Stacking the Political Deck to Fix a Non-Existent Transportation Crisis
The next big-ticket item on Joe Biden’s wish list is an infrastructure program. And not just any infrastructure program, but one that will cost trillions of dollars. To help grease…
Stagflation Could be on the U.S. Economic Horizon
Federal Reserve Board chairman Jerome Powell made it clear there will be no change in monetary policy for the foreseeable future. In a Wall Street Journal op-ed, Powell wrote that…
Biden’s Sales Job Can’t Obscure Government Failures
While President Joe Biden is busy trying to sell the public on the idea that government can deliver for them, a more candid view of what government offers comes from…
Report: IRS Moves Tax Filing Deadline to May 17
The Internal Revenue Service is moving the tax filing deadline from the traditional April 15 to May 17. The move comes as the agency is still struggling to process returns…
The New Era of Big Government is Underway
In his 1996 State of the Union address, then-President Bill Clinton proclaimed that the “era of big government is over.” It was a rhetorical flourish then, intended to make Democrats…
Tax on Financial Transactions Would Punish New Generation of Retail Investors
Legislation introduced in the House of Representatives aims at imposing a tax on financial transactions – the buying or selling of stocks, bonds and derivatives – in order to curb…
New Round of Stimulus Payments Left Open to Debt Collectors
The American Rescue Plan is handing out $1400 checks to millions of Americans. But for some, that money may end up in the hands of debt collectors. Congress did not…
Biden Proposing First Major Tax Hikes Since 1993
Fresh off the passage of its $1.9 trillion “American Rescue Plan,” the Biden administration is readying a new, even larger package of spending initiatives on infrastructure, climate change, and more….
Earmarks Poised for a Comeback
House Democrats are openly pushing for the return of earmarks – the special spending requests from individual members that were abolished in 2011. The reason for bringing them back? Supposedly,…
The $1.9 Trillion Relief Package Could Add Trillions More to the Debt
The $1.9 trillion relief package Democrats are sending to the president’s desk for approval isn’t just a potential inflation catalyst. It could also add upward of $4 trillion to the…