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December 31, 2024

Farewell, President Stimulus

When it comes to stimulus, President Joe Biden has carved out a signature spot in American history. From his role as “sheriff” overseeing Democrats’ massive 2009 stimulus law to signing an even bigger stimulus bill as president in 2021, Biden is more closely associated with partisan stimulus policy than any other politician. And the disastrous political consequences of…

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…