budget deficit
Thune Says Senate Republicans Are Set to ’Run With’ Budget Bill
“We’re anxious to have the ball and run with it,” Senate Majority Leader John Thune told reporters Tuesday, referencing the budget reconciliation bill that has passed the House and is now being considered by the upper…
Congress Can Save $1.16 Trillion by Returning to 2019 Budget Projection Levels
Fiscal conservatives lately have argued that the federal government should spend as it did before COVID-19 ruined everything. Thankfully, the global pandemic is a speck in the rearview mirror. Only a few diehards cling…
DOGE’s ‘regulatory savings’ for businesses don’t mean budget cuts
This month the Department of Government Efficiency (DOGE) published new estimates of "savings" from various regulatory changes, which it says total $29.4 billion so far. The New York Times suggests several reasons…
Elon Musk is right. The ‘Big Beautiful Bill’ is a bad deal.
Elon Musk says he's "disappointed" to see the House pass a major tax bill that will require the federal government to borrow trillions of additional dollars in the coming years. The bill, which faces an…
Trump Must Avoid These 3 ‘Civilization Killers
Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos. Hello, this is Victor Davis Hanson for…
How does the national debt affect you? A budget expert explains.
The federal government is on track to borrow nearly $2 trillion this year. And while that budget deficit is a major concern for many Americans, the specifics of how and why the government borrows so much money can often seem…
America’s Credit Is Falling—and the Government Is Still Digging Deeper Into Debt
America's debt-addicted government just lost its triple-A credit rating from Moody's, as it previously had from fellow rating agencies S&P and Fitch. Many in Washington shrugged the move off as minor or as…
Scalise Delivers Apocalyptic Message on GOP Mega Bill
House Majority Leader Steve Scalise suggested the stakes for passing the House version of the budget reconciliation package are nothing short of apocalyptic. “You didn’t come up here to vote no and let America crash and…
Republicans still aren’t taking the national debt seriously
In a world where federal policymakers were treating America's national debt with the seriousness it deserves, Friday might have been a crucial turning point in Washington. First, the House Budget Committee voted down…
Republican reconciliation package will lead to $3 trillion annual deficits
The reconciliation package taking shape in the House will add at least $3.3 trillion to the debt through 2034, according to a new analysis by the Committee for a Responsible Federal Budget (CRFB). And if various…
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