Joe Biden's $11 Trillion Plan To Bankrupt America
The president-elect promised record levels of spending and taxes on the campaign trail. Will he succeed?
Government Spending
Brian Riedl: Donald Trump, Joe Biden, and $6 Trillion Budgets
How to slow massive and unchecked national deficits in an age of runaway spending and divided government.
Dishonest Politics and Coronavirus Relief
Why people continue to trust government officials is a mystery.
Biden and Trump Offer Competing Tax Proposals, but Both Ignore Economic Reality
Trump plans to steal less of other people’s cash then Biden does, though neither has any serious suggestions for paying for their spending schemes.
Joe Biden's Economic Policies Would Cost the Economy 4.9 Million Jobs by 2030, According to a New Study
The Democratic presidential candidate has promised not to raise taxes on middle-income earners. That's not the full story.
On the Art of 'Stimulus' Spending With Trump and Pelosi
The president might just be the world's worst negotiator.
The Next COVID Stimulus Bill Could Cost Trillions of Dollars or Might Not Happen at All
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
Debt Reckoning
After years of federal fiscal recklessness, is Washington's bill finally coming due?
Donald Trump Switches Positions Again, Says Stimulus Negotiations Are Back On
The president's erraticism and Senate Republican opposition might save taxpayers from having to shell out for another 10-digit relief package.
Democrats and the White House Were Nearing an Agreement on Renter, Homeowner Assistance. Then Trump Tweeted.
House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they'll get $0.
No Stimulus Before the Election, Trump Says, but Expect More Spending No Matter Who Wins
It is an abrupt reversal for Trump, who as recently as Saturday had voiced his support for another stimulus package.
Democrats Propose $2.2 Trillion More for Coronavirus Relief and Other Pet Projects
Plus: Court says Subway sandwich bread isn't bread, Tennessee "abortion reversal" law blocked, and more...
Congress Continues to Spend Delusional Amounts of Money
Even without further spending increases, the Congressional Budget Office projects that the national debt will hit 107 percent of GDP in 2023.
Federal Payments to Farmers Have Tripled Since 2017, and Trump Just Promised Even More
Trump's farm bailouts have cost taxpayers more than $28 billion already, and he just announced another $14 billion in payments as part of his reelection pitch to farm-heavy states.
Pentagon Uses Pandemic Response Cash To Pay Defense Contractors for More War Toys
Plus: House votes to keep funding the government, DHS recalls intelligence reports, Jeff Bezos is starting a preschool, and more...
Our SCOTUS Wars Were a Long Time Coming
The fight to replace Ruth Bader Ginsburg reveals a long-degraded political culture.
America's Debt Will be Twice the Size of the Economy by 2050
The Congressional Budget Office warns that higher levels of debt will slow economic growth significantly in the years ahead.
After the Stimulus Binge, Brace for a Crash
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
Joe Biden's Proposed Budget Would Hike Spending, Raise Taxes, and Further Inflate the National Debt
Biden is proposing about $3 trillion in new taxes, mostly on the rich, to pay for up to $11 trillion in new spending. That's a recipe for even bigger budget deficits.
States Aren't Getting a Federal Coronavirus Bailout. Most Will Be Fine.
The COVID-19 pandemic will strain some state budgets, but you shouldn't believe the predictions about catastrophic cuts.
GOP Unveils $500 Billion 'Skinny' Stimulus That's Dead on Arrival
Democrats are proposing $3 trillion.
America's National Debt Will Be Larger Than the Economy Next Year
The Congressional Budget Office says the deficit will hit $3.3 trillion this year. The national debt will exceed the size of America's gross domestic product for the first time since the end of World War II.
Both Biden and Trump Plan to Spend Well Beyond the Government's Means
Whether Biden or Trump wins this November, we're in for big, unaffordable government. How much bigger and how unaffordable are the only real questions.
Los Angeles' Financially Strained Transit Agency Considers Eliminating Fares on Buses and Trains
Abolishing fares could lead to even more federal aid for L.A. Metro, which has already received a $861.9 million bailout this year.
