Budget and Deficit

Members of Congress refer to their just-passed government-funding legislation as the “omnibus spending bill.” But “omni-bust” would better describe it, because it reveals all the ways Congress is busted.

President Trump has proposed replacing part of the food stamp program with a box of nutritious food. The idea is well worth considering, especially as a state demonstration project. 

The city must resist the call for an enormous new investment of taxpayer dollars to facilitate these private entrepreneurial ventures.

The politicization, cronyism and bureaucracy of public pension management is a recipe for disaster.

Republicans claimed they learned their lesson about big-government spending when voters put Democrats in control of the House and Senate in 2007; but it looks like they haven't learned a thing. 

Tax competition is good for economies, just like other forms of competition; and the new tax reform law has made U.S. corporate tax rates competitive again.

Merrill Matthews at the Institute for Policy Innovation tells KTRH it's not so farfetched; that it might 'grease the skids' for deals to get done.

President Trump made a lot of progress in 2017—a lot more than many expected. Now the question is whether his second year can top his first. 

So the corporate tax rate in the conference committee bill is 21 percent, not 20 percent. That’s okay, we’ll get over it!

The “crowd-out effect” of CHIP would be an important lesson to remember as Congress tackles welfare reform next year.