Chris Edwards Coming into office next year, Donald Trump will face massive budget deficits of $2 trillion a year and rising. Trump and every member of Congress now know that excessive deficits and spending can spike inflation, which is very unpopular with voters. The president and his budget team must find spending cuts to tackle the deficit monster. However, Trump ...
Colleen Hroncich Every once in a while, I talk to someone who is doing so many amazing things that it’s hard to know where to start. Kansas mom Dalena Wallace is a perfect example. Like many education entrepreneurs, she started out homeschooling her own children. Her journey has included starting a microschool, a homeschool co-op, a network of school founders ...
Thomas A. Berry and Ethan Yang In March 2022, the FBI raided a private vault company, seizing any boxes holding over $5,000. The raid was executed on the purported suspicion that such funds had illegal origins. Without express authorization from a warrant, the agency seized over 400 safes, including one belonging to Linda Martin. Martin was an innocent patron of ...
Marc Joffe The Metropolitan Council, a regional planning and policymaking body for the Minneapolis-St. Paul area, is pushing ahead with a second suburban light rail transit extension while struggling to complete another one which is nine years behind schedule. The Council’s actions, like those of other agencies pursuing light rail, show a disregard for taxpayers and other stakeholders. As Minnesota’s ...
Jeffrey A. Singer In September 2023, a Food and Drug Administration (FDA) advisory panel informed the agency that, 50 years after the FDA certified phenylephrine hydrochloride as a safe and effective oral decongestant, the evidence suggests it works no better than a placebo. The advisory report came several years after a couple of academic pharmacists had reviewed the research behind the ...
Alex Nowrasteh My colleagues and I have spent much time addressing the arguments raised by those who favor further restricting legal immigration to the United States. Our research on terrorism, crime, economic, fiscal, welfare consumption, and culture addresses specific arguments against liberalized immigration. All those fit into our bigger strategy based on theories of why people are opposed to immigration. ...
Jeffrey Miron and Jacob Winter Libertarians believe that drug prohibition is costly and ineffective. Prohibition encourages violence, since participants in banned activities cannot use legal, peaceful means to resolve disputes. Moreover, people who transact drugs are already hiding from authorities and thus are less concerned about employing violence. Underground markets also increase overdoses and poisonings since quality control is difficult. Prohibition reduces respect ...
Chris Edwards In 2025, the new Congress and incoming Trump administration should reassess the sprawling 2022 Inflation Reduction Act (IRA), which handed out vast subsidies for green energy. One reason to reassess is that the cost of the law has ballooned from $390 billion over 10 years to more than $1 trillion. The budget cost of green energy is not the only cost. ...
Justin Logan The Washington foreign-policy establishment, working in concert with the Europeans, has been trying for years to “Trump-proof” both endless US aid to Ukraine and endless US dominance of Europe. The new Trump administration can blow through most of these efforts if it chooses. And it should. To much fanfare a few months ago, the effort to distribute military ...
Chris Edwards In 2025, the new Congress and incoming Trump administration should reassess the sprawling 2022 Inflation Reduction Act (IRA), which handed out vast subsidies for green energy. One reason to reassess is that the cost of the law has ballooned from $390 billion over 10 years to more than $1 trillion. The budget cost of green energy is not the only cost. ...