Donald Trump is destroying the world’s faith in America and the dollar. We will pay dearly for that.
deficit
Posted inPolitics
Republicans Have a Solution for Their Deficit Problem: Flagrant Lies
Rejecting reality, they substitute their own.
Posted inTAP
Big Beautiful Bull
Today on TAP: The Republican budget reconciliation process has inched forward, but deep schisms remain. The course of least resistance is a massive increase in the deficit.
Posted inPolitics
Republican Legislative Fault Lines Start to Emerge
There are early disagreements over even how to pass big bills, let alone what to put in them.
Posted inEconomic Policy
Billionaire Gifts and Cuts for Everyone Else
The numbers don’t work for Trump, and neither do the politics.
Posted inEconomic Policy
Get Ready for Trump-flation
Trump won the election in part because of a backlash against consumer price inflation on Biden’s watch. Several Trump policies will make inflation much worse.
Posted inEconomic Policy
The Committee for a Responsible Federal Budget’s Bad-Faith Criticism of Biden’s Budget Proposal
The organization that claims to champion deficit reduction actually wants to cut your Social Security.
Posted inEconomic Policy
The Crypto-Reactionary Deficit Scolds
Today on X-Date: Squint at the Committee for a Responsible Federal Budget, and you see MAGA conservatives endorsing legislative hostage-taking.
Posted inEconomic Policy
The Beltway’s Favorite Bogus Budget Model
The Penn Wharton Budget Model, bankrolled by finance moguls, is out to grow its power in Washington.
Posted inMoney, Politics, and Power
Critical Tests for the Biden Administration’s New Team
If the new chief of staff and National Economic Council Director want to prove that they aren’t diverting the administration back to a neoliberal footing, here are a few options.