Biden Promises To Let Social Security's Ship Keep Sinking
Biden vowed to block any attempts to cut Social Security benefits, and Republicans made it clear that they have little appetite to try it.
Biden vowed to block any attempts to cut Social Security benefits, and Republicans made it clear that they have little appetite to try it.
Plus: Court denies motion to suppress January 6 geofence warrant, Texas may ban some immigrants from buying property, and more...
After $67 billion and more than 20 years, the F-22 finally won a dogfight against an unarmed, nearly immobile opponent.
The Florida governor wants to fund more migrant stunts, despite claiming that his budget will “keep more money in the pockets of Floridians.”
If you look closely, you'll find a lot of contradictions.
Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
Plus: The editors consider the ongoing debt ceiling drama and answer a listener question about ending the war on drugs.
Sen. Rand Paul says Republicans "have to give up the sacred cow" of military spending in order to make a deal that will address the debt ceiling and balance the budget.
In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
Despite multiple warnings in the past, the Department of Labor has yet to implement a comprehensive strategy for detecting unemployment insurance fraud.
Social Security benefits will be cut automatically in less than a decade unless Congress shores up the program before it hits insolvency. Ignoring that is not a solution.
At least four different bills are before the General Assembly that would empower parents to use education funds in ways they see fit.
Social Security, Medicare, and Medicaid are still the chief drivers of our future debt. But Republicans aren't touching them.
The actual total is probably higher according to the Government Accountability Office's new report.
Despite what you may have heard, many "recyclables" sent to recycling plants are never recycled at all.
Taking stock of the utterly unserious fiscal policy discourse in Washington.
Getting rid of the much-despised tax agency would be a good idea. It’s unlikely to happen anytime soon.
While some Republicans may have had misguided motivations, a few disrupted McCarthy's campaign in order to enact fiscal restraint. Their colleagues were fine with business as usual.
Inflation fell to 6.5 percent in December, but new House rules ensure that Congress will have to consider the inflationary impact of future spending bills.
Plus: a lightning round recollection of comical political fabulists
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This week's Republican revolt against Kevin McCarthy is actually a rank-and-file revolt against the top-down process that both parties have used to control the House in recent years.
Despite $80 billion in new funding, the agency is living up to its reputation of hassling low-income taxpayers over rich people.
The paper attributes the fight over the election of the next House speaker to "anti-establishment fervor" and a lust for "personal power."
The Federal Communications Commission uses broadband coverage maps that are so severely flawed, states started shelling out to make their own.
For most aid critics, the urge to cut off Kyiv appears unconnected to any sort of principled realism, non-interventionism, or even isolationism.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.
The year’s highlights in buck passing feature petulant politicians, brazen bureaucrats, careless cops, loony lawyers, and junky journalists.
A rushed process once again created a bad result.
Although both bills have broad bipartisan support, they never got a vote in the Senate and were excluded from the omnibus spending bill.
The Congressional Budget Office projects that future deficits will explode. But there's a way out.
Transit officials and transit-boosting politicians in D.C., L.A., and New York City are warming to the idea of being totally dependent on taxpayer subsidies.
The bill also gives TSA employees the power to collectively bargain, which means more pay raises are likely in the future.
Plus: An attempt to criminalize porn, D.C. hopes making tourism more expensive will boost tourism, and more…
Congress' end-of-the-year omnibus bill was delayed by arguments over where to build the new facility.
"We can—and should—develop space without government help," says Reason Foundation's Robert W. Poole.
Plus: Title 42 order termination is on hold, the FTC vs. Meta, and more...
Plus: The editors extend the discussion on the lack of immigration reform in this week’s bill.
Plus: North Carolina strikes down voter ID law, more turmoil at Twitter, and more...
The government spent $501 billion in November but collected just $252 billion in revenue, meaning that about 50 cents of every dollar spent were borrowed.
Some people would benefit. Others would lose money or be rendered unemployable.
As the Court agrees to take up yet another case against the Education Department's loan forgiveness plan, Biden's goal of forgiving billions in student loans seems increasingly doomed.
Fintech platforms facilitated fraud in the Paycheck Protection Program, according to a new congressional report.
Putting the district's train system back on track will take more than better bureaucracy.
It's especially outrageous when considering the billions of dollars in fraud that took place thanks to COVID-19 relief programs.
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