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Research Archive

October 3, 2024

Stop the insanity. Our national debt now tops $35 trillion…

America’s political leaders have a spending problem.  They know entitlement programs feature benefit promises far exceeding their tax base, but have done nothing to make them sound. Meanwhile, both parties demand more spending increases — despite the national debt soaring to $35 trillion, or more than $100,000 for each American, rich and poor alike. Under rosy assumptions, over $20 trillion in…

August 29, 2024

Kamala Harris Wants to Turn the Tax Code into a Mammoth ATM

Given her liberal record, it’s no surprise that Vice President Kamala Harris’s recently released economic agenda calls for vast increases in benefits for low-income adults. But it should be surprising for that spending to be cast as tax relief since low-income adults pay few, if any, federal income taxes in the first place.  That’s the spin Harris…