Jerome Powell, the chairman of the Federal Reserve, issued an ominous warning to lawmakers Wednesday that the federal budget is on ‘an unsustainable path.’
President Trump’s proposed budget eliminates funding for the NEA, and apparently not wanting taxpayers to bankroll endeavors beyond the government’s constitutional scope demonstrates his lack of humanity.
Republicans agreed to hundreds of billions in additional spending to ‘win’ something they already had. The bill will raise spending by nearly $2 trillion over the coming decade, most of that not paid for.
Congress should require that, within six months of Tax Day, the Internal Revenue Service must issue to all taxpayers a rundown of how much they paid, and what programs it went to fund.
Sen. Bernie Sanders’ single-payer bill would, in addition to ending Medicaid, liquidate the Medicare trust funds, using the proceeds to finance the new government-run program.
The president’s budget proposes we spend vastly more money for 15 years than we take in, and lead us to spending more in interest payments than we do on Social Security or defense.
Congressional salaries should be reduced every time a budget is passed with spending exceeding revenue, a firm cap on spending should be imposed, and entitlement reform should become an urgent priority.
In some cases, living paycheck-to-paycheck is unavoidable. In other cases, people need to wake up and take a long look at their foolish finance habits.
Republicans may criticize Alexandria Ocasio-Cortez for proposing new spending, but the difference between her and most GOP members represents one of degree rather than of kind.
We spend gobs of money on our military, so what do we get in return? A lot of foreign intervention that has little clear benefit to Americans.
The Trump tweet illustrates a much larger problem facing congressional Republicans: They don’t want to fight—about the wall, or about much of anything, particularly spending.
With the federal debt at $21 trillion and rising, if Congress will not act on this package, when will it discover fiscal discipline?
Mary Katharine Ham and Mattie Duppler host today’s Federalist Radio Hour to chat about America’s week in Royals obsession, the tax bill aftermath, and more.
We agree with President Trump: a spending bill like the one passed this March must never happen again. Unfortunately, Congress currently is on a path to repeat that debacle.
The two immense challenges we citizens will eventually be forced to face are the staggering explosion of federal debt and the accompanying increased dependency upon government.
Republicans yet again voted to fund an organization that aborts babies and spends taxpayer dollars to boot conservatives from office. What gives?
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.
The budget proposal means the Trump administration is now actively working to codify not one but two Obamacare bailouts that a Republican Congress denied to the Obama administration.
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