government spending

John Stossel

Opinion: Lessons from Venezuela

Democrats say President Joe Biden won “a strong mandate.” His government can do all sorts of good things! I don’t believe he has a mandate, but thanks to the selfishness of former President Donald Trump, Democrats control Congress, and that may give them power to shove their worst ideas down our throats. Those include: No.

Opinion

Opinion: Inflation Fears are Justified, But There’s No Reason to Panic (Yet)

For three consecutive months, the Consumer Price Index has revealed above-average annual inflation rates not seen since 2008. Understandably, Americans are nervous. Prices are rising and the Federal Reserve was caught by surprise. Many of the same public officials who have, for years, insisted that inflation should be higher are now scrambling to assure Americans

Economy

Opinion: Congress Should Avoid Spending-Induced Inflation

As the country emerges from the lingering pandemic, the U.S. economy is rebounding and revved-up for a 2021 boom. Texas and Mississippi are among states to recently lift business restrictions broadly—a trend others will likely follow in the weeks and months ahead. Unshackling businesses and giving consumers the thumbs-up to resume usual commerce will unleash

Opinion

Opinion – Young Taxpayers, Please Don’t Read This: Some Big Tax Bills Are in Your Future

Our country possibly needs an Ernest Hollings or a Bill Proxmire, legendary senators who battled overspending. That’s because the idea of the big-spending federal government, an apparently bi-partisan Keynesian idea that huge government spending always creates prosperity, is hugely popular. Congress and the Biden administration are pushing a new nearly $2 trillion stimulus spending package.

Financial

Support for Biden’s $1.9 trillion coronavirus relief package may not be as broad as it seems – it’s all a matter of perspective

Government spending bills that cost billions or trillions of dollars can seem abstract. Siri Stafford/DigitalVision via Getty Images Aaron Saiewitz, University of Nevada, Las Vegas and M. David Piercey, University of Massachusetts Amherst CC BY-NC-ND Congress is on the verge of spending US$1.9 trillion to provide additional coronavirus relief to Americans, including $1,400 direct payments

U.S. Government

Senator Rand Paul’s annual Festivus Report highlighting federal waste in the budget

Each year, Senator Rand Paul puts together a report on the wasted spending in the Federal government. This year’s edition (2020) highlights $54,746,524,505.37 of totally wasted money. The Top Ten of 2020: Despite spending 15 years and billions of dollars, American counternarcotics efforts in Afghanistan are ineffective (Foreign Aid). The Fish and Wildlife Service is

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