Ironically, the plan may end up redistributing federal funds upward from those most in need
Finance
Fiscal responsibility is the cornerstone of sound government. Without it, we’re putting our future at grave risk of insolvency, including programs low-income people rely on, such as Social Security and safety net programs. It increasingly puts the present at risk, too.
As our nation’s debt and deficit soar, the current policy solution for many is to spend our way out of it. FREOPP couldn’t disagree more. This method has harmed Americans with rampant inflation, unpredictable markets, and stagnant economic growth.
If America hopes to maintain its position atop the global economy, we must get our spending under control. Otherwise, it’ll be increasingly difficult to provide pathways for lower- and middle-income Americans to rise.
All Finance
Plus: Reforming health care and ending the shutdown; new statistics on immigration; and join us in D.C. at Freedom & Progress 2025
Job growth remains anemic as structural challenges deepen
Plus: A quiet revolution in education policy; the tax reform with an outsize influence on growth; and legal immigration in the workplace
Full expensing could deliver some of the strongest effects of any tax policy on the table
The July employment report delivered a sobering picture of the U.S. labor market
While the headline numbers suggest stability, the underlying dynamics point to a more complex picture
With the Sword of Damocles dangling overhead, Republicans prevented a massive tax hike and advanced important reforms - but left much more work to be done.