The danger of soaring debt is that—much like global warming—by the time you can directly feel its effects, it is too late to address them without significant pain.
Brian Riedl is a senior fellow at the Manhattan Institute and author of the new report “A Comprehensive Federal Budget Plan to Avert a Debt Crisis.” Follow him on twitter @Brian_Riedl.
Before hiking taxes on the wealthiest Americans, start by slashing the spending that goes to them.
The Democrats always lard these emergency spending bills with things that have nothing to do with the emergency—and that may bring new trouble down the road.
Liberals are already attacking the Senate majority leader as obstructionist. In fact, he has a long history of cooperating with Democrats.
Operation Warp Speed was a good idea. The CARES Act made a real difference. And yes, incomes rose across the board. Liberals ignore these facts at their peril.
From student loan forgiveness to health care, Democrats’ proposals will really benefit the upper middle class far more than the working class and poor.
Under new pressure, Sanders released a document claiming to show how he pays for everything. It doesn’t come close.
She deserves credit for finally producing a plan for that. But even if the numbers added up—and they don’t—it might well tank the American economy.
Elizabeth Warren is due for some no-nonsense questions on Medicare for All (and so is Bernie Sanders). Here they are.
The CBO just delivered some bad budget news. Not a great time to go pouring $42 trillion in spending gas on the fire.