Lessons for the U.S. from Japan's Lost Decade
Facing an economic downturn in the 1990s, Japan racked up debt. America should not repeat that mistake.
Government Spending
The Real Economic Catastrophe Will Be Caused by the U.S. Debt
Should we blame Biden and the politicians applauding him for their unwillingness to address our looming fiscal disaster?
Biden Administration Says It Will Finalize Second Attempt at Blanket Student Loan Forgiveness This Fall
If at first you don't succeed, try, try again.
Secret Service May Get Even More Money After Failing To Protect Trump
Government agencies are expensive, incompetent, and overreaching. The Secret Service is no exception.
RFK Jr. Pays Lip Service to the Debt While Pushing Policies That Would Increase It
It's good to hear a candidate actually talk about our spending problem. But his campaign promises would exacerbate it.
Paris Spent $1.5 Billion Cleaning Poop Out of the Seine, and It's Still Too Dirty for Olympic Swimming
Athletes still can't swim in the Seine River after Paris wasted $1.5 billion trying to clean it for Olympic events.
No, the Secret Service Is Not Underfunded
As lawmakers investigate what went wrong at the Pennsylvania Trump rally, they should resist calls to give the agency more money.
Bad News for Universal Basic Income
Researchers found that giving people $1,000 every month for three years resulted in decreased productivity and earnings, and more leisure time.
Congressional Budget Office Estimates Recent Increase in Immigration will Reduce the Budget Deficit
A new CBO report concludes it will save the federal government almost $1 trillion over the next ten years.
'The Problem Is Spending': Libertarian Presidential Nominee Chase Oliver's Vision for the Future
The candidate supports gun rights, wants to privatize government programs, and would radically reduce the number of federal employees.
Harris Promises Expensive Paid Leave and Child Care Subsidies in First Campaign Speech
Both had been dropped from the Inflation Reduction Act over concerns about the bill's cost and the amount of borrowing needed to pay for them.
Federal Court Blocks Biden's Income-Based Student Loan Forgiveness Plan
The SAVE plan would have dramatically reduced the amount borrowers were required to pay back before receiving forgiveness—and cost taxpayers almost $500 billion over the next decade.
Republicans Don't Even Pretend To Want To Cut Government Anymore
This week left no doubt that the GOP's current leadership wants the government to do more, spend more, and meddle more.
Here's How To Pay for Trump's Tax Cuts
There seems to be general bipartisan agreement on keeping a majority of the cuts, which are set to expire. They can be financed by cleaning out the tax code of unfair breaks.
MAGA Voters Try To Convince a Libertarian To Vote Trump
Reason's Emma Camp attended the Republican National Convention to ask delegates and voters who they think libertarians should vote for this year and why.
The Best of Reason: Why Did Americans Stop Caring About the National Debt?
Both parties—and the voters—are to blame for the national debt fiasco.
Republicans Hammer Biden on Inflation. But Do They Have a Better Plan?
Opening night of the Republican National Convention programmed a central issue with a Trumpian twist: "Make America Wealthy Again."
Why Did Americans Stop Caring About the National Debt?
Both parties—and the voters—are to blame for the national debt fiasco.
The 2024 GOP Platform Promises To 'Make America Affordable Again.' So Why Are They Embracing Fiscal Insanity?
Although former President Donald Trump's deregulatory agenda would make some positive changes, it's simply not enough.
Biden vs. Trump: Housing Policy Edition
How do the two major party candidates stack up on housing policy?
The National Debt Is Crossing an Ominous Line
The U.S. has successfully navigated past debt challenges, notably in the 1990s. Policymakers can fix this if they find the will to do so.
Biden, Trump, and RFK Jr. Are All Anti-Freedom
Those three presidential candidates are making promises that would have bewildered and horrified the Founding Fathers.
Gorsuch Apes NIMBY Government Lies in Supreme Court's Grants Pass Decision
Plus: A disappointing first round of "Baby YIMBY" grant awards, President Joe Biden endorses rent control, and House Republicans propose cutting housing spending.
