Budget and Deficit

The president of a Texas-based conservative think tank is speaking out against the high rate of incarceration in the United States, arguing that the annual cost to house inmates is not fiscally responsible and that the intended outcome is not the same as the actual result.

Some argue that tax reform must be revenue neutral so that it doesn't cost the economy. But revenue neutral tax reform will have significant costs as well.

Republicans should not trap themselves within the strait jacket of revenue neutrality--the goal is economic growth.

President Trump is reportedly considering a plan that cuts up to $10 trillion in federal spending over 10 years; and if he gets his tax cuts passed, he'll need every penny to balance the budget.

Republicans campaigned on cutting the size of government, but they will face a lot of pressure to abandon those promises and spend like Democrats.

Tax cuts are important but so are spending cuts, and it will take a lot of them if we aren't going to grow the federal debt.

Hillary Clinton claims to be very concerned about the number of Americans with student loan debt, but unconcerned about the millions more who have mortgage debt, which raises the question of whether she is only trying to use taxpayer dollars to buy votes.

Leftists and unions are protesting against Argentina President Macri because he is cutting government jobs and scaling back government utility subsidies—both of which the U.S. should be doing also.

The sequester spending restraints, pared with reasonable economic growth, could have balanced the budget on autopilot.

The federal government has announced that Obamacare's Medicaid expansion cost much more than it had predicted, and no one was surprised except, apparently, the federal government.