Passing the Spending Bill Could Doom Biden's Presidency
Biden’s presidency is already failing. Build Back Better wouldn't help.
Biden’s presidency is already failing. Build Back Better wouldn't help.
Plus, Biden's Build Back Better passes the house.
Today's highly successful space race "is not something for two billionaires to be directing," says Sanders, who favors the government spending taxpayer money to do the same damn thing (but more slowly).
The legislation will have a negative impact on the labor supply and send high prices soaring even higher.
The Congressional Budget Office's analysis of the bill is unlikely to prevent its passage through the House. A vote could happen later tonight.
Virginia spends around $35,000 per mile of state-controlled road. In New Jersey, it's $1.1 million. Both states are about to get a lot more federal funding.
Plus: Administrative bloat conquers Yale, the U.N. Climate Change Conference in Glasgow wraps up, and more...
The cost of interest on the national debt will soon be a huge chunk of change.
Plus: Consumer prices surge, a Virginia school district talks openly about burning books, and more...
It's Biden's bill, but Trump helped set the stage.
The U.S. government doesn't reflect on its spending history, and that shows.
Gov. Greg Abbott’s crusade is costing the state huge sums just to try to prosecute thousands of misdemeanor trespassing cases.
It's one of the most expensive legislative packages in American history, but the $1.2 trillion bill will end up doing far less than it otherwise could have.
Plus: America's mayors want to be paid in bitcoin, Democrats want to subsidize local journalists, and more...
We can't afford to keep funding defense contractors' cost overruns.
"I'm open to supporting a final bill that helps move our country forward, but I'm equally open to voting against a bill that hurts our country," Manchin says.
Plus, speculation around Virginia's heated gubernatorial race
Plus: New York City's vaccine mandate is accidentally shrinking the city's workforce, a windowless dorm in California stokes controversy, and more...
Plus: Facebook rebrands, McDonald's hikes menu prices, and more...
These schools are already extremely accessible to low-income students. Don’t mess with their flexibility.
Plus: Six Flags arbitrage, Tom Cotton misleads about qualified immunity, and more...
And it just might reduce the tax burden for the well-off in the short term.
The idea that massive government spending, hate speech laws, and gun control will improve America—when they failed horribly elsewhere—is a dangerous myth.
Forty years from now, it'll be much, much, much higher.
Legislating with budget gimmicks is shameful, timid, risky, and opportunistic. Mostly, though, it's really expensive.
Plus: In-N-Out fights San Francisco's vaccine mandate, the Vienna Tourism Board gets an OnlyFans, apes protest the DEA, and more...
Manchin's $1.5 trillion plan is still bigger than the Obama stimulus, and would be a major expansion of government's power to redistribute wealth.
New analysis from the nonpartisan Congressional Budget Office shows massive deficit increase as a result of spending bill’s health care provisions.
When everything's a priority, nothing is.
For Biden, "build back better’" apparently means eyes on everything in the economy.
Plus: Why "reforming" Section 230 makes little sense, the FDA finally admits vaping is safer than smoking, the U.S. will reopen its land borders with Canada and Mexico, and more...
"Spending trillions more on new and expanded government programs, when we can't even pay for the essential social programs...is the definition of fiscal insanity."
The President's inaugural "unity" rhetoric has given way to apocalyptic condemnation.
They give an edge to big companies that have no problems accessing capital and whose executives are often well-connected with politicians.
Under Biden, Democrats have decided that their agenda has no costs and no tradeoffs.
Profligate government spending supposedly has nothing to do with it.
Democrats are now relying on the same "dynamic scoring" technique they've previously criticized.
Democrats want to raise the debt ceiling, while Republicans occasionally remember they're against big government spending.
The problem isn’t the GOP or Senate rules. It’s that Democrats can’t agree amongst themselves.
The $3.5 trillion bill includes a new program to subsidize the makers of "sustainable aviation fuel."
There simply aren't enough rich people to finance all the new spending.
Biden's plan will raise taxes on individuals earning as little as $30,000 annually by 2027, but that's just a trick to make the overall cost of the bill look lower than it really is.
Biden's American Families Plan would put most working-age American households on the dole.
House Democrats' proposed excise taxes could double or triple the price of some vaping products.
A new analysis projects that private capital, wages, and America's GDP will fall over the next three decades if Congress passes the $3.5 trillion reconciliation package. But at least government debt will grow!
The plan would make a liar out of Biden on a level reminiscent of George H.W. Bush's betrayal of his "read my lips" tax pledge.
How spending got out of control and words lost their meaning.
Without policy changes, beneficiaries will receive only 78 percent of what was promised starting in 2034.
Help Reason push back with more of the fact-based reporting we do best. Your support means more reporters, more investigations, and more coverage.
Make a donation today! No thanksEvery dollar I give helps to fund more journalists, more videos, and more amazing stories that celebrate liberty.
Yes! I want to put my money where your mouth is! Not interestedSo much of the media tries telling you what to think. Support journalism that helps you to think for yourself.
I’ll donate to Reason right now! No thanksPush back against misleading media lies and bad ideas. Support Reason’s journalism today.
My donation today will help Reason push back! Not todayBack journalism committed to transparency, independence, and intellectual honesty.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges central planning, big government overreach, and creeping socialism.
Yes, I’ll support Reason today! No thanksSupport journalism that exposes bad economics, failed policies, and threats to open markets.
Yes, I’ll donate to Reason today! No thanksBack independent media that examines the real-world consequences of socialist policies.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges government overreach with rational analysis and clear reasoning.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges centralized power and defends individual liberty.
Yes, I’ll donate to Reason today! No thanksYour support helps expose the real-world costs of socialist policy proposals—and highlight better alternatives.
Yes, I’ll donate to Reason today! No thanksDonate today to fuel reporting that exposes the real costs of heavy-handed government.
Yes, I’ll donate to Reason today! No thanks