by jpitney | Aug 12, 2025 | Budget
Elizabeth Elkind at Fox: House GOP fiscal hawks have requested tens of millions of federal dollars for projects in their home districts for fiscal year 2026, an analysis by Fox News Digital has found. It’s common practice for congressional lawmakers to request...
by jpitney | Jul 31, 2025 | Budget, Economic Policy, Trade
Jessica Riedl at WP: [E]conomists generally agree that trade wars harm long-term economic growth by limiting consumer options, raising costs, reducing investment capital and killing jobs in industries that suffer from foreign retaliation. This slowdown in the growth...
by jpitney | Jul 20, 2025 | Budget, California Politics
Dan Walters at CalMatters: When Gov. Gavin Newsom and legislative leaders were drafting a more-or-less final 2025-26 state budget last month, they were closing what they described as a $12 billion deficit, a number that the state’s media repeatedly cited. It...
by jpitney | Jun 18, 2025 | Budget, Debt, Economic Policy
CBO: The Congressional Budget Office and the staff of the Joint Committee on Taxation (JCT) previously reported that H.R. 1, the One Big Beautiful Bill Act, as passed by the House of Representatives on May 22, would increase the primary deficit by $2.4 trillion over...
by jpitney | Jun 10, 2025 | Budget, Bureaucracy, Volunteering
Judge Deborah L Boardman, :Case 1:25-cv-01363-DLB Document 148 Filed 06/05/25 AmeriCorps is the nation’s national service agency. AmeriCorps operates national service programs and funds service programs operated by states, local governments, nonprofits, and...
by jpitney | May 14, 2025 | Budget, Congress, Debt
Congress is getting ready to increase the federal debt. Yuval Levin: Just continuing existing tax policy would drive the federal debt well beyond 200 percent of the size of the economy over the next 30 years, according to the Congressional Budget Office. By that...
