Taxpayers Will Soon Find Out if They'll Have To Finance Fancy Stadiums for the Chiefs and the Royals
Jackson County, Missouri, residents should not be billed for the undertakings of private businesses.
Jackson County, Missouri, residents should not be billed for the undertakings of private businesses.
The cuts are part of the president's broader strategy to achieve fiscal balance at any cost.
Plus: A listener asks about the absurdity of Social Security entitlements.
Johnson could lose the speakership for the same reasons Kevin McCarthy lost it just five months ago. Who will be next?
The growing debt will "slow economic growth, drive up interest payments," and "heighten the risk of a fiscal crisis," the CBO warns.
Congress has authorized over $12 trillion in emergency spending over the past three decades.
In the name of safety, politicians did many things that diminished our lives—without making us safer.
Plus: A listener asks about Republicans and Democrats monopolizing political power in the United States.
The president who vowed to cut government spending rescinds the 48 percent pay raise he gave himself.
The whole project was supposed to cost $33 billion when it was initially proposed.
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
The eroding value of the dollar inflicts pain, and Americans resent politicians who cause it.
If you can't even get close to balancing the budget when unemployment is low, tax revenues are near record highs, and the economy is booming, when can you do it?
Plus: A listener asks the editors a question about progressive taxation in the United States.
Raising the payroll tax cap could generate up to $1 trillion over 10 years, but Social Security faces a $2.8 trillion deficit.
The government needs to cut back on spending—and on the promises to special interests that fuel the spending.
The total appropriations package would cut $200 billion over 10 years, as the national debt expands by $20 trillion.
Why are federal taxpayers paying for upgrades at tiny rural airports, Thanksgiving Day parades, and enhancements for Alaskan king crabs?
The charter school movement has seen many recent Supreme Court victories widening their scope to faith-based education, but some ambiguities remain.
In California, which has a slew of renewable energy regulations, the cost of electricity increased three times faster than in the rest of the U.S.—and the state still doesn't even get reliable energy.
Anatomy of a budget gimmick.
And it isn't the first time.
Plus: A partial budget deal, Super Tuesday, the State of the Union, Harris calls for a cease-fire, and more...
"I have a history of being the only vote that was a 'no,'" the Kentucky Republican tells Reason.
The airlift avoids the real problems causing starvation.
Despite the popular narrative, Millennials have dramatically more wealth than Gen Xers had at the same age, and incomes continue to grow with each new generation.
It's just one reason the program should likely be terminated altogether.
"Governors don't get to print money," the former Arizona governor tells Reason.
Commerce Secretary Gina Raimondo says more chip subsidies are needed, even before the Biden administration has distributed $52 billion or measured how effective that spending was.
Plus: Nuclear reactors, space firsts, Fani Willis' love life, Trump sneakers, and more...
Next week, Congress will have to choose between a rushed omnibus bill or a long-term continuing resolution that comes with a possible 1 percent spending cut.
The policy is a true budget buster and is ineffective in the long term.
This new wave of forgiveness shows how Biden can keep canceling student loans, even after his defeat at the Supreme Court last year.
Misled by a bad law, graduate students are drowning in debt.
The plan is the Biden administration's latest effort to enact large-scale student loan forgiveness.
The Senate's $95 billion aid bill would only throw more good money after bad.
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
It’s true that the U.S. pays too much of the continent’s defense bills even as it’s going broke.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
Copper Peak revitalization was pitched as an economic development project for the Upper Peninsula, which already has two working ski jumps.
New Congressional Budget Office data shows how higher-than-expected immigration is a win for the economy and the federal budget.
Three things to know about the new Congressional Budget Office report on the growing federal deficit.
The Massachusetts senator blames corporate greed for price increases that were caused by inflationary federal spending she supported.
Misled by a bad law, graduate students are drowning in debt.
Biden's economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.
Several large public universities are getting multimillion dollar budget cuts.
And why the Congressional Budget Office does a poor job of making those estimates.
AEI's Tony Mills and British biochemist Terence Kealey debate whether science needs government funding.
(You don't really have to shut up, but here's my money.)
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