Four bills, $2.5 trillion, and still more legislating left to go. The next round of coronavirus legislating appears to focus on the need (or lack thereof) to bailout state and … READ MORE
Budget
Newsflash: DC Resorts To Blindly Throwing Money at a Problem
There is no need to recap all the chilling COVID-19 news here other than to acknowledge that we are charting unprecedented territory. Global economic activity screeching to a halt in … READ MORE
The Major Flaws in How Budget News is Covered
If you know anything about the annual ritual of the presidential budget release you know that it doesn’t really matter. It makes for a noisy news cycle and some political … READ MORE
The Future of the Union
President Trump will deliver his 3rd State of the Union address tonight. He will undoubtedly boast about the strength of the current economy. Unemployment is down, wages are up, stock … READ MORE
Generational Theft Update: Congress Adds Another $20 Trillion to Our Tab
Given how bleak every federal budget update has been over the last decade, it’d be really hard to make it markedly worse. And yet… The latest Congressional Budget Office (CBO) … READ MORE
Congress Hits the Snooze Button…Again
This week Congress hit the snooze button on funding decisions for the 23rd year in a row. Yes, if you were born when this annual punting tradition began, you’d have … READ MORE
General Mattis is Worried About the Direction of Our Country. We Should Be Too.
Former Secretary of Defense and retired Marine Corps General Jim Mattis did a media circuit this week to promote the release of his new book on leadership, Call Sign Chaos. … READ MORE
Trillion Dollar Deficits as Far as the Analysts Can See
This week’s “Update to the Budget and Economic Outlook: 2019 to 2029” from the Congressional Budget Office (CBO) projected that the federal government will hit the trillion-dollar deficit mark in … READ MORE