The Deficit Future

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...

More Tariff Pain

 Ana Swanson and Alan Rappeport at NYT: Washing machines, refrigerators and other common household appliances made with steel parts will soon be subject to expanded tariffs, the Commerce Department said Thursday. The department said in a notice that levies would take...

Failed State Update: Overview

Dan Walters at CalMatters: The disappearance of inter-party competition means Democrats have been free to implement their responses to multiple issues spawned by the state’s economic and cultural complexity — such things as erratic water supply, low-performing public...

Failed State Update: Overview

Allysia Finley at WSJ: California is losing jobs—54,800 during the first three months of this year. Valero this month announced plans to close a major refinery, portending gasoline shortages and price spikes. Insurance and electricity rates are soaring. Fifty-four...