'Bidenomics' Is Nothing New
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
Fault lines emerge as government gets involved in America's weirdest, fastest-growing sport.
Biden wants to use the Higher Education Act of 1965 to forgive student loans. But that plan has major issues.
Biden plans to slash minimum monthly payments to just 5 percent of borrowers' income.
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
The fight over the debt ceiling has foreshadowed how the policy debates of the presidential election cycle are likely to go.
Biden's proposed income-driven repayment plan could still cost taxpayers billions. And it will likely raise tuition too.
Plus: Fewer cops, less crime; free beer; and more....
The article goes over the main reasons why the Court's decision was justified.
At a minimum, the national debt should be smaller than the size of the economy. A committed president just might be able to deliver.
A new Congressional Budget Office report warns of "significant economic and financial consequences" caused by the federal government's reckless borrowing.
Global warming is an issue. But there are other pressing problems that deserve the world's attention.
After losing more than $100 million in a single year, Yellow Corporation got a $700 million pandemic assistance loan from the government. It has only paid $230 on the principal.
A new audit says one out of every $6 distributed by the Small Business Administration during the pandemic was stolen.
More than 90 percent of Americans already have access to high-speed internet.
The Mars Sample Retrieval program is now estimated to cost double than what was originally projected.
We once ranked No. 4 in the world, according to the Heritage Foundation. Now we're 25th.
Plus: Was Gerald Ford right to pardon Richard Nixon?
Unlike Democrats, Senate and House Republicans have released proposals that would actually tackle the root causes of increasing student loan debt.
A new Associated Press analysis of government data suggests 10 percent of all COVID aid was lost to fraud or theft. That figure will likely grow.
Contradicting a new report funded by entertainment industry advocates, state auditors have cast significant doubts on the tax credit program's actual effectiveness.
Projections of huge savings are making the rounds. Nothing could be further from the truth.
A new working paper finds that borrowers whose loan payments were paused actually had more debt at the end of 2021 than those whose loans were never paused.
New work requirements will target those over age 50, but the debt ceiling deal also loosens existing work requirements for those under age 50.
If the debt ceiling bill passes, the Education Department will be barred from extending the student loan repayment pause yet again.
Even taking all the money from every billionaire wouldn't cover our coming bankruptcy.
But a lot of Republicans probably will.
Plus: A listener question cross-examines prior Reason Roundtable discussions surrounding immigration, economic growth, and birthrates.
Plus: Artificial intelligence and jobs, how government caused a lifeguard shortage, and more...
The deal will freeze non-military discretionary spending this year and allow a 1 percent increase in 2024.
The U.S. tax system is extremely progressive, even compared to European countries—whose governments rely on taxing the middle class.
Plus: A listener asks if the Roundtable has given the arguments of those opposed to low-skilled immigration a fair hearing.
The debt ceiling isn’t the issue; excessive federal spending is the real problem.
The rail lines servicing Washington, D.C.'s Union Station are carrying as little as a quarter of their pre-pandemic ridership. Officials still want to triple the station's capacity.
The Pentagon’s “accounting error” will allow President Joe Biden to send an extra $3 billion in military aid to Ukraine without congressional approval. Was this deliberate?
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
Plus: A listener question concerning the key to a libertarian future—should we reshape current systems or rely upon technological exits like bitcoin and encryption?
After getting lucky for his first few years in office, Newsom now faces his first major budgetary crisis. How he responds will show a lot about his leadership skills.
The lawsuit claims that the pause has cost taxpayers "$160 billion and counting."
The longer we wait to address our debt, the more painful it will be.
Last year, Biden was trying to take credit for "the largest drop ever" in the federal budget deficit. Now, the deficit is almost three times as large as it was a year ago.
Social Security will become insolvent in the early 2030s if Congress does nothing.
Plus: Kansas voting restrictions struck down, the legacy of the "vast wasteland" speech, and more…
We can't grow our way out of its ruinous economic impact. The only way forward is to cut spending.
Unlike the Education Department's estimates, a CBO analysis considers how the new rules will encourage more students to take out loans they won't be able to pay back.
It's time for President Joe Biden and House Speaker Kevin McCarthy to strike a deal that will avoid a default and cut spending.
Plus: A listener question scrutinizing current attitudes toward executive power
Do you care about free minds and free markets? Sign up to get the biggest stories from Reason in your inbox every afternoon.
This modal will close in 10