It’s common knowledge among budget experts that the budget process is “broken.” Anyone who regularly reads this column knows about debt limits, government shutdowns, out-of-control spending and borrowing … the list goes on. Well, part of the problem is that,…
We have a debt-ceiling deal. It’s a relief for most people. This deal avoids a default and the need for the Department of the Treasury to make hard choices over which bills to pay. It gives Republicans the sense that…
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 trillion in 2025. The interest cost…
Speaker Kevin McCarthy and the House Republicans have a tremendous opportunity to create a better American future. If they can successfully carry out the will of the American people, we will get to lower spending, less inflation, and eventually a…
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…