EconomyCommentary
Democrats’ Debt Ceiling Position Makes Zero Sense
“If you buy a car,” White House press secretary Karine Jean-Pierre explained the other day, “you are expected to pay the monthly payment. … It’s… Read More
PoliticsCommentary
Biden Can’t Ignore Constitution and Give Himself Unilateral Power to Raise Debt Ceiling
The U.S. government has long been a spendthrift. It spends more than it takes in—now more than ever. The national debt has ballooned to a… Read More
Economy Analysis
If America Defaults on Debt, ‘It Will Be 100% Joe Biden’s Responsibility,’ Sen. Rick Scott Says
The clock is ticking on America’s debt, and Republicans lawmakers are calling on President Joe Biden to agree to their plan to raise the debt… Read More
EconomyNews
‘Nothing Has Changed’ Since Feb. 1 Meeting, McCarthy Says on Debt Ceiling
President Joe Biden met with Republican and Democrat leaders Tuesday to discuss the debt ceiling as the U.S. could “run out of cash” in less… Read More
EconomyNews
Economist Estimates Exact Date US ‘Will Run Out of Cash’ Amid Debt Ceiling Debate
The U.S. “will run out of cash to pay all the government’s bills on time” on June 8, according to Mark Zandi, chief economist at Moody’s Analytics…. Read More
EconomyCommentary
Time for Biden and Schumer to Stop Demagoguing and Take Debt, Spending Talks Seriously
As Americans deal with an economic hangover of high inflation and rising interest rates caused in large part by Washington’s irresponsible spending spree, House Republicans… Read More
PoliticsAnalysis
House Republicans ‘Did What They Had to Do’ on Debt Ceiling, CEO Says
The U.S. may “potentially” default on its debt “as early as June 1, if Congress does not raise or suspend the debt limit before that… Read More
EconomyCommentary
Here Are Winners, Losers If House’s Debt Ceiling Plan Becomes Law
The House of Representatives passed the Limit, Save, Grow Act on Wednesday, marking a significant victory for House Speaker Kevin McCarthy, R-Calif. McCarthy managed to… Read More
PoliticsNews
These Senators Have Committed to Back McCarthy’s Debt Limit Package
Republican’s debt ceiling bill likely faces an uphill battle in the Senate. The U.S. House of Representatives on Wednesday passed the Limit, Save, Grow… Read More
EconomyNews
House Passes GOP Debt Ceiling Package
The U.S. House of Representatives on Wednesday passed the Limit, Save, Grow Act of 2023 as the debt ceiling debate continues in the nation’s capital…. Read More
EconomyCommentary
Democrats Refuse to Deal as House Republicans Deliver a Pro-Growth Bill to Reduce Spending
House Speaker Kevin McCarthy, R-Calif., released text April 19 of legislation dubbed the Limit, Save, Grow Act. The bill, a focus of internal negotiations among… Read More
PoliticsAnalysis
Rep. Dan Bishop Sounds Off on Latest Hunter Biden Laptop Cover-Up Revelations
Michael Morell, former deputy director of the CIA, testified that Secretary of State Antony Blinken, who at the time was a senior adviser to the… Read More
EconomyCommentary
Why Work Requirements Are Less About Welfare Savings Than About Human Well-Being
Most Americans think that work in exchange for government benefits is common sense. For safety-net benefits, work-capable beneficiaries should begin to work, look for work,… Read More
EconomyNews
Biden ‘Missing in Action’ on Debt Ceiling, House Speaker Kevin McCarthy Says
President Joe Biden “has been missing in action and misleading the public,” House Speaker Kevin McCarthy, R-Calif., said Monday in New York as the debt… Read More
Economy Analysis
‘We’re Going to Tackle It Head-On,’ GOP Lawmaker Says of America’s Spiraling National Debt, Spending
OXON HILL, Md.—The clock is ticking on America’s debt. “You cannot spend yourself into oblivion like this country’s been doing,” Rep. Ralph Norman, R-S.C., says,… Read More
EconomyCommentary
From Concerning to Terrifying: 7 Horrible Milestones on Horizon for Bloated Federal Budget
A character in Ernest Hemingway’s first novel, “The Sun Also Rises,” explains how he went bankrupt: “Gradually and then suddenly.” Americans who have fallen deep… Read More
PoliticsAnalysis
The Debt Ceiling Debate, Explained
The debt ceiling fight continues in Washington, more than a week after the U.S. hit its legislated debt limit of $31.4 trillion. “The Treasury Department… Read More
PoliticsNews
Most Americans Oppose Debt Ceiling Hike Except With One Key Concession
FIRST ON THE DAILY SIGNAL: Most Americans oppose raising the federal debt ceiling without accompanying cuts to federal spending, a new RMG Research poll finds…. Read More
Economy Analysis
The Impact of COVID-19 on America’s Economy
The $2.2 trillion CARES Act stimulus package and historic unemployment rate during the coronavirus pandemic is placing a strain on our economy. Rachel Greszler, research… Read More
EconomyCommentary
6 Things Every American Should Know About Congress’ Bailout for Select Coal Miners’ Pensions
Americans lose when Congress is in the business of picking winners and losers. Just this week, Senate Majority Leader Mitch McConnell signed onto a bill,… Read More
News
Want Your Own Haunted Island? How About a Former Monastery?
An island in the Venice lagoon is part of several properties and assets that the Italian government is selling to slash its public debt and… Read More
Economy News
This Is Not a Ranking We Should Be Proud Of
Would you want to live in a country that is losing freedom? How about a country that has lost ground in property rights and become… Read More
EconomyNews
Sequestration Helps Force Needed Spending Cuts and Enables Private-Sector Jobs
The Congressional Budget Office (CBO) released a letter this week describing how canceling sequestration in 2014 would affect the economy. The CBO dutifully plugged the… Read More
EconomyNews
National Financial Capability Month: Is President Obama Setting a Good Example?
Last week, the President declared April 2013 National Financial Capability Month in an effort to encourage Americans to budget responsibly. This is a commendable goal…. Read More
EconomyNews
Debt Drag: Krugman, Konczal Miss the Point
On their respective blogs, economists Mike Konczal and Paul Krugman criticize the widely cited finding that a nation’s debt above 90 percent of its gross… Read More
