Washington Forget all the tongue clucking about Washington being so divided and nasty that Democrats and Republicans cannot work together. As the Senate and House proved this week in passing the $867 billion farm bill, when it comes to spending…
The rate on ten-year U.S. Treasury bonds rose from below 3 percent to 3.2 percent last week. Signals abound that that Quantitative Easing morphs into Quantitative Tightening. The rise in the bond rate follows the Federal Reserve, which devoured U.S….
Federal revenues flatline at $3.3 trillion. The amount the federal government took in this year matches what it took in last year, and the year before that, and the year before that. There would be a Groundhog Day quality to…
“National healthcare spending trends are unsustainable in the long term,” President Donald Trump’s budget acknowledges. An article published earlier this month in the medical policy journal Health Affairs buttresses this simple point. Medical inflation stands to outpace both economic growth…