The Congressional Budget Office released the newest version of its “Budget and Economic Outlook” on Thursday, and the fiscal outlook over the next decade is grim. Spending, taxes, deficits, and the debt are all projected to increase to record levels. Even assuming no new spending is adopted, the government is projected to spend $61 trillion, collect $49 … Continue reading Congress Must Confront Overspending, CBO Report Confirms
Category: Washington
According to a new Axios-Ipsos poll, more than 60 percent of Americans believe the federal government’s response to the pandemic isn’t helping. In fact, they say it’s making things worse. “Sixty-two percent believe the government is making America’s recovery worse, including more than one in three (35%) who say the government is making things much … Continue reading 8 Ways Big Government Botched the COVID Pandemic
In an interview with MSNBC last Thursday, new Commerce Secretary Gina Raimondo spoke highly of the "national security" tariffs that President Trump placed on steel and aluminum imports in 2018 under Section 232 of the Trade Expansion Act of 1962. According to Secretary Raimondo, "[t]he data show that those tariffs have been effective." As my colleague Simon … Continue reading By Supporters’ Own Standards, the Steel Tariffs Haven’t Been “Effective”
President Joe Biden’s administration pledged that at least half of K-12 schools in the U.S. will offer in-person learning at least one day per week within his first 100 days in office. Research using a representative sample of school districts finds that 44% of districts were already offering in-person learning in December 2020, so the administration’s proposal is hardly … Continue reading Unions Are Keeping Students and Teachers Out of the Classroom. Here’s What Lawmakers Can Do About It.
Three actions by the Biden administration could put nearly 10 million American jobs at risk, says Alfredo Ortiz, president and CEO of the Job Creators Network. Ortiz joins “The Daily Signal Podcast” to discuss the economic implications of the Biden White House’s canceling the Keystone XL oil pipeline, rejoining the Paris Agreement on climate change, and … Continue reading 3 Actions by Biden Administration Could Cost Millions of Jobs
“Vaccine passports” are the latest in a long line of unusual terms we’ve all become familiar with over the past year. The Washington Post reports the Biden Administration is working to coordinate a national program that would require citizens to show proof of their vaccine status in order to travel or enter public places, but … Continue reading On Vaccine Passports, Free People Require Free Movement
President Biden’s just-released infrastructure proposal takes a “go big or go home” approach. Its various provisions have been tallied at $2 to $2.25 trillion in total cost, with less than half of that spending going to actual transportation infrastructure—hundreds of billions are instead funneled to “racial and environmental justice,” crony corporate subsidies, public schools, and … Continue reading Biden Is Covering Up True Price Tag of Infrastructure Plan, Experts Warn
Fast on the heels of signing a bloated $1.9 trillion spending package, President Joe Biden has introduced yet another gigantic spending plan. While the administration’s messaging focuses on broadly popular themes such as “jobs” and “infrastructure,” the details of the plan show that it would be a destructive power grab for Washington. Here are just some of the problems with the … Continue reading 9 Things You Need to Know About Biden’s ‘Infrastructure’ Spending Plan
My colleague Scott Lincicome wrote about a NY Times piece that discussed “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.” Scott focused on economic nationalism in the auto sector. I’m going to add a point about different kinds of protectionist measures to … Continue reading Tariffs Are Bad, and Clever‐Sounding Substitutes for Tariffs Are Just as Bad
The United States is headed back to the United Nations Human Rights Council, as announced by Secretary of State Antony Blinken. In his statement, Blinken addresses the body’s failings, but notes that, “the best way to improve the Council is to engage with it and its members in a principled fashion.” While American human rights leadership is … Continue reading Before Rejoining UN Human Rights Council, US Should Commit to Authentic Human Rights
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