Budget and Deficit

Under the terms of TRIA, if a certified terrorist attack exceeds $100 million, the law kicks in, with private insurers repaying taxpayers on the first $27.5 million of damages, Tom Giovanetti, president of the Institute for Policy Innovation, wrote in Forbes.

Wouldn’t it be good policy, as well as good finances, that instead of every taxpayer owing $1 million, they owned $1 million—the result of a lifetime of saving their payroll taxes rather than handing them over to big-spending Uncle Sam?

The public and the media should be demanding that Obama reveal how he plans to pay for the war on ISIS.

Powerpoint presentation given by IPI President Tom Giovanetti to the North Texas Strategy & Victory Conference in Grapevine, Texas on September 27, 2014.

Instead of being a millstone, the indictment may turn out to be a badge of honor

Texas Governor Rick Perry’s indictment could help his presidential prospects if voters see his actions as an effort to stand up for principle and public accountability.

The U.S. provides foreign aid to nearly every country, even those that don't like us very much. Is it time to rethink that strategy?

The Obama administration wants to continue extending unemployment benefits; Republicans stopped them and—surprise!—now more Americans are reentering the workforce.

Obama will continue to spend significantly more than what he’s already squandered in the hope of avoiding a $150 billion economic hit that will likely never happen anyway.

By excluding intergovernmental loans from its standard debt statements, the CBO is ignoring more than a quarter of total federal debt, allowing lawmakers to hide behind a debt burden that is much worse than it seems.