Biden Says the Deficit Is Falling. Actually, It’s Rising.
The president now brags that he cut the deficit! “We’re on track,” he says, to have “the biggest decline in a single year ever in American history.” It’s actually true. …
Budget
Gov. Newsom Proposes Eliminating One of California’s Many Marijuana Taxes
The latest California budget submitted by Gov. Gavin Newsom could go a long way in fixing the state’s ailing recreational marijuana industry by fully eliminating an oppressive cultivation tax. Newsom’s …
Congress Could Nearly Double U.S. Border Budget With $40 Billion They’re Sending Ukraine
Congress refuses to address our own crises, virtue-signaling about aid to Ukraine without ensuring the money falls into the proper hands. The FederalistThe Federalist is an American conservative online magazine …
The Defense Budget Keeps Ballooning To Fund Fleeting U.S. Primacy
On April 5, Defense Secretary Lloyd Austin and Chairman of the Joint Chiefs Mark Milley testified at the House Armed Services Committee about the Biden administration’s $813 billion defense budget …
Joe Biden Wants To Spend How Much? On What Now?
In the latest Reason Roundtable, editors Matt Welch, Peter Suderman, Katherine Mangu-Ward, and Nick Gillespie discuss President Joe Biden’s newly proposed budget and wealth tax. 1:29: Biden’s budget proposal. 7:31: Biden wants …
Joe Manchin on Biden’s Wealth Tax: ‘You Can’t Tax Something That’s Not Earned.’
Ever since Joe Biden entered the White House, he’s had a Joe Manchin problem. Most accounts of Biden’s presidency cast this as a problem with Manchin’s unwillingness to go along …
More Defense Spending Does Not Equal More Safety
The brutal invasion of Ukraine by Russia has renewed conservatives’ calls for large increases of our defense budget. The extra money, we are told, would fund more weapons to better …
DeSantis’s Budget Plan Includes Millions To Deport Illegal Immigrants From Florida
DeSantis released his budget proposal late last week, including a request for millions of dollars to remove illegal immigrants from the state. The FederalistThe Federalist is an American conservative online …
Inflation Will Make Government Budget Problems Worse
Inflation is a hot topic now, with comments from Federal Reserve Chair Jerome Powell looking like veiled hints as to when (no longer if) the Fed will get serious about …
The World’s Richest Countries Want To Create a Competition-Crushing Global Tax Cartel
There is a certain irony to a group of rich countries pushing for policies that will disadvantage poorer countries. Yet this is exactly what the leaders of the world’s biggest …