EconomyCommentary
Atop Agenda for 119th Congress: Lock in Trump Tax Cuts
A top priority for the incoming 119th Congress and the second Trump administration should be to extend and build upon President-elect Donald Trump’s 2017 tax… Read More
EconomyCommentary
Fake ‘Emergency’ Spending in Washington Winds Up Costing Us All
It’s bad enough that Congress and the White House are making no serious effort to cut spending these days—something we all wind up paying for,… Read More
EconomyCommentary
House Budget Panel Republicans Deliver Plan to Tackle $33T Debt
The federal government reached an ominous milestone Sept. 15 as the gross national debt exceeded $33 trillion—or more than $57,000 per household. The debt increased… Read More
EconomyCommentary
Welcome Spending Cuts and Major Missed Opportunities in House Spending Bills
The U.S. House of Representatives left Washington July 27 for its lengthy summer recess having only passed one of 12 spending bills required to fund… Read More
EconomyCommentary
We Traded a Debt Crisis for an Inflation Crisis, and Now We Have Both
In response to the Great Recession of 2007, politicians resorted to their favorite pastime: recklessly spending other people’s money. Instead of dealing with the real… Read More
EconomyNews
Deal to Lift Debt Ceiling ‘Fails Completely,’ Head of House Conservatives Says
The debt ceiling deal brokered over Memorial Day weekend by President Joe Biden and House Speaker Kevin McCarthy “fails completely,” the chairman of the House’s… Read More
EconomyNews
‘I Don’t Know,’ McCarthy Says About Timing of Debt Ceiling Deal
House Speaker Kevin McCarthy says he isn’t certain a deal on the nation’s debt ceiling will be made Thursday as negotiations between Republican and Democrat… Read More
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
Fed Nominee Brainard Needs Nuance on Austerity
In her hearing before the Senate today, Federal Reserve Board nominee Lael Brainard reportedly said that “expansionary austerity is a contradiction and does not work.”… Read More
Paul Krugman: Selective Data Usage
Paul Krugman, in the words of a former New York Times public editor, “has the disturbing habit of shaping, slicing and selectively citing numbers.” Most… Read More
