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 […]
Is your home your castle? Not when eminent domain law lets politicians confiscate your property if they claim it’s for “public use.” Politicians say they need the power to take property to build public projects like roads and railroad tracks. OK. Seems reasonable. But now, developers collude with politicians to use the law unfairly, to […]
President Donald Trump has been celebrating in recent weeks as his administration strikes bilateral trade deals following “Liberation Day.” Some products, however, will soon be subject to increased duties, not lower ones. Starting June 30, imports derived from aluminum and steel will be subject to a 50 percent ad valorem tariff. These duties will hit […]
King Charles IÂ (NA) Â Yesterday, there were massive nationwide “No Kings” protests against Donald Trump and his authoritarian tendencies. Like most political slogans, “No Kings” is an oversimplification. But it is in fact true that Trump is repeating many of the abuses of the British monarchs, which precipitated the English Civil War, and eventually the […]
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 […]
People who want a larger, more active state frequently point to their favorite European country (usually a small Scandinavian nation) and ask why America doesn’t provide lots of “free” services like that alleged utopia. The answer is that it could but that wouldn’t necessarily make people happier. The U.S. is a large and diverse country […]