The House-passed "big, beautiful" tax bill is a tremendous achievement and a giant sparkplug for growth. The bill extends all the Trump tax cuts of 2017, thus heading off a $4 trillion tax INCREASE next year. It expands health savings accounts, includes expensing of major capital and research ...
These days it seems that a mysterious group called "the CBO" rules the world, or at least Washington, D.C. Unfortunately, it's not very good at predicting things, and its bad calls can lead to bad policy results. The Congressional Budget Office and the Joint Committee on Taxation predict what ...
Here's an economics lesson that belongs in the textbooks. Student loan debt soared to more than $1.5 trillion during the Biden presidency, and the response by Washington was to "forgive" hundreds of billions of these unpaid loans by deadbeat borrowers and let the taxpayers pick up the tab. It was ...
As the late senator from Washington state, Warren Magnuson, who served for more than 30 years in Congress, once said, "All that each industry seeks is a fair advantage over its rivals." Wilt Chamberlain had a fair advantage on the basketball court because he stood 7-foot-1. It allowed him to score ...
Situated on the outskirts of Sacramento is California's largest master-planned community, McClellan Park. It has homes, offices, restaurants, a hotel and even a 2-mile-long runway that serves jets. But 30 years ago, the location was a starkly different story: an Air Force base that had just been ...
President Donald Trump's record as the deregulation president is nearly unparalleled. In his first 100 days in office, he has already identified hundreds of billions of dollars of potential deregulation savings in the areas of energy, education and housing. Hooray. But some of his new ...
Anyone remember back in 2008 when the housing market collapsed and the stock market crashed, with many tens of millions of Americans seeing their lifetime savings nearly wiped out? Apparently the politicians in Washington are suffering amnesia -- even though it was the worst crash since the Great ...
What is it about politicians in Washington that they just can't stand progress or the thought of anyone getting rich? That's the attitude of many Democrats in Congress as they try to cripple the private equity and venture capital industries with higher tax rates. These financiers are some of the ...
If you haven't watched the Bret Baier interviews on Fox News with Elon Musk and the other executives who have given their time and expertise to exposing the rampant fraud and inefficiency of our federal government, I urge you to do so. It will infuriate you -- and that's what we need right ...
