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“#Call him President Trillion: Biden’s eye-watering, wasteful spending” So far the defining word of the Biden era is “trillion.” The Joe Biden who portrayed himself as a moderate deal-maker during the presidential campaign is a distant memory, replaced by the Joe Biden who is dazzling progressives with his willingness to “go big” — in other…
“#Biden’s insane new spend-fest is a recipe for national disaster” Three. Trillion. Dollars. Maybe four: That’s how much President Joe Biden wants for his next installment of Let’s Remake America. Think of it as pumping gasoline by the shipload onto a wildfire. Fresh off signing a $1.9 trillion bill for “COVID relief” (that has little…
“#Biden’s insane $3T race to transform the nation overnight” Fresh off ramming through a nearly $2 trillion “COVID relief” package by the slimmest majority, President Joe Biden now wants to shell out another $3 trillion, more than doubling the size of the federal government in a matter of months. The clear idea: to fundamentally transform…
“#Stimulus potholes aplenty thanks to infrastructure red ink from Democrats” “Everyone is now excited about infrastructure,” a Democratic Party operative with ties to Wall Street declared late last week following passage of President Biden’s vacuous, $1.9 trillion stimulus bill. When pressed by Lydia Moynihan of Fox Business on who “everyone” actually is, the operative rattled…
“#With the biggest deficit since WWII, the US thinks it can print mad money” Neither Democrats nor Republicans officially subscribe to “modern monetary theory,” or MMT — the idea that the US can print or borrow as much money as its elected officials desire. Former President Donald Trump proposed several spending plans that purported to…
“#Manchin opposes Neera Tanden confirmation over nasty tweets” Sen. Joe Manchin on Friday said he opposes Neera Tanden’s nomination as President Biden’s budget director due to her insult-laden tweets, but Biden says won’t pull her nomination. Biden told reporters as he returned to Washington from a trip to Michigan that “no” he won’t withdraw Tanden’s…
“#How to tax the wealthy without a ‘wealth tax’” Michael Smart: To boost fairness, productivity and government revenue, tax capital gains Michael Smart teaches economics at the University of Toronto and is co-director of the Finances of the Nation project. Recent months have seen increased chatter about the idea of an annual “wealth tax” to…
“#A progressive federal budget and how to pay for it” Ed Broadbent and Brittany Andrew-Amofah: To ‘build back better’ Canada will need childcare, pharmacare, a green recovery—and new measures to sustain them Ed Broadbent is the Chair of the Broadbent Institute. Brittany Andrew-Amofah is the Institute’s Senior Policy & Research Analyst. The recent Speech from…