Tag: spending
The Biden Budget: Pandemic Spending That Never Ends

President Biden released his first budget proposal on Friday, May 28, 2021. Just ahead of the Memorial Day Holiday weekend. That wasn’t a mistake. The timing is part of a well-established practice by politicians called a Friday news dump. If they know the news is bad for them, they dump it on Friday, when...
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Logrolling Fills COVID Relief Bill With Waste

The latest example of how professional politicians generate costly waste on Capitol Hill just became official. Shortly after a number of COVID-19 relief measures passed earlier in 2020 as part of the CARES Act expired, President Trump signed a $2.3 trillion spending bill to extend them. The spending bill combines $900 billion of COVID-19...
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Populism Is Far From Over

Many people overseas infer from President Trump’s electoral defeat that most Americans are finally fed up with populism. They miss the fact that populism is just as powerful in the Democratic Party as it is in the Republican Party and that Trump got some 70 million votes. Populism has been a defining trait of...
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A Coronavirus Spending Scandal

Seven months ago, the U.S. Congress rushed to pass the CARES Act, a $2 trillion emergency spending package that funded hundreds of coronavirus relief programs meant to help regular Americans cope with the impact of the pandemic. The coronavirus pandemic has proven one thing about that spending: The federal government is not very good...
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The Silence of the Deficit Hawks

The U.S. government did something in August 2018 that it has never done before. It spent $433 billion in taxpayer and borrowed dollars in a single month!

Surprise! Health Care Bill “Likely to Top” $1 Trillion “Budget”

Obama’s promised “unofficial budget” of $1 trillion over 10 years for his health care overhaul has already been busted, according to this AP story today: Spending not accounted for in its original estimates could bring the total price tag for the healthcare reform law to more than $1 trillion, according to the Congressional Budget...
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