Reckless spending has been driving Social Security toward a fiscal cliff. Scheduled benefits will have to be cut by 23 percent in 2033 to keep the program solvent. This is the grim conclusion drawn by the trustees of Social Security’s Old-Age and Survivors Insurance and Disability Insurance (OASDI) trust funds, who published their annual report […]
On June 13, approximately 50 detainees at Delaney Hall, a 1,000-bed immigration facility in Newark, New Jersey, managed to push down the wall of a third-floor dormitory room, allowing four to escape. (Three have since been caught). The mini-riot at the facility, which is owned and operated by The GEO Group under a 15-year, $1 […]
For months, Republicans have argued that there’s a glaring flaw in various budgetary projections showing that deficits will significantly increase if Congress passes a major tax cut and spending package. The problem, as they see it, is that initial budget projections of major legislation—like those crafted by the Congressional Budget Office (CBO)—fail to take into […]
Last Thursday, a federal judge in San Francisco issued a temporary restraining order against President Donald Trump’s unilateral deployment of the California National Guard to facilitate immigration raids in the Los Angeles area, saying that takeover was illegal and unconstitutional. Although U.S. District Judge Charles Breyer’s order was stayed the same day by the U.S. […]
President Donald Trump and many of his allies in Congress are making grand claims about the economic growth they say will result from the recently proposed “One Big Beautiful Bill.” Trump has accused critics of not understanding the budget proposal, “especially the tremendous GROWTH that is coming.” A closer examination of the economic realities involved […]
It should be clear by now that, despite the assurances from President Donald Trump and his allies in government, the One Big Beautiful Bill Act—which passed the U.S. House of Representatives last month—not only won’t reduce the federal budget deficit but will in fact increase the nation’s debt load by $2.4 trillion over the next […]
The White House is promising that the “Big Beautiful Bill” will provide a jolt to the economy—but those expectations fail to take into account three direct consequences of the bill that independent analysts believe will sap growth in the long run. White House press secretary Karoline Leavitt and others in the Trump administration have been […]
Sen. Marsha Blackburn (R–Tenn.) introduced a bill Wednesday that would make it a federal felony punishable by up to five years in prison to publish the name of a federal law enforcement officer with the intent to obstruct an investigation. Blackburn unveiled the “Protecting Law Enforcement from Doxxing Act” as masked Immigrations and Customs Enforcement […]
In March, President Donald Trump stood before a joint session of Congress and vowed to “do what has not been done in 24 years: balance the federal budget.” The first major legislative package of Trump’s second term, however, will throw the federal budget farther out of balance, the Congressional Budget Office (CBO) concluded in an […]
The One Big Beautiful Bill Act, which the House of Representatives narrowly approved early in the morning on Thursday, May 22, lives up to its name in at least one respect: It is big, weighing in at 1,037 pages and nearly 200,000 words. Since the bill’s final text was not available until 10:40 p.m. on […]