Don’t be confused by the latest numbers. Smart forecasters still predict a deep recession. Brian S. Wesbury and Robert Stein at First Trust Portfolios have been reliable guides over recent decades. They expressed some hope for a correction over the last…
We’re all guilty. President Joe Biden is guilty. Former President Donald Trump was guilty. Both parties are guilty. I am guilty, and you are, too. We all are guilty because we have done little to nothing while the nation’s national…
Can newly installed House Speaker Kevin McCarthy deliver on the promises and deals that he floated on his tortured journey to claiming the gavel? Team GOP’s handshake spending plan includes two goals — to cap discretionary spending in fiscal year…
Joe Biden named inflation “my top domestic priority” on Tuesday. On Wednesday, the Bureau of Labor Statistics announced an annual consumer price index of 8.3 percent for April. The president’s top domestic priority also ranks first in terms of his…
By now we’re used to President Biden’s favorite tactic of The Big Lie. He’s told us that his Afghanistan debacle was a success. He says that inflation is temporary and that it will end soon because the government is spending…
A fight is brewing over bringing back earmarks — provisions that are inserted into spending bills by individual members of Congress to send money to politically favored entities in their districts. There has been a moratorium on earmarks since 2011….
Federal Reserve Chairman Jerome Powell cited a record 11-year expansion, an economy “resilient to the global headwinds,” “near half-century lows for more than a year” regarding unemployment, and how “GDP rose at a moderate rate over the second half of…
My fellow taxpayers, this is your quarterly warning that Uncle Sam is not a good steward of your money. The Congressional Budget Office (CBO) just released its most recent 10-year projections for federal spending and revenues. The picture is not pretty….
Here we go again. We’re approaching another deadline to pass a government spending bill or risk a government shutdown. Legislators routinely manufacture this sort of “crisis” to ram through provisions that wouldn’t survive scrutiny standing on their own. Congress is…
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