budget

Cut Subsidies, Get Rich

Every time a president proposes to cut anything in the $4 trillion federal budget — up from $1.8 trillion in Bill Clinton’s last budget — reporters race to find “victims.” And of course no one wants to lose his or her job or subsidy, so there are plenty of people ready to defend the value of each and every government check. If the budget could be cut by, say, $1 trillion — taking it back to the 2008 level — how much good could that money do in the hands of families and businesses?

The Proposed California Healthcare System Will Impose A Tax Twice as large As The State’s Entire Annual Budget

California state Senators are proposing a bill to require all health care to be administered and paid for by the state. According to preliminary estimates (which almost always are unrealistically low so as not to frighten taxpayers), the system will cost $400-billion a year [...]

Trump Budget Includes Huge Cuts To Food Stamps & Billions For Border Wall

In this May 4, 2017, photo, President Trump talks to House Speaker Paul Ryan of Wis. in the Rose Garden of the White House in Washington, after the House pushed through a health care bill. (AP/Evan Vucci)
President Donald Trump’s budget would drive millions of people off of food stamps, part of a new wave of spending cut proposals that already are getting panned by lawmakers in both parties on Capitol Hill.