By: George Will – washingtonpost.com – February 17, 2023 In his State of the Union address, President Biden had thoughts about almost everything, even unto the crisis of hotel “resort fees.” He was, however, parsimonious with words — just a three-word boast about “reducing student debt” — concerning his policy of student loan forgiveness. His reticence about unilaterally spending, by executive fiat, about  $400...

By: Daniel J. Pilla – nationalreview.com – January 27, 2023 In what is certainly the shortest bill regarding federal revenue that I’ve ever seen come out of the House of Representatives, the House voted to rescind much of the $80 billion funding granted to the Internal Revenue Service (IRS) by the Inflation Reduction Act of 2022. The bill, H.R. 9092, known...

By: The Editorial Board – wsj.com – Feburary 15, 2023 The nearby table shows how far the Biden revenue and outlay numbers exceed the U.S. historical norm. Revenues last year hit 19.6% of GDP, far above the 17.4% average over the last 50 years, and a share of the economy reached only in 1944, 1945 and 2000. The overall federal...

By: The Editorial Board – wsj.com – Feburary 14, 2023 The inflation rate for the last 12 months fell to 6.4%, which continues the trend of recent months after it reached a peak of 9.1% in June. But inflation remains stubbornly high and suggests that the Federal Reserve has been right in saying that it has more work to do....

It’s just a matter of how long the U.S. Government can stall before the bill finally comes due. Let’s start with the math. The U.S. national debt now exceeds $31.5 trillion. Source: There’s Going to Be Hell to Pay › American Greatness

By: The Editorial Board – wsj.com – February 9, 2023 President Biden boasted during his State of the Union address about cutting the deficit by a record $1.7 trillion. His putative conversion into a born-again deficit cutter is belied by this week’s Congressional Budget Office federal budget report for January, which shows the deficit has doubled in the first four...

By: Mark P. Mills – wsj.com – February 1, 2023 Mr. Kara, a professor of human trafficking and modern slavery at Nottingham University and a senior fellow at Harvard’s School of Public Health, labels himself an activist. His journeys through the Congo’s jungles and mines are surprisingly reminiscent of the country’s 19th-century explorers, as he treks where few others have dared and...

New York Times reporter Stephania Lai has recently published a helpful and revealing story about Congress’s new-found, bipartisan embrace of earmarks. Republicans banned them for a while, but Democrats brought them back. Now both parties are drinking from the public earmark trough.

One of the best things about living in Texas is that we have a somewhat larger-than-average state sales tax but no state income tax.

Now if they can remember the lessons from 2011 and 2013 they should be in a good position to repeat that victory.