If it feels like you’ve seen a lot of advertisements lately soliciting victims of Camp Lejeune’s tainted water, it’s because you have. In 2022, a provision was added to the “Promise to Address Comprehensive Toxics Act” (PACT Act). It created…
There’s a sarcastic if not morbid joke within the ranks of the Federal Deposit Insurance Corporation about the meaning of its acronym, FDIC, as it pertains to the numerous “lifers” who have been employed at the FDIC for decades: “Found…
WASHINGTON — The April jobs report found the U.S. economy added 175,000 new positions, but it fell below expectations. Unemployment nudged up to 3.9 percent last month, which at least keeps unemployment below 4 percent for 27 months in a…
The oldest put-down in New York always revolves around buying the Brooklyn Bridge. The tag line is always something like, “If you’re that dumb I’ve got a bridge to sell ya.” There are a lot of variations on that theme…
In the well-intentioned rush to support American families by expanding the Child Tax Credit (CTC), critical questions are often ignored: Aren’t we already doing enough, and is this the best way to help? It’s imperative to step back and examine…
Ah, February. A month of hope. The first whispering lilts of springtime are upon us. Our old friend from Pennsylvania — Punxsutawney Phil — emerged from his burrow on Gobbler’s Knob this month and announced that winter will be over…
As the festive season approaches, with its twinkling lights and merry carols, the item topping my Christmas wish list is fiscal responsibility from Congress and the administration. If this sounds like an economist conflating policy with goodwill, remember this: In…
With U.S. government revenues rising, 2023 might have been a good year for Congress to get America’s post-COVID-19 finances on track, but the budget deficit is still growing. You can thank overspending for this. It’s also the reason we’ve had…
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 brief summary of the update is…
