Debt: $35T

Alan Rappeport at NYT: America’s gross national debt topped $35 trillion for the first time on Monday, a reminder of the nation’s grim fiscal predicament as legislative fights over taxes and spending initiatives loom in Washington. The Treasury Department noted the...

Tariffs Are Bad

 Phillip W. Magness at Cato: James Madison viewed tariffs as necessary to raise revenue but was caught off-guard by early attempts to enact tariffs for industry protection. Alexander Hamilton and Henry Clay supported the use of tariffs to stimulate infant industries....

The Idea of America

Jessica Gavora at The Atlantic: The notion that America is an idea has always lifted up our country, and for good reason. The fact that America was founded on the principles of the Declaration of Independence and the governing limits of the Constitution makes us...