Surrendering on COVID Spending Is a Predictable, Fitting End for Trump's Tenure
One of the underappreciated failures of the Trump presidency is his squandering of an incredibly rare opportunity to reset how Washington operates.
One of the underappreciated failures of the Trump presidency is his squandering of an incredibly rare opportunity to reset how Washington operates.
But they're almost certainly going to get some.
"It truly is a disgrace," said Trump.
Even as the pandemic has exposed the desperate need for disruptions to the calcified public school system, Congress just voted to restrict some of the very creativity that's sorely needed.
From pandemic relief to public schools, wealth taxes to COVID vaccines, politicians are finding bad ways to redistribute the pie.
Plus: 1 in 5 prisoners has had COVID-19, Supreme Court won't stop undocumented immigrant exclusion from Census, and more...
Plus: The FDA approves a new rapid at-home COVID-19 test, lockdowns in Victoria, Australia ruled a human rights abuse, and more...
Unsettled political circumstances and the ongoing pandemic crossed with Congress' broken bill-passing process is a recipe for chaos.
Plus: Vaccine distribution begins, stimulus talks continue, and more...
The strange alliance proves once again that the one thing politicians can agree on is spending taxpayers' money.
The president might just be the world's worst negotiator.
There's a fox, a goose, and a bag of grain. And a hippopotamus in the middle of the river.
The president's erraticism and Senate Republican opposition might save taxpayers from having to shell out for another 10-digit relief package.
House Democrats had approved $71 billion in assistance to homeowners and renters. The White House said it would agree to $60 billion. Now they'll get $0.
It is an abrupt reversal for Trump, who as recently as Saturday had voiced his support for another stimulus package.
Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
Is it too much to ask for a presidential candidate who cares about America's fiscal health and respects the limits of his office?
Forgiving payroll taxes is a bad way of stimulating the economy and would leave Social Security benefits underfunded.
Research suggests reducing spending will boost consumption in the short- and long-run.
The postal service stands to lose $13 billion this year. But this is an ongoing trend, not a new problem created by the coronavirus pandemic.
Plus: Uber, Lyft threaten to suspend California operations following court decision; New Zealand reimposes lockdown measures in response to new COVID-19 cases; and Kamala Harris's hawkish foreign policy
Senate Republicans announced Monday that the federal government will pay an additional $200 per week in unemployment benefits. The $600 per week benefits boost will expire on July 31.
The summer of 2020 got a lot crappier over the weekend, according to the Reason Roundtable podcast.
Congress is currently debating what should be included in the next trillion-dollar (and counting) stimulus bill, but nothing is likely to pass this week.
White House brags about the supposed success of the coronavirus relief program are based on shoddy data.
When COVID-19 arrived in America, Uncle Sam was already deep in debt.
Even if it's true, taxpayers paid $58,000 for each saved job.
Get ready for more pain caused by COVID-19 as well as by the policies intended to hold it in check.
As much as $1.4 billion might have been paid to deceased Americans. The IRS says that money must be returned.
Treasury Secretary Steve Mnuchin says that information is confidential. Government watchdogs say that excuse is bogus.
The bad policy and worse politics of coronavirus stimulus spending
The new bill includes another round of stimulus checks for all Americans, funds additional coronavirus testing, and spends billions to bail out states and government agencies straining under pension debt.
The Reason Roundtable discusses eternal New Deals, multi-trillion-dollar mistakes, and sobbing face-first in the parking lot of life. Happy Monday!
Early takeaways from the country's response to a pandemic
The libertarian-leaning congressman says the Paycheck Protection Program for small businesses discriminates against those that most need it.
It's obvious that there will be more government spending in response to the coronavirus, but distinguishing the essential from the nice-to-have is more important than ever.
The deal primarily sets aside $320 billion for the Paycheck Protection Program for small businesses.
He has no colleagues or staff, but he's supposed to provide oversight on $454 billion in coronavirus spending—nearly equal to the annual budget for Medicare.
And more coronavirus stimulus spending could send that number soaring higher.
Unclear terms, unrealistic loan forgiveness, a site unprepared for launch, and a bottomless demand for cash
The last time we sent this much money to the Kennedy Center, it was for a pair of Hamilton tickets.
The Club for Growth prides itself on holding lawmakers accountable "by publicizing their voting record." Except, well…not right now.
Plus: COVID-19 in prisons and jails, Trump campaign threatens TV stations, state disparities in new coronavirus cases, and more...
The package doubled in cost over the course of the negotiations.
"Americans need fast, direct relief," says Justin Amash.
Lawmakers are still seeking a compromise.
The new plan seeks to help an economy decimated by the coronavirus.
The NYU Law professor thinks we're in for a mess of bad epidemiology, ineffective stimulus, and misguided quarantines.
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