House Democrats are proposing a temporary but massive $34 billion increase in subsidies for ObamaCare plans. The proposal would offer its largest subsidies to high‐income earners. It would offer more subsidies on behalf of men than women. It would cover few previously uninsured individuals, and at a very high cost. Perhaps worst of all, in the name … Continue reading ObamaCare: Democrats Promise Throwing $36 Billion at Health Insurance Companies Will Work This Time
With COVID-19 ravaging the country and government pandemic lockdowns devastating our economy, the national debt has understandably slipped to the back of many Americans’ minds. But the federal government continues to fall deeper into the red at a dramatically accelerating rate. Free-market economists interviewed by FEE warned that we can’t continue like this forever without … Continue reading Economists Warn We Can’t Keep Ignoring the National Debt Forever
Since the start of 2021, debates about hosting sites, web services, and social media bans have drawn attention from all sides of the spectrum with some calling foul, citing free speech concerns, while others attest that it is simply warranted ownership control. We have a love-hate relationship with technology that is confounded by ever evolving … Continue reading Why Competition Is the Antidote to Big Tech’s Bad Behavior, Not Politicians
Uncle Sam hit a budget deficit of $163 billion in January, a record high for the month and a $130 billion hike from the deficit in the same month last year. This does not bear well for America’s fiscal health. Not only that, but for the first four months of the 2021 fiscal year, the budget shortfall … Continue reading We Can’t Just Focus on Public Health. Fiscal Health Is Also Vital to Our Nation’s Future.
The New York Times [ Feb. 11] provided an in-depth look at the Biden White House's plans to "transform the economy" through "dramatic interventions to revive U.S. manufacturing" - heavy on economic nationalism, industrial planning, and manufacturing jobs. If that approach sounds familiar, it should: it's essentially the same gameplan that Biden's predecessor used, with the only major … Continue reading Will Biden Repeat Trump’s Automotive Mistakes?
President Biden has abandoned bipartisan compromise and pushed full-steam-ahead to pass his entire sweeping $1.9 trillion COVID-19 spending package. The president’s proposal includes $1,400 “stimulus” checks for more Americans, $350 billion to bail out state and local governments, a renewal of super-charged unemployment benefits through September, money for vaccine distribution, a federal $15 minimum wage, … Continue reading Economists Slam Biden Stimulus as ‘Economically Unjustified’ Plan That ‘Incentivizes Unemployment’
Congress is moving full steam ahead on ramming through a bloated, wasteful, and debt-exploding $1.9 trillion legislative package. Although it’s supposedly justified by the COVID-19 pandemic, most of the spending is designed to appease progressive ideological causes and politically connected interest groups. A prime example is the $57.5 billion currently earmarked for various parts of the transportation industry. While … Continue reading Call Transportation Bailouts What They Are: More Welfare for Labor Unions
President Biden seems determined to pass his “American Rescue Plan” without any Republican votes. It’s $1.9 trillion or bust, he says, on top of the unprecedented $3 trillion coronavirus relief bill from March and another $900 billion in December, some of which still hasn’t been spent. In fact, Republicans don’t have the clout to stop … Continue reading How Is Biden’s Covid Relief Bill like the Patriot Act?
Two Democratic senators—Sens. Joe Manchin of West Virginia and Jon Tester of Montana—who initially voted in favor of a Republican amendment reversing President Joe Biden’s cancellation of the Keystone XL pipeline later reversed themselves and voted with other Democrats to kill the amendment. Both Tester and Manchin voted late [Feb. 4] for the amendment from Sen. Steve Daines, … Continue reading 2 Senators Flip-Flop on Keystone XL Pipeline, Thwarting GOP Bid to Save It
As President Joe Biden issued more than 40 executive actions with less than a month in office and Democrats took control of Congress, Republican attorneys general in the states appear poised to be the strongest check on overreach by the federal government.