Budget and Deficit

Interest on the federal debt—all of the debt—is now larger than the income tax revenue from three-fifths of the states...and rising.

The economy grew under President Obama, but slowly and sporadically. However, several economic indicators demonstrate that President Trump's embrace of free market principles has noticeably spurred hiring, investment and confidence.

The U.S. is reevaluating which countries receive U.S. foreign assistance. That's a good move for U.S. taxpayers and a bad move for Palestinians, which take our money even as they rail against us. 

Republicans used to talk about cutting federal spending to reduce the national debt; now they only talk about growing the economy.

President Trump says several NATO countries aren't meeting their financial obligations; he has a point.

Under universal basic income, everyone from the poorest to the richest — that’s why it’s called “universal” — would receive a taxpayer-provided monthly income, perhaps $1,000 per month, or $12,000 per year.

Aggressive use of the Impoundment Control Act could restore some sanity to federal spending and create consensus toward revision of the filibuster rule.

Members of Congress refer to their just-passed government-funding legislation as the “omnibus spending bill.” But “omni-bust” would better describe it, because it reveals all the ways Congress is busted.

President Trump has proposed replacing part of the food stamp program with a box of nutritious food. The idea is well worth considering, especially as a state demonstration project. 

The city must resist the call for an enormous new investment of taxpayer dollars to facilitate these private entrepreneurial ventures.