WASHINGTON — Fiscal restraint is dead. The federal government spends $1.5 trillion more than it takes in. The national debt is $34.5 trillion. … No hoodwinking or hornswoggling here. Support independent journalism and get unlimited access to quality commentary. [/mepr-show]…
A ruling by the Government Accountability Office allows Joe Biden to keep Julie Su in charge of the Labor Department without confirmation by the Senate. Before Biden tapped her for the post, Su headed… No hoodwinking or hornswoggling here. Support independent…
“Annual income twenty pounds, annual expenditure nineteen [pounds] nineteen [shillings] and six [pence], result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, … No hoodwinking or hornswoggling here. Support independent journalism and get unlimited access to…
The biggest challenge for any party whose political strategy involves uniting as many different factions as possible is managing the issues which set those factions against each other. Witness just a … No hoodwinking or hornswoggling here. Support independent journalism…
California’s Legislative Analyst’s Office announced Thursday that California faces a $68 billion deficit — the largest in state history. For comparison, that’s bigger than Maryland’s entire budget for… No hoodwinking or hornswoggling here. Support independent journalism and get unlimited access…
“For every complex problem,” wrote H.L. Mencken, “there is an answer that is clear, simple, and wrong.” The issues of “health care, infrastructure, education,” and “climate change” could all be sol… No hoodwinking or hornswoggling here. Support independent journalism and…
With the close of the U.S. Treasury’s fiscal year on September 30, 2023, there came an important update (provided by the Heritage Foundation) on the U.S. Treasury budget for the prior fiscal year. A b… No hoodwinking or hornswoggling here….
Writing in this space a few weeks ago, I argued that in several ways the United States is exhibiting characteristics remarkably similar to that of the Roman Empire during its decline in the Christian … No hoodwinking or hornswoggling here….
Fitch Ratings just downgraded the U.S. government’s credit rating, due in part to Congress’ erosion in governance. Indeed, year after year, we see the same political theater unfold: last-minute deals,… No hoodwinking or hornswoggling here. Support independent journalism and get…
President Joe Biden and House Speaker Kevin McCarthy spent weeks of negotiating to authorize $4 trillion in new deficit spending over the next two years. This means that our national debt will be $35 … No hoodwinking or hornswoggling here….