Archive for the ‘spending’ Category

Comments Off on Trillion-Dollar Deficits Are Back and Here to Stay

REASON – Budget-watchers have been predicting the return of trillion-dollar deficits for months. That forecast will likely become offical—or as official as these things can ever be—later this week, when the Congressional Budget Office (CBO) releases its annual outlook for revenue and spending. The 2018 Budget and Economic Outlook will be the CBO’s first major […]

Comments Off on Republicans Have Finally Been Revealed as the Party of Fiscal Ruin

REASON – Republicans in Washington have often embraced the idea of fiscal responsibility, and sought to cast themselves as the party of choice for anyone who cares about sound budgeting. This was particularly true during the Obama era, which saw dramatic increases in debt and deficits. Republicans criticized Obama’s budgeting relentlessly, and promised to reverse […]