Once Again, the Social Security Trust Fund Has No Money in It
Almost as soon as the 2010 Social Security trustees report comes out today, various groups will claim that the program is fiscally healthy because its… Read More
Almost as soon as the 2010 Social Security trustees report comes out today, various groups will claim that the program is fiscally healthy because its… Read More
In the battle over the extension of the 2001/2003 tax cuts, a lot of myths about the tax cuts are being perpetuated. One of the… Read More
Bill Gale’s discussion of the five myths about the Bush tax cuts was an unusually slanted piece from a normally straight-shooting liberal economist. With respect… Read More
By the only objective standard available, President Barack Obama’s $862 billion economic stimulus has been a complete failure. His administration promised the American people that… Read More
Congress has an important decision to make before the end of the year: Extend the 2001 and 2003 tax cuts or allow them to expire… Read More
Brian Riedl argued in a Washington Times piece on Tuesday that the Community Living Assistance Services and Supports (CLASS) Act should be repealed. CLASS, a… Read More
It’s difficult to forget the drama—including riots, fires, and even deaths—that unfolded during Greece’s recent fiscal crisis. But what would happen if bad budget policy… Read More
Liberals are desperate to bully or chide the rest of the country into accepting massive new taxes to support the recent federal spending surge. Many… Read More
In yesterday’s Washington Post, Ruth Marcus uses “quack medicine” to describe conservatives’ support for extending the 2001 and 2003 tax cuts. Yet she commits her… Read More
We are on the precipice of the largest tax increase in United States history. On January 1, 2011, the 2001/2003 tax relief will expire. All… Read More
?? Last week, Henry Aaron argued in this space that raising the retirement age to help Social Security’s solvency amounted to a cloaked benefit cut…. Read More
Last night on Hardball with Chris Matthews, Rep. Paul Ryan (R-WI) made the case for preventing President Barack Obama’s impending job killing tax tsunami. When… Read More
Fannie Mae and Freddie Mac are not known for overly cautious mortgage financing. To the contrary, their open wallets helped fuel the credit crisis of… Read More
Managing the city of Bell, California, is apparently twice as challenging as being President of the United States. The Los Angeles Times reported on July… Read More
An article on the Automatic IRA in the July 13 edition of the Capitol Hill newspaper The Hill (“Democrats and AARP want to make IRA… Read More
According to President Obama, “every economist who’s looked at it says that the Recovery Act has done its job.” The four economists gathered at the… Read More
Reps. Gary Peters (D-MI), John Adler (D-NJ), Peter Welch (D-VT) and Jim Himes (D-CT), should be commended for forming their new Spending Cuts and Deficit… Read More
As President Obama today signed into law the Dodd-Frank financial regulation bill, two words were left unspoken: Fannie and Freddie. Yet they not only played… Read More
After months of inactivity, the Senate could finally address the death tax in the coming days. It is about time it acted, because in a… Read More
The President is scheduled to sign the financial overhaul bill today, yet he might want to pause a moment to consider not signing this bill… Read More
There simply is no way to avoid thinking and, perhaps, even starting the analysis of economic policy except from a set of principles. Whether it… Read More
There’s only one reason nearly 2 million American former workers are without unemployment benefits today: Senator Reid (D-NV) and his Democratic colleagues’ addiction to deficit… Read More
Alan Greenspan recently gave a Bloomberg News interview with Judy Woodruff. His agenda was redemption. Hers was politics. She got what she wanted. In the… Read More
This week attention has been focused on President Obama’s pick of Jacob Lew to replace outgoing Peter Orszag as Director of the Office of Management and… Read More
Almost seven full months into 2010, the Senate might finally get around to addressing the death tax. The death tax expired on January 1 of… Read More
Last week the Obama administration began rolling out new campaign titled, we kid you not, “Yes, we did.” Did what exactly? Waste nearly a trillion… Read More
Still in the midst of a recession, the United States finds itself at a crossroads regarding which path will lead to economic growth and job… Read More
Serious doubts surround President Obama’s National Commission on Fiscal Responsibility and Reform, which has been tasked to make recommendations to Congress to reduce the federal… Read More
The Obama administration and their Keynesian media allies are desperately pushing back against a growing consensus that President Barack Obama’s expansive and intrusive domestic agenda… Read More
Lawmakers in Washington are quick to talk the talk of fiscal reform these days. Solutions to the nation’s abysmal financial outlook are at the tip… Read More
