Imposing a carbon tax would represent but the latest instance of Democrats violating President Biden’s pledge not to raise taxes on the middle class.
Lawmakers are debating trillions of dollars in spending, and legislation that will affect many facets of just about every American’s life, without even bothering to hold any public hearing or discussion.
Contrary to their name, modern progressives view most Americans as regressive—fundamentally incapable of succeeding beyond a life on the dole.
The Biden administration insists the spending bill independent experts believe could cost $5.5 trillion over a decade will actually cost ‘zero.’ Is this how stupid they think Americans are?
Despite recent hedge fund disasters and almost every economic indicator pointing to a potential stock crash, Biden’s administration has completely ignored a potential equities bubble.
COVID-19 and the lockdowns devastated small businesses. Now the reconciliation bill could increase their pain.
A relatively unheralded program in the $3.5 trillion Democrat spending spree would provide well more than $1 billion in bailout funds to media organizations.
‘The bill itself will not cost 3.5 trillion dollars, in the sense that it will be entirely or at least partly paid for.’ If you believe this, I’ve got a Senate seat to sell you.
If Republican lawmakers vote for a debt limit increase, they own the reconciliation bill — all of it.
The owners of 1.5 million S-corporations could become subject to a 3.8 percent tax increase as part of Democrats’ cash grab to fund their welfare state expansion.
House Speaker Nancy Pelosi is already reprising her old tricks for ramming through Joe Biden’s latest multi-trillion, deficit-funded spending spree.
Republican lawmakers’ profligacy does not give Democrats carte blanche to pursue even more reckless levels of spending.
In lieu of additional revenue obtained from auditing taxpayers, how do lawmakers now propose to fund increased federal spending on roads and bridges? Through a budget gimmick.
Enacting several modest reforms to Medicare—ones that could attract Democrat support—could rebuild a bipartisan consensus to tackle the unsustainable nature of our entitlements.
CBO now projects that the national debt will exceed the size of the nation’s economy by the end of this fiscal year—just three short months away.
Democrats’ determination to get their way on both infrastructure and the rest of their spending plans may mean Republicans are being rolled by their more ruthless adversaries yet again.
With the president making his motives plain, Republicans can remind the administration that, in a closely divided Washington, they have several leverage points of their own.
The biggest threat to the economy is the Federal Reserve’s continued monetary expansion to fund proliferating government spending despite warning signs of rising inflation.
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