No, Donald Trump Did Not 'Shrink' Government
Annual federal spending grew by $940 billion under his signature, even before the coronavirus.
Republicans, Democrats Debate Whether Next Relief Bill Should Be $1 Trillion or $2 Trillion
Plus: Uber, Lyft threaten to suspend California operations following court decision; New Zealand reimposes lockdown measures in response to new COVID-19 cases; and Kamala Harris's hawkish foreign policy
Why Stimulus Spending Fails
More spending means more debt and more future taxes.
San Francisco Judge Rules Drivers With Ride-Sharing Companies Are Employees. Uber Warns It'll Have To Raise Prices By as Much as 111 Percent.
Plus: Federal government spent $250 billion on expanded unemployment benefits, Joe Biden's V.P. pick is "imminent," and Ben Shapiro takes on Cardi B
The COVID-19 Pandemic Is Crushing State Budgets. A Federal Bailout Is Still a Bad Idea.
There is no state that will weather the COVID-19 pandemic without making difficult decisions. But the revenue hit will be less severe in places that were being thrifty and vigilant.
The Next Coronavirus Stimulus Plan: More Spending, Smaller Unemployment Benefits, and Tax Breaks for Going Out To Eat
Senate Republicans announced Monday that the federal government will pay an additional $200 per week in unemployment benefits. The $600 per week benefits boost will expire on July 31.
'CARES' Package Part Two Is Coming, to the Tune of at Least $1 Trillion
Plus: Gun groups for black Americans are growing, a promising new study on opening schools, and more...
Trump Administration Data Claims Coronavirus Relief Program Saved Tens of Thousands of Jobs That Probably Don't Exist
White House brags about the supposed success of the coronavirus relief program are based on shoddy data.
Has the U.S. Government Finally Spent Too Much?
When COVID-19 arrived in America, Uncle Sam was already deep in debt.
Did Trump's Coronavirus Stimulus Save 51 Million Jobs? The Claim Relies on Shaky Math and Questionable Economics.
Even if it's true, taxpayers paid $58,000 for each saved job.
The Paycheck Protection Program Is a Mess. Here's Who Is Benefitting From the Dysfunction.
A program designed to keep workers on payrolls showered benefits on lobbyists, advocacy groups, and even members of Congress.
The Next Pandemic Will Be Caused by the National Debt. It Will Crater the Economy.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
As Delayed Tax Day Approaches, Consider What You Get for Your Money
Do you appreciate the incompetence, in-fighting, obstructionism, authoritarianism, and waste that you pay for?
The Feds Sent More than 1 Million Coronavirus Stimulus Payments to Dead People, GAO Says
As much as $1.4 billion might have been paid to deceased Americans. The IRS says that money must be returned.
All Statues Should Be Private
We should celebrate our fandom on our own dime, and on our own property.
The Federal Government Spent Nearly $3 Trillion on Coronavirus Relief. Oversight Has Been a Mess.
Members of Congress may have benefited from small business funds, and government watchdogs are warning that the program appears susceptible to fraud.
Give Individuals and Small Businesses a Government-Backed Line of Credit
An economic response to COVID-19 that's fiscally responsible.
It's Official: Money Printer Go Brrr
The Reason Roundtable discusses Federal Reserve Chair Jerome Powell's 60 Minutes admission, as well as the Libertarian Party presidential race post-Justin Amash
As COVID-19 Approached, CDC Asked Congress for More Money To Fight the Drug War
Most of the items included in the CDC's 2021 budget request are important, serious matters. But many have nothing to do with the agency's mission.
The Next Coronavirus Stimulus Bill Is Here. It's a $3 Trillion Spending Plan That Bails Out States and the Post Office.
The new bill includes another round of stimulus checks for all Americans, funds additional coronavirus testing, and spends billions to bail out states and government agencies straining under pension debt.
Coronavirus Stimulus Has Cost $3.6 Trillion, but Oversight Is Still Severely Lacking
Before spending another dollar, Congress should make sure someone is keeping an eye how the largest pile of government cash in American history is being spent.
