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September 1, 2023
As America prepares to celebrate Labor Day, it’s timely to wonder what the US Department of Labor (DOL) has been up to. One noteworthy recent action was DOL’s August 21 release of a report on improper payments made by the troubled Pandemic Unemployment Assistance (PUA) program. PUA was a temporary federal program in 2020 and 2021, which…
August 31, 2023
As summer temperatures rise , the Biden administration has pushed its green energy agenda hard — all the while ignoring the financial pain those policies disproportionately cause lower-income Americans. Last month, the Department of Transportation released fuel economy standards constituting a de facto mandate to purchase new electric vehicles. With the average EV price exceeding $60,000 , government subsidies may help the well-off…
August 23, 2023
On August 21, the US Department of Labor (DOL) released its long-awaited “improper payment report” on the troubled Pandemic Unemployment Assistance (PUA) program. PUA was an unprecedented federal unemployment benefit program that operated from early 2020 through September 2021. Prior reports from the DOL Inspector General and the Government Accountability Office suggested that PUA was subject to historic, but previously unconfirmed, levels…
August 14, 2023
In 2008, former White House Chief of Staff and Chicago Mayor Rahm Emanuel famously said what has come to be known as Rahm’s rule: “You never want a serious crisis to go to waste. And what I mean by that [is] it’s an opportunity to do things that you think you could not do before.” It’s clear that…
August 3, 2023
Since its origin in the 1970s, the Earned Income Tax Credit (EITC) has been the premier federal program promoting and rewarding work by low-income adults. As displayed below, taxpayers have devoted rapidly growing resources to the EITC since the 1980s. Overall, between 1975 and 2022, the EITC cost taxpayers a total of $1.8 trillion, which…
July 26, 2023
The disparity between what the federal government collects in taxes and what it spends was never greater than during the pandemic, when annual deficits peaked at $3.1 trillion in 2020. Even today, when the president swears Bidenomics is “working everywhere,” annual deficits exceed $1.5 trillion, and are expected to only grow. One little-noticed driver of record deficits was…
July 19, 2023
President Joe Biden is desperately trying to sell Americans on Bidenomics, but they’re not buying it. Recent polls show only 39% of US adults approve of Biden’s economic leadership, and a majority of the country has disapproved of his overall job performance for almost two years. At this stage of a presidential administration, only Jimmy Carter had…
July 17, 2023
A recently released US Government Accountability Office (GAO) report benignly titled “A Framework for Managing Improper Payments in Emergency Assistance Programs” serves as a forward-looking guide for policymakers responding to future emergencies. It also includes a number of extraordinary facts about how badly government programs were abused during the pandemic. The following highlights what GAO found: 1….
June 30, 2023
With unemployment near record lows and President Joe Biden running for reelection, some Democrats recently offered an unexpected take on the U.S. economy: It stinks, especially for low-income families. During a recent Senate Finance Committee hearing, Sen. Michael Bennet (D-CO) thundered that parents are currently “scraping by … in this savage economy,” burdened with “some of the lowest…
June 27, 2023
If there was something liberals used to hate most about welfare reform, it was policies that promoted more work and smaller welfare caseloads. For example, during debate about 1996 reforms, Sen. Carol Moseley-Braun (D-IL) asked what would happen to families if they didn’t meet proposed work requirements: “Do we put them on trains and send them out West?” Sen. Ted Kennedy (D-MA) said those reforms “can only encourage a…