even when the administration has cut from seemingly obvious sources, Trump has redirected federal spending toward sources closer to his heart.
Plus: An attack on pro-Israel protesters in Colorado, a conservative wins Poland's presidential elections, and more...
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.
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.
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.
Giving the Defense Department even more taxpayer money is a recipe for waste, not security.
It's the best shield when the executive branch tries to strong-arm private universities.
Higher debt means lower wages, higher interest rates, and fewer opportunities, says Romina Boccia of the Cato Institute.
Government schools now spend about $20,000 per student.
One of the recipients has filed for bankruptcy after allegedly scamming elderly clients.
Friday's announcement by Moody's and the House Budget Committee vote could have been a turning point.
The Trump administration's plans to slash science funding could end up liberating researchers from the corrupting influence Dwight Eisenhower warned about.
Plus: That big, beautiful bill; Romanian election results; China's pivot to nuclear; and more...
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.
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