The very term “debt limit” makes a mockery of any kind of responsible budgeting. Each time the government reaches the “limit” it gets raised with the familiar scenarios that include threats of a government shutdown (an idea that increasingly appeals to some conservatives) and the ...
House Republicans narrowly passed a bill this week that would increase the federal government’s debt ceiling in exchange for $4.8 trillion in spending cuts over 10 years that show what the GOP cares about. It’s not our nation’s youth. Republicans propose slashing funding for ...
by Chris Stansbury The Biden administration seems to be a fan of doubling down on bad ideas. After adding more than $5 trillion to the national debt since taking office in 2021, the White House has teed-up a nearly $7 trillion budget proposal for 2024. The track record of fiscal ...
For years, we have heard the question asked in West Virginia: What is the state doing to improve and diversify its economy? The question is rooted in the complaint that the state’s economy is tied too tightly to extraction industries. State leaders have heard that question as well. ...
While most of the public and media attention the past two years has been focused on high prices and inflation, these issues take second place over the public’s top concern, which is big government, according to a new Gallup poll. Concern over the uncontrolled southern border is in third ...
by Michael Hiltzik The people who are in the forefront of pushing Social Security “reform” by cutting benefits have gotten pretty good at hiding their intentions behind plausible-sounding jargon and economists’ gibberish. The latest “reform” package offered by the ...