by Kathryn Anne Edwards The U.S. federal budget seems out of control. Funding spats and debt-ceiling standoffs routinely threaten to force defaults and shutdowns. America’s once-unassailable credit […]
Tag: federal deficit
Makes economic sense to expand CTC
by Karl W. Smith Congressional leaders are reported to be close to a deal that would restore President Joe Biden’s 2021 expansion of the child tax credit […]
National debt: The sky IS falling
The headline in Tuesday’s New York Times caught my attention: “The Debt Matters Again.” The article by German Lopez draws attention to the growing problem of the […]
New speaker on to something with debt commission
Getting the nation’s soaring debt under control should be a national priority. But many special-interest groups don’t agree. Recently, newly elected House Speaker Mike Johnson told his […]
Congress fails on budget — again
The stunning rebuke of Kevin McCarthy as House Speaker is yet another indication of the dysfunction of Congress. In this case, the House Republican majority was overruled […]
The federal gov’t is a fiscal mess
Decades of excessive spending, paid with debt, are hitting America’s credit rating. On Aug. 1, Fitch Ratings downgraded the United States federal government’s rating from AAA, the […]
Three practical presidential pledges
by James-Christian B. Blockwood Though the 2024 presidential general election is more than a year away, primary races have already begun. Early polling results tend to influence […]
House Republicans are defunding the U.S., not China
House conservatives have devised a “new and improved” threat to the world economy if their demands are not met. Once again, they vow to vote against raising […]
Biden’s budget was an opening bid. Where’s the Republican plan?
by Doyle McManus President Joe Biden unveiled his $6.8 trillion budget proposal last week, and it drew the customary jaded responses: a work of fiction; a party […]
GOP’s deficit reduction a cynical performative gesture
by Jonah Goldberg For several years now, I’ve been told that the old consensus of fiscal conservatism and limited government was dead. So, you might think I’m […]