The Government Wants To Cap Credit Card Late Fees. It Will Hurt the Poor.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
Delayed payments will increase, and companies will respond by raising interest rates—or denying low-income applicants outright.
Enjoy a special video episode recorded live from New York City’s illustrious Comedy Cellar at the Village Underground.
If Robert Kennedy Jr. and Marianne Williamson can draw nearly one-third of Democratic support, imagine how more conventional challengers would do.
The policy will protect thousands of Afghan refugees against imminent prospect of deportation. Same should be done for Ukrainians and others admitted to US using the parole power. But a permanent solution to this problem requires Congress to pass an adjustment act.
It's time for President Joe Biden and House Speaker Kevin McCarthy to strike a deal that will avoid a default and cut spending.
The last vestiges of the Biden administration's pandemic mandates are disappearing on May 11.
Plus: A listener question scrutinizing current attitudes toward executive power
It equates to "roughly 25,000 years" of filling out forms and other compliance tasks, reports American Action Forum's Dan Goldbeck.
The House passed a resolution that will reimpose tariffs on solar panels from China, while the EPA sits on applications for carbon capture technology that may soon be mandatory.
The Capitalist Punishment author explains his America First 2.0 agenda, how to fix America's identity crisis, and why he no longer calls himself a libertarian.
Regulations costing less than $200 million will no longer be considered "economically significant."
"Criticism of the president is core political speech protected by the First Amendment," says the students' attorney.
Plus: Home equity theft at the Supreme Court, New York shows how not to legalize marijuana, and more...
It has been reprinted (with permission) by the Cato Institute.
Plus: More details emerge on Fox News' firing of Tucker Carlson, Aubrey Plaza shills for Big Milk, Biden announces he's running for president, and more...
In recent months, progressives have held their noses and publicly supported Biden even in the face of downright illiberal policies.
Is this what equity looks like?
The main driver behind the reduction is inflation—inflation that politicians created with their irresponsible spending.
That doesn't mean Russia is right. It means we're being honest about how much the U.S. is involved.
California’s experience combatting wage theft has been a headache for employers without much in the way of restitution for workers.
We owe this achievement to a combination of Covid vaccines and Biden Administration policy changes. But much more can be done.
An impasse created by years of politicized, myopic decision making in Washington is pushing the federal government ever closer to a dangerous cliff.
How to—and how not to—help solve the college debt problem.
While escalation is not inevitable, it’s still a risk having any U.S. boots on the ground.
After a century of Democratic mismanagement, Chicago is hemorrhaging population, catastrophically underfunding massive pension promises, and taxing the bejeebus out of its crime-scarred residents.
The president signed a Republican-sponsored resolution ending the national emergency declared by President Donald Trump.
Industrial policy is never as simple as it seems.
In 10 years, the programs' funds will be insolvent. Over the next 30 years, they will run a $116 trillion shortfall.
Philip Esformes' case is a story about what happens when the government violates some of its most basic promises.
A government big enough to "solve" your minor irritants will do plenty of other stuff you don't like.
Trump touted his support for sentencing reform as evidence of his "deep compassion," which DeSantis sees as a weakness.
Biden extended the successful Uniting for Ukraine model to cover migrants from four Latin American nations with oppressive governments and horrible conditions, thereby greatly reducing illegal migration from those nations. This effect undercuts a lawsuit challenging the program, filed by twenty red states.
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
A bipartisan bill backed by J.D. Vance and Sherrod Brown would include a two-member crew mandate that unions have long sought—and that wouldn't have prevented the Ohio disaster.
Nature's 2020 endorsement of Joe Biden changed no minds but did significantly undermine trust in science.
Plus: did the editors sing Happy Birthday to Adam Smith?
Plus: did the editors sing Happy Birthday to Adam Smith?
What at first appears to be deregulation is actually economic activism in disguise.
The Democratic president is supercharging former president Trump's failed approach to domestic manufacturing.
The higher taxes on small businesses and entrepreneurs could slow growth. Less opportunity means more tribalism and division.
The president wants to redefine federally licensed gun dealers in service of an ineffective anti-crime strategy.
Plus: The editors recommend the best books for sparking interest in free market principles.
Even as the president bemoans the injustice of pot prohibition, his administration insists that cannabis consumers have no right to arms.
The ruling has significant shortcomings and may be overruled on appeal. The Biden Administration's position in this litigation is wrong for much the same reasons as the Trump Administration was wrong to target immigration sanctuaries.
What we did for Ukrainians, we could do for other migrants too.
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
Biden is set to propose a new tax on unrealized investment gains and to quadruple a recently imposed tax on stock buybacks.
When politicians manipulate industry, the public pays the price.