Budget & Tax News Archives

Interest rate for short-term bank borrowing is −5 percent (after inflation), but the Federal Reserve shrank monetary base nearly $1 trillion this year. Is the...

Recession Has Arrived, Commerce Data Shows (Commentary)

Heartland Author - September 29, 2022

Recession has arrived, as Commerce Department data confirms: the U.S. economy shrank in the first half of 2022. Newly released data from the Commerce Department...

IRS Sent $1.1 Billion in Child Welfare Payments to the Wrong People (Commentary)

Heartland Author - September 29, 2022

In the first five months of sending expanded child welfare payments to American families, the IRS wasted only about $1.1 billion. In other words, this might be...

Occupational Licensing Raises Barriers, Not Quality (Study)

Heartland Author - September 29, 2022

Occupational licensing raises barriers, not quality, according to research from the Institute for Justice. by Thomas A. Hemphill The Institute of Justice, a nonprofit, public interest law...

Napolitano: Edward Snowden and the Constitution

Judge Andrew P. Napolitano - September 29, 2022

Snowden remarked that he'd rather be stateless than voiceless. Today, he is an American banished from his homeland.

Shapiro: Giorgia Meloni and The International Anti-Woke Backlash

Ben Shapiro - September 29, 2022

This week, Italy prepared to welcome a new prime minister: 45-year-old Giorgia Meloni, leader of the right-wing Brothers of Italy party.

De Rugy: The Difference Between ‘Pro-Market’ and ‘Pro-Business’

Heartland Author - September 28, 2022

Defending the free market is quite different from a blanket defense of businesses. I am pro-business only insofar as I am pro-market.

Borrower Sues to Stop Biden’s Student Loan Bailout

Heartland Author - September 28, 2022

Borrower sues to stop Biden’s student loan bailout, which will cost him $1,000 in increased state income tax, but not reduce his payments. Probably the...

Democrat Files Measure to Amend Illinois’ SAFE-T Act After Election

Heartland Author - September 28, 2022

An Illinois lawmaker is proposing changes to the SAFE-T Act, which ends cash bail on Jan. 1.

Illinois Gov. Pritzker Suffocates Free Speech (Commentary)

Heartland Author - September 28, 2022

Illinois Gov. Pritzker "recently intervened directly to have privately-funded newspapers canceled and opposition TV ads removed from the airwaves in Illinois." By Steve Cortes Should any powerful elected official...