Politicians Continue To Make a Mockery of 'Emergency Spending'
Legislators abuse the emergency label to push through spending that would otherwise violate budget constraints.
Government Spending
Nikki Haley Burned Trump and Her Fellow Republicans for Blowing Up the Debt. She's Right.
"Donald Trump added $8 trillion to our debt," Haley said during the opening moments of Wednesday's first Republican primary debate.
China's Industrial Policy Is Failing. Will American Politicians Take Notice?
Panic over China's rapid economic growth has fueled all manner of big-government proposals. They're looking even more foolish now.
The Government Has Made College an Overpriced Scam
Thankfully, you don't need fancy dining halls or a college degree to have a good life or get a good job.
Down 136,000 Students in Just Four Years, New York City's Public Schools Manage To Spend Billions More
Look for these budgetary swindles at a failing K-12 system near you.
The U.S. Government's Bad Credit Means Higher Costs for Us All
Federal officials ignore repeated warnings, and we all pay the price.
Federal Court Blocks $20 Billion in Student Loan Forgiveness
The injunction is the latest in a series of setbacks for the Biden administration's loan forgiveness agenda.
The U.S. Credit Rating Just Dropped. It's Time for Radical Budget Reform.
The lack of oversight and the general absence of a long-term vision is creating inefficiency, waste, and red ink as far as the eye can see.
Yellow Corporation To Close, Lay Off 30,000 Employees, and Likely Default on $700 Million Pandemic Aid Loan
The company blames much of its problems on the Teamsters trucking union's "intransigence," while the Teamsters say Yellow is delinquent on benefit payments.
Ukraine's Sluggish Counteroffensive Raises Questions About U.S. Support
Should the U.S. continue to bankroll the counteroffensive?
Is the Budget Process Broken, or Is Congress Just Refusing To Do Its Job?
Since Congress designed and implemented the last budget process in 1974, only on four occasions have all of the appropriations bills for discretionary spending been passed on time.
U.S. Credit Rating Downgrade Is a Sign of Government Dysfunction
The national debt has ballooned from $14 trillion to $32 trillion in a little over a decade.
Americans Love NASA, But Private Firms Do the Real Work in Space
People see a continuing role for the space agency, but mostly in national defense.
Trucking Company on the Hook for $700 Million Federal Loan Files for Bankruptcy
Reason reported last month that with less than two years left on its loan, Yellow Corporation owed more than it originally borrowed and had repaid only $230 in principal.
Under Multiple Budget Scenarios, the Government's Numbers Still Don't Add Up
Balanced federal budgets aren’t even considered as a possibility.
Why Did Joe Biden Stop Talking About the Deficit?
The federal budget deficit has exploded under Biden's watch, and he can no longer pretend otherwise.
Biden's Latest Student Loan Scheme Has a Bigger Price Tag Than Originally Projected
The administration’s SAVE plan for student loan forgiveness is estimated to cost $475 billion.
A Decade After Bankruptcy, Is Detroit Better?
The 2013 bankruptcy filing didn't make the city more prosperous, more functional, or less corrupt.
'Bidenomics,' Like All Industrial Policy, Sucks
Plus: Does Tom Cruise really do all of his own stunts?
Biden Forgives Almost $40 Billion in Student Loans
The spate of forgiveness reconciles administrative errors when carrying out changes to income-driven repayment plans.
'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
Get Your Politics Out of My Pickleball
Fault lines emerge as government gets involved in America's weirdest, fastest-growing sport.
Can Biden Still Forgive Student Debt?
Biden wants to use the Higher Education Act of 1965 to forgive student loans. But that plan has major issues.
Biden's Changes to Income-Based Student Loan Repayment Could Cost Billions
Biden plans to slash minimum monthly payments to just 5 percent of borrowers' income.
This Election Season, Beware of These False Promises
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
Is Debating Debt Policy Actually Terrorism?
The fight over the debt ceiling has foreshadowed how the policy debates of the presidential election cycle are likely to go.
Despite SCOTUS Smackdown, Biden Will Still Extract Billions From Taxpayers for Student Loans
Biden's proposed income-driven repayment plan could still cost taxpayers billions. And it will likely raise tuition too.
Joe Biden's Incoherent Student Loan Logic
Plus: Fewer cops, less crime; free beer; and more....
My CNN Article on "Why the Supreme Court Got it Right on Student Loans"
The article goes over the main reasons why the Court's decision was justified.
The Next President Needs To Cut Spending
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
CBO Projects Huge Deficits, $116 Trillion in New Borrowing Over the Next 30 Years
A new Congressional Budget Office report warns of "significant economic and financial consequences" caused by the federal government's reckless borrowing.
Fearmongering Won't Solve Climate Change
Global warming is an issue. But there are other pressing problems that deserve the world's attention.
Trucking Company, Careening Toward Bankruptcy, Could Default on $700 Million Federal Bailout Loan
After losing more than $100 million in a single year, Yellow Corporation got a $700 million pandemic assistance loan from the government. It has only paid $230 on the principal.
Scammers Stole $200 Billion From Two Federal COVID Aid Programs
A new audit says one out of every $6 distributed by the Small Business Administration during the pandemic was stolen.
Biden's $42 Billion Broadband Boondoggle
More than 90 percent of Americans already have access to high-speed internet.
Price Tag of NASA's Martian Rock Retrieval Mission Is Skyrocketing
The Mars Sample Retrieval program is now estimated to cost double than what was originally projected.
Economic Freedom Is Declining in the U.S.
We once ranked No. 4 in the world, according to the Heritage Foundation. Now we're 25th.
The Fed Won't Save Us From the Inflation Iceberg
Plus: Was Gerald Ford right to pardon Richard Nixon?
Can Republicans Fix Student Debt?
Unlike Democrats, Senate and House Republicans have released proposals that would actually tackle the root causes of increasing student loan debt.
Over $400 Billion in COVID Aid Was Stolen or Wasted
A new Associated Press analysis of government data suggests 10 percent of all COVID aid was lost to fraud or theft. That figure will likely grow.
Movie Industry Says Georgia's Film Tax Credits Are Great. State Auditors Say They're a Waste of Money.
Contradicting a new report funded by entertainment industry advocates, state auditors have cast significant doubts on the tax credit program's actual effectiveness.
The Debt Ceiling Deal Does Not Go Nearly Far Enough
Projections of huge savings are making the rounds. Nothing could be further from the truth.
The Student Loan Pause Has Made Borrowers Worse Off
A new working paper finds that borrowers whose loan payments were paused actually had more debt at the end of 2021 than those whose loans were never paused.
CBO: Debt Ceiling Deal Means 78,000 More Able-Bodied, Childless Adults Could Get Food Stamps
New work requirements will target those over age 50, but the debt ceiling deal also loosens existing work requirements for those under age 50.
Debt Ceiling Deal Will End The Student Loan Repayment Pause
If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.
Social Security and Medicare Are Ticking Time Bombs
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
