Budget and Deficit

This year’s convention is set to be a four-day effort to buy votes with taxpayer and employer money.

The  White House has announced the federal budget deficit is expected to be $600 billion in 2016, a $162 billion increase from last year. That increase was completely predictable. Federal deficits declined as a result of the budget sequester; but Congress abandoned the sequester. 

Sometimes being an overachiever isn't a good thing. 

While federal spending, regulations and intrusion are much larger today than they were 50 years ago, the number of federal employees is about the same.

When a federal agency’s budget is almost the size of New York’s whole economy, we have created a financially unsustainable monster.

Proposed legislation to facilitate Puerto Rico's bankruptcy process continues harmful precedent of throwing investors under the bus but protecting government pension systems.

As America celebrates Earth Day, it might be a good time to recall just how much Obama’s desire for a green legacy is costing taxpayers.

Surprise! The Congressional Budget Office now says that Obamacare will cost a whole lot more than the government and our president predicted.

If a picture is worth a thousand words, so is a graph. We have compiled several graphs that convey a picture of the Obama economy, and it isn't pretty.

If a picture is worth a thousand words, so are economic graphs, which can tell an economic story better than the raw data. IPI's new publication “Trend Tracker: A Picture of the Obama Economy” uses 10 charts to illustrate economic and political trends. There has been widespread concern President Obama's policies have led to years of tepid economic growth that have hurt the middle class; the graphs seem to verify those concerns.