Subsidies
Good industrial policy doesn’t exist. But Republicans and Democrats keep trying.
American industry has been getting a lot of hands-on direction from Democrats and Republicans for quite some time now. Every few years, someone looks at the underwhelming results of this economic maneuvering and insists that…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
America’s $30 trillion publicly held debt is 42 times larger than it was in 1980
In 1980, America's publicly held debt reached more than $712 billion (about $2.8 trillion in 2025 dollars), or roughly 25 percent of annual U.S. gross domestic product (GDP). Today, that figure is a little over $30…
Don’t extend Obamacare subsidies to end the government shutdown
The federal government's not-really-a-shutdown lingers on, largely driven by Democrats' insistence on extending pandemic-era subsidies that conceal the real cost of health coverage under the Affordable Care Act…
What the Democrats are doing right now won’t lower health care costs—but here’s what actually would
At the heart of the budget standoff that has the government shut down is Democrats' insistence on extracting a laundry list of policy changes, including locking in the supposedly temporary, COVID-19–era expansion of…
TRENDING
