Battle Lines Drawn
Plus: House GOP defies White House on Israel funding, Gaza City surrounded, SBF guilty, Republican under indictment seeks reelection
Plus: House GOP defies White House on Israel funding, Gaza City surrounded, SBF guilty, Republican under indictment seeks reelection
The Democrat-controlled Senate meanwhile is proposing to expand the program.
Amtrak has historically received $2 billion in federal subsidies each year. Under Republicans' "draconian" cuts, they'd receive over $5 billion next year.
Plus: Everyone's favorite congressman survives another day, the Senate passes spending bills, New York City goes to war on tourism, and more...
The federal budgeting process was broken long before Matt Gaetz and Kevin McCarthy's recent spat.
Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise.
Entitlement reform has long been considered a third rail in American politics, but that perspective might be changing.
Plus: Massive union wins, abortion rebrands, Silvio Berlusconi's nude-art collection, and more...
Congress is being asked to borrow more money to fund broadband access and other pet projects. Only about $9 billion would be spent on natural disaster recovery efforts.
A new Government Accountability Office report notes that of 24 federal agencies, none of their headquarters are more than half-staffed on an average day.
A debt commission won't solve any of the federal government's fiscal problems, but it's the first step towards taking them seriously.
Plus: Tanks in Gaza, quitting the DSA, Gen Z hates a sex scene, and more...
Over the last several years, they have worked nonstop to ease the tax burden of their high-income constituents.
Ford and General Motors have tempered plans for E.V. production, but governments still spend billions of dollars in incentives.
But that decision seems to violate federal law.
Higher rates lead to more debt, and more debt begets higher rates, and on and on. Get the picture?
The Golden State's new rules—which Pennsylvania's Environmental Quality Board opted to copy—will increase the cost of a new truck by about one-third.
Cities are asking for federal zoning-reform dollars to pay for plans that might never pass.
Just 24 percent of self-identified Trump voters and 34 percent of self-identified Biden voters say they support a public handout for the Milwaukee Brewers' 22-year-old stadium.
Well over half of those funds remain unspent, according to a new Government Accountability Office report.
Especially because the once-dismissed possibility of rising rates is now a reality.
The Federal Reserve's higher interest rates were supposed to trigger changes to fiscal policy. So far, that hasn't happened.
Plus: House speaker battles, a Jesus-themed Trump courtroom sketch, Eric Adams' travel plans, and more...
The Department of Defense spent $1.2 billion on furniture between 2020 and 2022, although it only uses 23 percent of its office space.
Plus: Eric Adams vs. migrants, SBF is back, Arnold Schwarzenegger for speaker?, and more...
Those sounding the loudest alarms about possible shutdowns are largely silent when Congress ignores its own budgetary rules. All that seems to matter is that government is metaphorically funded.
Plus: A listener asks the editors to weigh in on a hypothetical executive order to establish an American Climate Corps.
Plus: Dianne Feinstein's replacement doesn't even live in California, New York's biblical floods, and more...
Shutdowns don't meaningfully reduce the size or cost of government, but they also aren't the end of the world.
The Senate is an incompetent laughingstock regardless of what its members wear.
Plus: Trump commits fraud, a hacker house cooks steak, progressive movements can't stop failing, and more...
Plus: Nonessential government programs (all of them?), AI firefighting, tech-world hit pieces, and more...
Officials say that the "Dream Streetcar" is intended to boost ridership, even though the streetcar is free.
But will it solve the team's attendance woes? Probably not.
Medicare's new price-setting process for drug purchases is better than its current one if the result is lower government spending.
Plus: DeSantis campaign on life support, Biden climate corps seeks to waste your money, implanting chips into brains, and more…
The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.
It's not the first time that has happened, but there are key differences about what happened this year.
Since Congress won't cut spending, an independent commission may be the only way to rein in the debt.
Plus: DeSantis' awkward pot situation, San Francisco's "overpaid executive" tax, and more…
Plus: Separating child poverty facts from fiction, EU will ban payments for sperm and blood, and more...
Plus: A listener asks for the editors’ advice on how to spend his money.
The city wanted to bring in more money, in part for early childhood education. But such taxes are disproportionately paid by the poor.
Since its start in March 2020, the pause has cost taxpayers around $200 billion.
Short-term solutions and governing from crisis to crisis isn't working.
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