David Stockman on Why Trump Can't Fix the Debt: 'This Guy Is Part of the Swamp'
Reagan's former budget director says pro-inflation policies destroyed prosperity—and that the only solution is a new, anti-statist political party.
Government Spending
Argentina, Once One of the Richest Countries, Is Now One of the Poorest. Javier Milei Could Help Fix That.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
Should Government Fund Science? A Soho Forum Debate
AEI's Tony Mills and British biochemist Terence Kealey debate whether science needs government funding.
California Stopped San Francisco's $1.7 Million Toilet. The City Can't Build Something Cheaper.
"Why isn't there a toilet here? I just don't get it. Nobody does," one resident told The New York Times last week. "It's yet another example of the city that can't."
DeSantis Rightly Rejects GOP Bill To Help Fund Trump's Legal Defense
It is not the job of Florida taxpayers to support state officials' preferred presidential candidates.
Don't Shun Controversial Ideas and People. Debate Them.
They should be heard, not shouted down.
The Biden Administration Has Found a Way To Keep Forgiving Student Loans
Through changes to income-driven repayment plans, the Department of Education is set to enact debt relief for thousands of borrowers.
Interest Rates Are High. GOP Presidential Candidates Need To Get Serious About It.
They will either reduce the ability to spend money or to cut taxes.
Feds To Spend Hundreds of Millions of Dollars on E.V. Chargers in 'Disadvantaged Communities'
The projects include $1.4 million for a charging station in a remote Alaskan community with barely 2,000 people.
20 Percent of Welfare Spending Goes to the Households Taxed To Fund It
It's not robbing Peter to pay Paul. It's more like robbing Peter to pay Peter.
The Best of Reason: The Fiscal Hawks Were Right About Debt and Interest Rates
Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.
Homeless Encampments Cost These Cities Tens of Thousands of Dollars Per Tent
L.A., Portland, and other cities are spending millions to house homeless people in outdoor "safe sleeping" sites.
The Fiscal Hawks Were Right About Debt and Interest Rates
Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.
State Governments Promised Private Companies More than $10 Billion in Subsidies Last Year
The statistic, compiled by watchdog group Good Jobs First, only takes into account "megadeals" involving at least $50 million in subsidies.
Biden Administration Quietly Extended the Unnecessary COVID Bailout for States and Local Governments
Republican senators say the change is "mind-bending and deeply concerning."
Watchdog Report: USPS Still Failing To Secure Facility That Was Robbed Twice in 2023
A new inspector general report indicates that officials knew that the industrial park had been targeted in the past.
3 Economic Myths That Need To Die
As we step into 2024, it's crucial to adopt a more informed perspective on these dubious claims.
America Has Borrowed $1 Trillion Since the Start of Football Season
The federal government is borrowing money at a mind-spinning rate, and you can't blame it on the COVID-19 pandemic anymore.
Philadelphia Relies on Private Sector Chargers To Charge City-Owned E.V.s
Motorists complain about long lines at charging stations as civil servants queue up in city-owned electric vehicles.
Here's Why Charity Is Better at Solving Problems Than Government
Big government has been ruinous for millions of people. Charities aren't perfect, but they are much more efficient and effective.
Why a Huge Budget Deficit Might Be Good News for California
California is facing a projected deficit of $68 billion, a larger amount than the entire annual budget of the state of Florida.
How Biden Hobbled His Own Infrastructure Push
At nearly every turn, the infrastructure package opted for policies that limited supplies, hiked prices, added paperwork, and grew government.
All I Want for Christmas Is for Congress To Exercise Fiscal Restraint
Lawmakers can take small steps that are uncontroversial and bipartisan to jumpstart the fiscal stability process.
Welcome to the Hyperbole Factory
Plus: A listener asks the editors to consider the libertarian argument against shopping local.
Milei Begins Shock Therapy in Argentina
The self-described anarcho-capitalist president devalued the peso, halved government ministries, and announced a series of spending cuts.
Congress Renews Warrantless Digital Spying Program as Part of $886 Billion Spending Bill
Section 702 will continue until April, when Congress will have another shot at seriously reforming a program that desperately needs it.
Thomas Massie: Why Not Vote 'No'?
Congressman Thomas Massie discusses his "no" votes on foreign aid, COVID-19 relief, and labeling anti-Zionism antisemitism on episode two of Just Asking Questions.
Weapons for Christmas
Plus: Elon Musk's mom tells off the FCC, A24 tackles civil war, Nate Silver talks F.A. Hayek, and more...
The Media's Misleading Fearmongering Over Climate Change
"Over the last 20 years, because of temperature rises, we have seen about 116,000 more people die from heat. But 283,000 fewer people die from cold."
America Is Taking a High-Speed Train to Bankruptcy
Every dollar wasted on political pork, fraud, and poorly considered infrastructure makes the country’s fiscal situation even worse.
Congress Authorized $7.5 Billion for E.V. Chargers. After 2 Years, None Are Built.
More than $2 billion has been distributed, but only two states have even broken ground and most states haven't even submitted proposals.
Playing Chicken
Plus: University reckoning, climate-grief vasectomies, Chinese garlic, and more...
Even Hateful Protests Are Protected, Free Speech Group Reminds Congress
Respecting free speech defends individual rights and lets people show us who they are.
Congress Is Trying To Avoid Taking Responsibility for the Debt Crisis It Created
A fiscal commission might be a good idea, but it's also the ultimate expression of Congress' irresponsibility.
Charter Schools Get Less Funding but Achieve Similar Test Scores to Public Schools
Charter schools use "fewer dollars to achieve better outcomes," write University of Arkansas researchers.
Congress Admits It Has a Debt Problem, but Will It Do Anything?
Servicing debt grows more expensive as the deadline to curb the spending spree gets closer.
Pentagon Fails Sixth Audit in a Row
Though federal law has required annual financial reports, the Department of Defense simply did not complete them until 2018. It has since failed each year.
Florida's Bloated Prison System Will Cost Billions To Maintain
Florida's mandatory minimum sentences created a large, elderly prison population. Now the bill is coming due.
Full Extent of COVID Fraud Will 'Never Be Known With Certainty'
A new GAO report details federal prosecutors' attempts to put the horse back in the barn.
Here's One Way To Move Toward Responsible Government and Sane Fiscal Policy
The Copenhagen Consensus has long championed a cost-benefit approach for addressing the world's most critical environmental problems.
Government Gives Billions in Grants Each Year to Ivy League Universities
Some private universities receive more from the government than they net in tuition payments.
After Moody's Warning, Federal Officials Continue To Ignore Fiscal Reality
Moody's calculates that interest payments on the national debt will consume over a quarter of federal tax revenue by 2033, up from just 9 percent last year.
New Boss/Old Boss
Plus: Hamas and hospitals, Hamas and K-Mart, Randi Weingarten is very confused, and more...
The FBI Needs Downsizing, Not $3.5 Billion for a New Headquarters
Lawmakers from Maryland and Virginia fought over which state should house the new site rather than whether the bureau even needs so many agents.
Are Republicans Finally Getting Serious About Social Security?
This week's debate was the first signal that the party's next presidential nominee might actually understand the entitlement crisis.
The U.S. Needs a Fiscal Commission Because Congress Won't Do Its Job
In the last 50 years, when the budget process has been in place, Congress has managed only four times to pass a budget on time.
20 Years to Disaster
"The United States has about 20 years for corrective action after which no amount of future tax increases or spending cuts could avoid the government defaulting on its debt."
