Joe Biden's $6 Trillion Budget Proposal Will Hike Spending, Keep Deficits Near Record Highs
In Biden's plan, the government would consume a historically large share of the economy—and those taxes still wouldn't be enough to pay for everything
In Biden's plan, the government would consume a historically large share of the economy—and those taxes still wouldn't be enough to pay for everything
Nestled in the $1.9 trillion emergency spending bill passed in March was a bailout for unions' private pension funds.
No country gets out of poverty through redistribution of income.
The calls to implement such a plan are based on incorrect assumptions and a passive media.
The Paycheck Protection Program moved billions of dollars out the door incredibly quickly. A lot of it went to the wrong people.
California has a $75 billion budget surplus, but federal taxpayers are about to send the state $27 billion in additional aid.
The treasury secretary told the Chamber of Commerce that an activist government funded by higher corporate taxes would be a boon for business too.
Federal policies are subsidizing people's choices to build homes in harm's way.
A federal mileage-based user fee is still years away, and there's very little political support for a federal gas tax hike.
In response to Biden's child tax credits, Sen. Josh Hawley proposes paying parents $1,000 per month—if they're married—and $500 per month if they're single.
California's embattled governor wants to spend $8 billion of the state's surprise budget surplus on individual payments to state residents.
The economic aid package paid people not to work. So it's no surprise that many aren't working.
Many Democrats and Republicans act like spending isn't an issue. Here's why they're wrong.
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Is there any hope to check the growth of the state?
Maybe drawings can deter elected officials from their outrageous spending habits where detailed reports have failed to attract their attention.
For Biden, the pandemic has become a catchall justification for a slew of big-government programs that he and the Democratic Party already wanted to pursue.
"We need a Green New Deal for Public Housing," says Rep. Jamaal Bowman. "We need a Green New Deal for Cities…and we need a Green New Deal for Public Schools."
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The effort to redefine everything as infrastructure is a gift to central planners—because infrastructure is, almost by definition, centrally planned.
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The short-term inflation outlook isn't as grim as it looks, but the long-term situation could be awful
Just because a politician says something doesn't make it so.
The president loves big government for its own sake and doesn’t really care what it does.
Democrats never miss an opportunity to rail against big corporations. Yet they're eagerly subsidizing their big corporate friends.
When everything’s infrastructure, nothing is.
Secretary of Transportation Pete Buttigieg admitted the mistake and walked back the administration's job creation promises on Monday night.
Americans distract themselves with freak-show headlines while political institutions escape their control.
We don't need Biden's 21st century 'New Deal' to rebound.
The president endorses a competitive grant program that would reward localities for loosening their restrictive zoning codes.
Workers will suffer.
The president's speech outlining his American Jobs Plan was rich in ambition, but light on details.
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The scale of the current relief efforts means that many Americans received more income during this pandemic than they did before it.
And it has failed in almost every country where it's been tried.
This time with tax increases too!
Legislators view the disease as a license to spend like there’s no tomorrow.
What does this have to do with the pandemic? Nothing.
We will likely grapple with the consequences of ill-advised COVID-19 policies for years to come.
Some provisions provide direct aid. Others, not so much.
Joe Biden's spending bill is a Democratic Party wish list masquerading as a public health measure.
The Democrats' COVID bill showers billions of unneeded dollars on state and local governments.
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Somehow, policy makers slid from "never waste a crisis" to "everything is a crisis," a development that is particularly irksome during an actual crisis.
The Senate is preparing to pass a $1.9 trillion COVID-19 relief bill that has very little to do with the pandemic, and we all know it. Congress should admit as much.
The rest of us are out of luck.
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