The brief lapse in appropriations had serious underlying causes, and the flip way its correspondents covered the incident led to arguably the dumbest headline in Politico’s history.
Parents and grandparents who otherwise work hard to help their kids have no compunction about burdening them with endless budget deficits resulting in a crushing national debt.
By throwing money at the problem of rising drug costs, Republican leaders’ ‘solution’ may end up raising them even faster.
The call to restore earmarks is partly based on the belief that Congress has inadequate control over how the executive branch spends money. False.
When the shutdown comes this Friday, or anytime thereafter, please consult these rules to determine exactly who you should blame.
Democrats don’t want to admit that they imposed per capita spending caps in Medicare as part of Obamacare. Rather than admit the truth, many choose to lie or obfuscate.
Congress still refuses to eat its policy spinach, following the path of least resistance in making easy choices rather than tough ones.
Two years ago, Republican leadership promised they’d fight harder for reforms to federal health welfare spending. Now that they have increased power, they’re ignoring that promise.
Shortly before departing for their Christmas break, lawmakers of both parties voted to waive provisions that would have led to federal spending reductions over the coming decade.
Liberals mocked new tax cuts for ‘only’ allowing middle-class Americans to keep an average of $1,000 more of their money a year. Excuse me. We can do a lot with that money.
If Congress fails to comprehensively reform Medicare, seniors will miss out on significant savings, and taxpayers will miss out on the opportunity to slow the program’s cost growth.
The Tax Cuts and Jobs Act cuts rates for most tax brackets, substantially reduces business taxes, increases the standard deduction, and eliminates many tax loopholes and deductions.
If the goal is to pay for tax cuts, that could be done much more fairly, with better profit for students and Americans, and with bigger savings.
While a certain amount of taxation is necessary, we shouldn’t kid ourselves about its true nature. It’s a form of coerced taking.
To demonstrate that most Republicans have no desire to reduce federal spending, one need look no further than a Politico story last Thursday.
Neither party wants to reduce spending—a bad sign for future generations, who will pay the price for current leaders’ profligate ways.
Both sets of payments to insurers Susan Collins wants—the cost-sharing reductions and reinsurance—could end up subject to a statutory sequester due to the tax bill.
Senate conservatives need to be tough on Jerome Powell. Bad policy choices at the Federal Reserve that he supports have been toxic for the blue-collar American worker.
Overall, insurers could receive a windfall of $4 to $5 billion from the Alexander-Murray subsidies spigot. That’s plenty more than the ‘specific benefit’ to taxpayers.
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