Saturday, April 27, 2024

Ballooning Federal Debt Showcases Need For Entitlement Reforms

More news of the federal government’s finances, courtesy of the Congressional Budget Office, shows that the costs of all that profligate spending are really...

Congress Must Stop Putting Off Solving The Debt Crisis

Back in the dreary world of fiscal policy, there’s more grim news about the federal debt. According to a Bloomberg analysis, annual debt service...

Another Government Shutdown May Have Long-Term Implications On U.S. Fiscal Health

As the political class slinks almost inevitably towards a government shutdown, there will be consequences far beyond simply closing down national parks and assorted...

Finally – Some Republicans Treat Entitlement Reform Seriously

A key element of the political theater surrounding the debt ceiling debate back in the spring was the agreement between the two major parties...

The Painful Entitlement Remedy Neither Party Is Willing To Tackle

Congress may have ducked any discussion of entitlement reform in the June budget agreement, but there are a few bills under discussion that intend...

McCarthy’s Backroom Deal (Likely) Confirms Our Greatest Fears

Just in case we forgot: Congress is busy working on spending bills for next year’s federal budget. While the worthies are supposed to mute...

GOP Debt Deal Already Needs Revisiting

The deal brokered between congressional GOP leaders and the Biden administration to avoid a debt ceiling debacle included a few headline issues that were...

Congress’ Debt Debate Is Far From Over

The spending and debt fight of a few weeks ago is not over, and that’s because the hard work of creating, debating, and then...

Freedom Caucus Hasn’t Seriously Addressed Debt Crisis Either

On Capitol Hill, the political fallout from the recent debt ceiling deal continues, as the House of Representatives ground to a halt in the...

Bannon Declares War On House Republicans, Wants Primaries For Jim Jordan And MTG

Steve Bannon has demonstrated a willingness to go scorched-earth on House Republicans in his quest for a pure MAGA movement. But on Monday's episode of...

How Both Parties Might Renege On The Debt Ceiling Deal

Official Washington is generally proud of itself for having reached an agreement to avoid an entirely avoidable economic catastrophe. The debt limit has been...

Calling Out GOP Hypocrisy When It Comes To Military Spending

With federal spending still on a lot of people’s minds, it’s worth noting another section of the budget deal between House Republican leaders and...

Disgruntled Colleagues ‘Threaten’ McCarthy (Sorta). Welcome To High School…Er, Congress.

The budget deal brokered between House GOP leaders and the Biden administration proposes very modest spending restraint, even as it removes the possibility of...

Reasonable Politicians Take Victory Lap. Is The ‘Inevitable’ Still Coming?

Whatever worries political and market observers may have had about the House’s ability to approve the debt ceiling deal were firmly and unmistakably answered...
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