The Sky (Still) Isn’t Falling
In the 1980s and 1990s, Chicken Littles warned that Japan was buying up America. The biggest symbol that our country couldn’t keep up with Japan’s… Read More
In the 1980s and 1990s, Chicken Littles warned that Japan was buying up America. The biggest symbol that our country couldn’t keep up with Japan’s… Read More
A new messaging strategy, based on public polling results from top Democratic pollsters, suggests that congressional lawmakers should wave the white flag when discussing Obamacare… Read More
Now that the congressional money tree has bloomed again, this time in the form of new stimulus money for the states, we are faced with… Read More
When economists forecast the economy, they tend to draw straight lines. They figure out where we are and where we’re going, and they plot a… Read More
Progress is often a matter of higher, faster, further—profits are higher, computer chips are faster, cars run further on a gallon of gas. In Washington,… 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
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
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 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
It is established practice in Washington that if you have to release bad news, it is best to do it on a Friday … the… Read More
The White House today released its updated federal budget projections. By releasing the report late on a Friday afternoon—a longtime Washington tradition for stories that… 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
David Cameron’s visit to the United States this week offers the prime minister a major opportunity to assert a stronger British presence on the world… 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
It often happens that flawed theories put into practice expose their internal inconsistencies for all to see before long. We now see this playing out… Read More
Last night the House passed a “budget enforcement resolution” setting discretionary spending levels for fiscal year 2011 at $1.12 trillion. This is approximately $7 billion… Read More
At this point, Americans on every imaginable side of the deficit debate agree that federal spending is out of control. Something must be done—but the… Read More
Carnegie Mellon University economics professor and American Enterprise Institute visiting scholar Allan Meltzer has a must read op-ed in today’s Wall Street Journal titled: Why… Read More
Although Canada’s taxpayers were forced to spend one billion dollars for security at the G-20 Summit in Toronto last weekend, more than 600 people were… Read More
The Washington Post reported today that the International Monetary Fund and various world governments warned U.S. officials years ago that “escalating financial problems” in the… Read More
Political candidates apparently can choose no better campaign issue this year than excessive government spending and the exploding debt it’s producing. In one campaign after… Read More
This morning White House Chief of Staff Rahm Emanuel and budget director Peter Orszag will release a memo directing all federal agency heads “to develop… Read More
Thomas Jefferson established an academy at West Point because he wanted an institution to train Army officers which would be beholden to no political party…. Read More
When Britain’s new Chief Secretary to the Treasury, David Laws, walked into his office last week, he found a letter from his predecessor, Liam Byrne…. Read More
This week, the House of Representatives will vote on the $86 billion “America Competes Act.” Just a few years ago, an $86 billion authorization would… Read More
The United States must reverse its spending habits, and most Americans know it. A recent poll by Resurgent Republic shows that 62 percent of likely… Read More
There is much hand-wringing in the mainstream media about the Senate Budget Committee’s 6.8% cut of $4 billion last week to the Obama Administration’s massive… Read More
The Obama Administration, the Democratic Congress, and their friends in organized labor are quick to blame unemployment on the trade deficit. Facts don’t support that… Read More
Sen. Tom Harkin (D-IA) announced during a Senate appropriations subcommittee hearing last Wednesday that he will sponsor a $23 billion emergency jobs bill in response… Read More
