Budget & Tax News Archives

April heralds two markers in Americans’ financial calendar. Neither brings joy. Their anguish reminds us of the dire need for fiscal reform before it’s...

President Biden Would Make the U.S. a Tax Rate Outlier – Analysis

Heartland Author - April 15, 2024

President Joe Biden proposes raising the corporate income tax rate, capital gains tax rate, and personal income tax rates, among other tax increases. These...

Legislation Introduced to Ensure Feds Pay to Rebuild Baltimore Bridge

Heartland Author - April 12, 2024

(The Center Square) – Lawmakers from Maryland, including the state’s sole Republican representative introduced legislation in Congress to ensure the federal government foots the...

Robert Genetski: This Week’s Inflation Numbers Up

Robert Genetski - April 12, 2024

This week's inflation numbers showed the CPI up, even excluding food and energy, spooking the bond market as stocks held their gains. by Robert Genetski The...

Lessons from Maryland Key Bridge Collapse

Heartland Author - April 12, 2024

Lessons from Maryland Key Bridge Collapse include: fix bridges before they are hit, and have users and insurers pay for safety upgrades. by Robert Poole The...

Denver Set to Defund Police, Firefighters to Pay for Illegal Aliens

Heartland Author - April 12, 2024

The Democratic-run city of Denver, Colorado, plans to defund its police department to pay for illegal immigrants. Denver, which is commonly referred to as a...

Americans Face Rising Gas Prices Again

Heartland Author - April 12, 2024

(The Center Square) – Gas prices are steadily rising around the U.S. again, leaving many cash-strapped Americans struggling to keep up. According to AAA, the...

Nearly $100 Billion in Unspent COVID Relief Money—GAO

Heartland Author - April 11, 2024

Nearly $100 Billion in COVID relief money remains unspent—even though Congress ended the COVID-19 emergency declaration last year. by Joe Lancaster Nearly $100 billion of money...

Big-Government Welfare Crowds Out Beneficial Social Behavior – Analysis

Heartland Author - April 11, 2024

Many of the most important and serious conservative intellectuals today seem to have concluded that criticizing national government welfare policy spending is no longer...

Feds Borrowed $6 Billion per Day So Far This Fiscal Year

Heartland Author - April 11, 2024

(The Center Square) – The U.S. federal government has borrowed about $6 billion per day so far this fiscal year with little indication of...

Veronique de Rugy: America’s Fiscal Ethos: From Alexander Hamilton’s Day to Our Own

Heartland Author - April 11, 2024

Washington Post columnist Megan McArdle recently wrote that the best argument made in favor of limiting the size of the stimulus during the Great...

The High Cost of War: Ukraine Aid Could Top $240 Billion – Analysis

Heartland Author - April 10, 2024

To date, the US has committed about $114 billion in Ukraine‐related emergency funding, equivalent to the combined 2023 budget for the Department of Homeland...

Inflation Speeds Up in New Federal Data

Heartland Author - April 10, 2024

(The Center Square) – Consumer prices continued to rise at an elevated rate in March, according to newly released federal inflation data. This marks...

States File Suit to Block Biden’s Student Debt Forgiveness Plan

Heartland Author - April 10, 2024

(The Center Square) – A coalition of states has filed a legal challenge to President Joe Biden’s latest executive effort to forgive a portion...

John Stossel: A Ban on Freelance Work

John Stossel - April 10, 2024

The Labor Department just imposed 300 pages of new regulations to reclassify many individual contractors as payroll employees. CNBC claims this could help freelancers "recover...

Biden Knows Student Loan Cancellation is a Bad Idea – Analysis

Heartland Author - April 9, 2024

This morning, President Biden announced new details about the latest effort to cancel student debt that he says will reduce balances or completely cancel student debt...