Budget and Deficit

Democrats want to impose price controls on prescription drugs, even though Medicare's long history of price controls shows that they don't control spending.

Another big-spending budget deal, where Republicans claim they'll do better next time—though "next time" never seems to come.

Overhauling Medicare’s Part D drug benefit would be a colossal — and costly — mistake.

The SECURE Act will prevent you from using your IRA to bless your children and grandchildren. It would be an ominous precedent.

Immigrants may currently be a net asset to the economy, but under the Democratic presidential candidates' proposals they will surely be a net cost.

Some think Puerto Rico has been shortchanged. The numbers tell a more nuanced story.

As the widening U.S. budget deficit shatters records, in part due to increased Social Security spending and interest payments on the national debt, a new book available today through Amazon’s Kindle store says Congress must address the cost of the nation’s exploding entitlements and walk America back from the fiscal cliff.

This week’s Treasury Department numbers show that the budget deficit has skyrocketed 77 percent, in part because of increased Social Security spending and interest payments on the national debt. A new book says Congress must address the cost of the nation’s exploding entitlements and walk America back from the fiscal cliff.

The national debt has soared to a record high of $22 trillion and a debt limit deadline is looming. The most significant factor contributing to this out-of-control spending is the cost of the nation’s entitlement programs, more than 60 percent of all federal spending. This level will only grow unless Congress takes steps recommended by a new book, “On the Edge: America Faces the Entitlements Cliff.” 

Letter to Congress urging members to preserve and strengthen the users-pay/users-benefit highway funding principle and to establish a nationwide, interoperable mileage-based user fee pilot program.