A Monday speech by House Speaker Kevin McCarthy (R–Calif.) and proposals President Joe Biden is expected to float in tonight’s State of the Union (SOTU) address highlight the impasse Republicans and Democrats find themselves in over spending and debt. They also highlight absurdities in both parties’ negotiating positions. Biden wants to increase the U.S. debt […]
In this week’s The Reason Roundtable, editors Peter Suderman, Katherine Mangu-Ward, Nick Gillespie, and special guest Eric Boehm delve into policing and violence in the wake of the video release showing Memphis police killing Tyre Nichols. 0:30: Tyre Nichols killed by Memphis police 23:37: The ongoing debt limit drama 36:31: Weekly Listener Question 44:55: Sending […]
The first major test for the new Republican majority in the House is the looming crisis involving the debt ceiling, which GOP lawmakers say they won’t vote to raise unless Democrats, including President Joe Biden, agree to cut spending. And the first major test of whether Republicans are serious about cutting spending is their ability […]
As part of a deal struck between House Speaker Kevin McCarthy (R–Calif.) and the fractious House Freedom Caucus, Republicans in Congress have pledged to return federal discretionary spending to 2022 levels. As a practical matter, that would require cutting about $130 billion out of the federal budget next year. But it’s probably more useful to […]
Watching a good idea enter the corridors of government is like dropping a seed into a desert: There’s so much potential there, with virtually no chance of taking root. So it is with a proposal in the House of Representatives to overhaul the tax system and, importantly, abolish the abusive and intrusive Internal Revenue Service. […]
Watching a good idea enter the corridors of government is like dropping a seed into a desert: There’s so much potential there, with virtually no chance of taking root. So it is with a proposal in the House of Representatives to overhaul the tax system and, importantly, abolish the abusive and intrusive Internal Revenue Service. […]