Government spending
Why Trump’s China tariffs won’t work
In this week's The Reason Roundtable, editors Peter Suderman, Nick Gillespie, Matt Welch, and special guest Mary Katharine Ham discuss President Donald Trump's trade war with China. They also talk about the taxes…
U.S. government borrowed $1.3 trillion in first 6 months of this fiscal year
President Donald Trump stood before a joint session of Congress less than six weeks ago and vowed to do something that has not been done in nearly a quarter century: balance the federal budget. New numbers from the Treasury…
What Happens When the Debt Hits the Fan?
The national debt is at an all-time high (again). As if that isn't bad enough, for the last two decades, America's debt has grown faster than its economy. So, should you worry? Yes. Yes, you definitely should. …
How simplifying our tax code would level the playing field
Republicans claim they are slashing government, but they're about to explode the budget deficit to extend President Donald Trump's tax cuts—which would balloon interest payments on the national debt, already one of…
Milton Friedman’s warning to DOGE and Elon Musk
The book, which came out in 1984, pinpoints the Iron Triangle of Politics as the main obstacle to cutting government. The triangle's three points reinforce each other to uphold the status quo: the Beneficiaries, the…
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