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: , , ,

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….
Read More »

The post The Treasury’s Debt Ceiling Shell Game appeared first on The Beacon.

Tags: ,

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: , , , , , ,

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: , , ,

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: , , , , , , , , , , ,

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: , , ,

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: , ,

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: , , , , ,

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: , , , , , , , , ,

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: , , , , , ,

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: , , , , , , , ,