More Budgets and Deficits Articles

  • Canada shows you can cut government spending

    What's the proper size of government? Here's an article from American Enterprise Institute's The American website citing a study by Canadian economist Livio De Matteo of the free-market Fraser Institute. The bottom line: The optimal government size of maximizing economic growth is 26 percent of...

  • Arizona House delays vote on $9.2 billion budget

    The Arizona House of Representatives on Monday failed to reach a budget deal after hours of tenuous discussions and a called off vote that left a frustrated Speaker Andy Tobin huddled with members of his own party who refused to back a plan he endorsed.

  • Virginia's General Assembly returning for special session

    Democratic Gov. Terry McAuliffe plans to propose a 2 percent raise for state employees when lawmakers return to Richmond on Monday for a special session in which they will try to pass a roughly $96 billion two-year budget.

  • Exclusive interview: Gov. Scott Walker's limited government pragmatism

    Last fall, as the popular history went, Republicans were locked in a civil war pitting Tea Party purists who wanted to stand on principle against pragmatists representing the party's establishment. But this lazy narrative obscured the reality -- there were many Americans who wanted Republicans...

  • The week ahead in economics: Clarifying Janet Yellen, the debt and consumer confidence

    Last week, Federal Reserve Chairwoman Janet Yellen briefly threw off markets with an offhanded remark following the Fed's monetary policy announcement that the first interest rate hikes in more than five years would likely come roughly six months after the Fed's monthly asset purchases have been...

  • Writing a budget might divide House Republicans

    Divisions among Republicans over a budget deal and a shortfall in tax estimates are complicating the House GOP's efforts to advance a spending plan this spring. Party leaders insist the GOP-controlled House is moving full speed ahead to approve one, but it has fallen behind schedule amid concerns...

  • If you want to know how dreadful life in Detroit is ...

    If you want to understand things on the ground in Detroit -- and how woefully the city government fails to provide a basis for civilized life in most of the city's 139 square miles, read this piece by Detroit Free Press Editorial Page Editor Stephen Henderson. It helps to explain why people...

  • Democratic candidates for Pa. governor eye taxes to ease wealth gap

    Under the banner of fairness and equality, the Democratic candidates for governor are proposing a grab bag of changes in Pennsylvania tax laws that would tap wealthy taxpayers and businesses to ease the economic pain of the middle class and the poor.

  • The budgetary treatment of Fannie and Freddie emerges as complication for reform

    A major impediment to the reform of government-run mortgage businesses Fannie Mae and Freddie Mac is a running disagreement about how they should be accounted for on the government’s budget. Fannie and Freddie ultimately received $187 billion in taxpayer funds following their 2008 bailout,...

  • Placing tolls on interstate highways doesn't work

    As Congress debates funding solutions for our national transportation needs, we will hear many suggestions, but tolls on existing interstates should not even be on the table. There is little argument about the need for increased, sustainable funding for transportation infrastructure...

  • House will vote soon on new Paul Ryan budget plan

    The Republican-led House will soon vote on a budget resolution authored by Rep. Paul Ryan, R-Wis., who is likely to propose a plan that cuts taxes and reduces the growth of entitlement programs, including welfare. House Majority Leader Eric Cantor, R-Va., told GOP lawmakers in a Friday memo...

  • Pre-K funding fight causes break in budget talks

    ALBANY, N.Y. — The Legislature's top Republican hastily left budget negotiations Friday complaining that there has been too much emphasis on New York City and Mayor Bill de Blasio when it comes to prekindergarten funding. "So far as I'm concerned, we have a problem right now," Senate...

  • Pentagon spends $2.5 million in Malaysia Airlines plane search

    The Pentagon says it has spent $2.5 million to help in the search for the missing Malaysian Airlines jet. The Defense Department has been flying high-tech surveillance planes to assist in the effort. The spending also includes operating costs for ships that have assisted in the search, which...

  • White House stiffs futures watchdog

    The regulators charged with carrying out a key provision of the Dodd-Frank financial reform law are warning that they don't have enough funding to do the job, but neither the Obama administration nor Washington seems to be listening. Like other federal agencies, the Commodity Futures Trade...

  • Why the U.S. must spend more on defense

    As threats and challenges to America metastasize internationally, the imperative for a dramatically new defense strategy grows ever clearer. Unfortunately, President Obama's remaining three years in office will not meet that objective, as his just-released FY 2015 defense budget reveals. After...



From the Weekly Standard

  • Why the New York Times Poll Is Bogus

    The Arkansas Senate race has been close in virtually every serious poll. The Republican challenger, Tom Cotton, probably had a small lead a month or so ago; after a massive negative assault on him...

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  • Hustle Is Overrated

    The Bryce Harper-Mike Trout showdown is underway and the outcome is, well, inconclusive. In round one Monday night, the Nationals leftfielder walked and went hitless in three at bats while the...

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  • Kennedy’s Question

    We often think of the Constitution as a two-part document: first the original 1787 text, which primarily establishes the government’s structure; and then the amendments, which primarily set...

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