This week, President Trump will sign into law the 79th debt ceiling extension since 1960. For decades, the debt limit - the statutory limit on federal debt - served as … READ MORE
Debt
The Missed Opportunity of the Budget Control Act
With the expected passage of the Bipartisan Budget Act of 2019, the era of discretionary spending caps put in place by the Budget Control Act of 2011 will come to … READ MORE
Everything You Need to Know About This Week’s Big Budget Deal
8/2 Update: The House and Senate have both passed the Bipartisan Budget of 2019, sending it to the President's desk where he is expected to sign it. President Trump’s tweet … READ MORE
Congress Flips the Script on the Debt Ceiling Debate
In the parlance of Capitol Hill, some things are repeated so often that they are just regarded as fact without even thinking about it. A primary example of this is … READ MORE
The New Taxation Without Representation
"No taxation without representation!" It’s a phrase that every grade school student learns when studying America’s grievances with their British rulers on the path to independence. The phrase was a … READ MORE
Three Facts About Our Future That Every Young American Needs to Know
The political news this week was dominated by the first of thirteen hundred, give or take, Democratic primary debates. The massive democratic scrum will undoubtedly continue to dominate the news … READ MORE
Fiscal Responsibility Gets Swatted Down by Leaders in Both Chambers
It was a short week in Congress. Just long enough for both chambers to remind the American people that they do not care about the interests of future generations. Let’s … READ MORE
Big Spenders Trick Everyone into Another Budget Blowout
If a child sneaks into the cupboard to eat a whole sleeve of cookies, do they have the right to reject two cookies for dessert as insufficient from now on? … READ MORE