One always hopes to end the year on a high note, but politically speaking, at least, that is difficult again in 2022. One searches in vain for advances in individual liberty and setbacks for power. Sure, with the receding of the pandemic, life has returned to normal...
So, $47 billion on free college tuition; $1 trillion for new infrastructure; $1.4 trillion to write off student loan debt; at least $7 trillion on a Green New Deal; $32 trillion on “Medicare for All.” By one estimate, these new spending proposals total an estimated...
In recent months, we have seen a string of shocking headline figures based on 10-year budget projections. For example, when the House's American Health Care Act (AHCA) bill got scored by the Congressional Budget Office (CBO), we learned that 23 million fewer...
William Safire said that as a speechwriter for Richard Nixon, he would sometimes urge the president, "Take the easy way!" Nixon could then give a speech saying he had rejected advice from his aides to take the easy way, preferring to do what was right. Politicians may...
According to some commentators the US federal budget deficit still remains a major economic problem notwithstanding that it draws less attention than in the past. The Federal Government budget had a surplus of $33.4 billion in September against a surplus of $90.9...
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