Numb to the Numbers
The national debt has become an alarm bell ringing in the distance that people are pretending not to hear, especially in the city that caused the problem.
Federal IOU: August/September 2024 Puzzle
"Period during which America's national debt was about $75 million"
Why Has Joe Biden's $42 Billion Broadband Program Not Connected One Single Household?
The senior Republican FCC commissioner blames progressive politics, while lawmakers and telecom companies blame bureaucratic red tape.
America Is in a Debt Crisis. Will Trump or Biden Address It at the Debate?
The candidate who grasps the gravity of this situation and proposes concrete steps to address it will demonstrate the leadership our nation now desperately needs. The stakes couldn't be higher.
The Best of Reason: What If the U.S. Cuts Off Aid to Israel?
Ending U.S. aid would give Washington less leverage in the Middle East. That's why it's worth doing.
Eating Doritos While Drowning in Debt
Plus: A listener asks if there are any libertarian solutions to rising obesity rates.
'Vast Majority' of Pandemic Employee Retention Credit Claims Are Likely Scams, Says IRS
Just the latest development in the continuing saga of COVID stimulus fraud.
Federal Budget Deficit Forecast Jumps $400 Billion, Fueled by Student Debt Forgiveness
The Congressional Budget Office reports the 2024 budget deficit will near $2 trillion.
The National Debt Is Now So High That Every American Essentially Owes $100,000
We could grow our way out of our debt burden if politicians would limit spending increases to just below America's average yearly economic growth. But they won't even do that.
Federally Funded Dad Jokes
Does America really need a National Strategic Dad Jokes Reserve?
The Government Screwed Up College Financial Aid Applications
The new FAFSA form is like HealthCare.gov but for college students.
Biden Keeps Blaming Others for His Economic Mistakes
The president has tried to shift blame for inflation, interest rate hikes, and an overall decimation of consumers' purchasing power.
This New York Charter School Is Helping Low-Income Students. But the City Is Holding It Back.
Government school advocates say competition "takes money away" from government schools. That is a lie.
Can Biden's New Student Loan Program Be Stopped?
Several lawsuits are attempting to stop the SAVE program but with uncertain impact.
What If the U.S. Cuts Off Aid to Israel?
Ending U.S. aid would give Washington less leverage in the Middle East. That's why it's worth doing.
The GOP Once Claimed To Be the Party of 'Fiscal Responsibility.' So Why Not Reform Social Security?
Reasonable options include gradually raising the minimum retirement age, adjusting benefits to reflect longer life expectancies, and implementing fair means-testing to ensure benefits flow where they're actually needed.
The National Debt Is Making Us Poorer
The average American will lose between $5,000 and $14,000 annually by 2054 due to the burden of the growing national debt.
Anthony Fauci Gives Misleading, Evasive Answers About NIH-Funded Research at Wuhan Lab
At yesterday's congressional hearing, the former NIAID director played word games and shifted blame in an effort to dismiss credible claims that his agency funded work that caused the pandemic.
$7.5 Billion in Government Cash Only Built 8 E.V. Chargers in 2.5 Years
While the private sector builds hundreds of public chargers, the government spends billions of dollars for just a handful of charging stations.
The Congressional Budget Office's Alternative Scenarios Forecast a Dire Economic Picture
Why aren't politicians on both sides more worried than they seem to be?
K-12 Schools Crippled by Covid Cash
Inflation and expiring funds push public education into financial chaos.
Trump's Mass Deportation Plan Is Anti-American
Donald Trump’s promise to carry out “the largest domestic deportation operation” in U.S. history would tear apart families, harm American workers, and require militaristic enforcement.
Congress' Budget Process Is Broken. Here's One Idea for Fixing It.
Lawmakers should be freed from "the dead hand of some guy from 1974," says former Congressional Budget Office director.
