CBO
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Gloomy forecasts are becoming ubiquitous, lending credence to the view that economics is the dismal science.
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Budgets/Taxes
Is a Financial Crisis Inevitable?
by Barry Poulson and John Merrifield August 23, 2018How debt is shaping up to be our undoing.
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Budgets/TaxesEnvironment/EnergyFeatured
Here’s Why Congress and Think Tanks Think a Carbon Tax Would be Disastrous
by H. Sterling Burnett June 6, 2018House Majority Whip Steve Scalise, R-La., and Rep. David McKinley, R-W.Va., recently introduced a resolution that explains why a carbon tax would harm the economy and why it should not be enacted
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Budgets/Taxes
Closing The Debt-Driven Fiscal Gap Just Got A Lot Harder
by Barry Poulson and John Merrifield April 24, 2018Since 2005, the Congressional Budget Office has published an annual report on the long-term sustainability of U.S. fiscal policies.
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Budgets/TaxesHealth Care
With Tax Reform, Congress Missed an Opportunity to Fix Original Sin of US Health Care
by Charles Katebi February 21, 2018With the passage of the Tax Cut and Jobs Act in late 2017, Republicans implemented far-reaching tax cuts that will allow tens of millions of families to keep more of their own money and made a number of long overdue changes to the nation’s tax code.
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Budgets/TaxesEconomics
The Debt Ceiling Hysteria and Profligate Government
by Richard Ebeling February 9, 2018Once again, the financial fears have been ratcheted up due to recent announcements by the U.S. Treasury Secretary, Steven Mnuchin, and the Congressional Budget Office (CBO) that by the middle of March 2018 the Federal government will have run out of room to continue borrowing due to the official debt ceiling.
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Climate ChangeEnvironment/Energy
Transparency Critical to Getting Science, Regulations Right
by H. Sterling Burnett August 29, 2017Federal and state governments pass a massive number of new rules and regulations each year, imposing billions of dollars in costs on individuals and businesses.
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Budgets/Taxes
Our Debt Crisis Calls for a New Fiscal Paradigm
by Barry Poulson and John Merrifield August 23, 2017In the coming weeks, Congress will again debate increasing the debt limit.
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Budgets/TaxesHealth Care
Guest Article: On Spending, Is Rand Paul the Last Man Standing?
by Billy Aouste February 21, 2017Sen. Rand Paul (R-Ky.) was the only legislator to vote against Senate Concurrent Resolution 3, which sets the framework for budget negotiations in the 115th Congress.
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Budgets/TaxesEnvironment/Energy
Trump’s Too Smart to Fall for Harmful Republican Establishment Tax Plan
by H. Sterling Burnett February 17, 2017Some old-guard Republicans are floating the idea of a national tax on carbon-dioxide emissions.
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Budgets/TaxesFeaturedPolitics
Speaker Ryan Leads Republicans To A Better Way
by Peter Ferrara November 22, 2016While President-Elect Donald Trump was blazing a new electoral trail for Republicans, few noticed that Speaker Paul Ryan was organizing his House Republican majority to blaze new policy trails.
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Environment/EnergyFeatured
There Is No Good Time for a Carbon Tax
by H. Sterling Burnett July 22, 2016June 10, 2016, the U.S. House of Representatives passed a resolution sponsored by Rep. Steve Scalise (R-LA) saying a carbon tax would harm the economy and should not be enacted. The 237–163 vote in favor of the resolution included only six Democrats, who joined the entire Republican caucus.
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Budgets/TaxesFeatured
America’s National Debt Bomb Caused by the Welfare State
by Richard Ebeling February 10, 2016The news is filled with the everyday zigzags of those competing against each other for the Democrat and Republican Party nominations to run for the presidency of the United States. But one of the most important issues receiving little or no attention in this circus of political power lusting is the long-term danger from the huge and rising Federal government debt.