Two key federal reports and one important legislative proposal were recently released.

The CBO says the deficit will grow to $1.8 trillion in 2025, return to $1.6 trillion in 2026, and then begin steadily increasing to $2.6 trillion by 2034.

Biden’s economic policies gave us three years of excessive, wasteful, and poorly targeted federal spending.

Economic growth. Lower inflation and interest rates. A bull market. Why do so many voters buy the GOP’s refrain that President Biden ruined the economy?

A new Harvard analysis finds people across income levels got squeezed by rent hikes during the pandemic. The market has lost millions of low-rent places, and new construction is mostly high-end.

He has to dig himself out of three holes if he has any chance to beat Donald Trump.

By: The Editorial Board – wsj.com – January 19, 2023 After winning the Iowa caucuses Monday, Mr. Trump replayed a golden oldie of a campaign pledge: “We’re also going to pay off the national debt. It’s about time.” He said the same thing in 2016, before he added about $8 trillion to the tab. Roughly half of that was Covid...

By: Phil Gramm and Donald J. Boudreaux – wsj.com – January 17, 2023 The evidence shows they benefited a politically connected few, while U.S. consumers and producers paid the bill. But protectionism shrinks rather than expands production. It does so most directly by obstructing U.S.-based producers’ access to inputs. As Dartmouth’s Douglas Irwin has shown, more than half of American imports...

Like green shoots poking up through snow in early spring, more signs of resistance are emerging every day. We may be witnessing a massive rejection of the grim future fashioned for us by ruling elites, whose narrative of radical change is collapsing. Americans are not buying what they’re selling.

By: Charles C. W. Cooke – nationalreview.com – January 9, 2024 Governor Josh Shapiro of Pennsylvania seems to have worked out what ought to have been entirely obvious to everyone lo these many years: That the easiest way to defeat the silliest people within our society is simply to tell them “No.” Having learned that the Biden administration intended to...