January 25, 2023 9:01 pm
Social Security Is on the Brink of Collapse. The GOP Won’t Touch It.
In 1950, there were more than 16 workers for every beneficiary. In 2035, that ratio will be only 2.3 workers per retiree.
Tags: Congress, debt, Democratic Party, economics, entitlements, Free Markets, Government, Government spending, policy, Politics, poverty, REASON, Republican Party, Social Security, Supreme Court, taxes
January 24, 2023 12:15 pm
Government Watchdog Finds $60 Billion in Pandemic Unemployment Fraud, Suggests Maybe Doing Something About It
Despite multiple warnings in the past, the Department of Labor has yet to implement a comprehensive strategy for detecting unemployment insurance fraud.
Tags: fraud, Government spending, Government Waste, REASON
January 23, 2023 2:49 pm
Where Does Big Tech End and Government Start?
Plus: It’s National School Choice Week.
Tags: censorship, education, First Amendment, free speech, Government spending, REASON, School Choice
January 23, 2023 10:52 am
The Treasury’s Debt Ceiling Shell Game
The U.S. government has once again smacked into the national debt ceiling. Technically, that means the U.S. government can’t borrow more than the $31.4 trillion previously approved by the U.S. Congress. But in practice, what it means is that the U.S. Treasury will start playing a shell game called “extraordinary measures” with the funds it controls….
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The post The Treasury’s Debt Ceiling Shell Game appeared first on The Beacon.
Tags: BEACON, Government spending
January 23, 2023 9:05 am
Donald Trump and J.D. Vance Say No Cuts for Social Security. That’s Impossible.
Social Security benefits will be cut automatically in less than a decade unless Congress shores up the program before it hits insolvency. Ignoring that is not a solution.
Tags: Congress, entitlements, Government spending, REASON, Senate, Social Security, taxes
January 22, 2023 4:30 am
Virginia Is Considering 4 Different School Choice Bills
At least four different bills are before the General Assembly that would empower parents to use education funds in ways they see fit.
Tags: education, Government spending, REASON, School Choice
January 18, 2023 9:01 pm
The GOP’s Current Plan To Cut Spending Is a Political Failure
Social Security, Medicare, and Medicaid are still the chief drivers of our future debt. But Republicans aren’t touching them.
Tags: budget, Congress, debt, Democratic Party, Department of Energy, entitlements, FDA, Government spending, health care, REASON, Republican Party, Social Security
January 18, 2023 9:35 am
Pentagon Can’t Account for $220 Billion of Gear Given to Contractors
The actual total is probably higher according to the Government Accountability Office’s new report.
Tags: Government spending, Government Waste, military, REASON
January 17, 2023 9:30 pm
No, Recycling Will Not Save the Environment
Despite what you may have heard, many “recyclables” sent to recycling plants are never recycled at all.
Tags: Climate Change, Government spending, REASON
January 13, 2023 12:30 pm
Cutting Government Back to Last Year’s Size Shouldn’t Be ‘Impossible’ or ‘Severe’
Taking stock of the utterly unserious fiscal policy discourse in Washington.
Tags: budget, Congress, Government spending, REASON
January 13, 2023 4:00 am
Whatever the Fate of the Fair Tax Act, Congress Should Still Abolish the IRS
Getting rid of the much-despised tax agency would be a good idea. It’s unlikely to happen anytime soon.
Tags: budget, Congress, Government spending, IRS, REASON, taxes
January 12, 2023 12:40 pm
To Win the Speakership, Kevin McCarthy Had To Promise To Cut Spending. Good.
While some Republicans may have had misguided motivations, a few disrupted McCarthy’s campaign in order to enact fiscal restraint. Their colleagues were fine with business as usual.
Tags: Congress, debt, Democratic Party, Government spending, investment, Politics, REASON, Republican Party, Social Security, taxes
January 12, 2023 8:00 am
The Best Inflation News This Week Actually Came Out of Congress
Inflation fell to 6.5 percent in December, but new House rules ensure that Congress will have to consider the inflationary impact of future spending bills.
Tags: Congress, economics, food, Government spending, Inflation, Politics, REASON
January 11, 2023 3:58 am
7 Reasons High Inflation Isn’t Likely To Go Away Any Time Soon
The people who have created American misery are the same people in charge of solving it. That’s going to go well.
Tags: Congress, economics, Federal Reserve, FEDERALIST, Free Markets, Government spending, Inflation, Recession, Welfare State