Commentary: Deficits Are Secondary to What You’re Paying For

US Capitol

“I am not worried about the deficit,” Ronald Reagan famously said. “It is big enough to take care of itself.”

If you pay attention to the libertarian purists, President Reagan earns mixed reviews on his economic policies. After all, in 1983, the federal budget deficit exceeded 6 percent of GDP. But Reagan was untroubled by federal budget deficits for at least two reasons, and in both cases he has been vindicated by history.

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Pelosi, Schumer Say They’ve Reached Deal with Trump on $2 Trillion Infrastructure Bill

by Henry Rodgers   House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer say they have reached a deal with President Donald Trump in regards to a $2 trillion infrastructure bill after meeting with Trump Tuesday. While departing the West Wing after their meeting with the president, Pelosi and…

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Pence Promises Governors a ‘Historic’ Infrastructure Plan

by Fred Lucas   Vice President Mike Pence on Friday told a gathering of state governors that the Trump administration is working with Congress on what he called a “historic” infrastructure program that would both reduce red tape and provide more federal funding. Addressing the governors at the vice presidential…

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Commentary: America’s Success Was Not Achieved by Government, But by Limiting Government

by  Gary Galles   Then-President Obama’s famous 2012 “you didn’t build that” rationalization for not only increasing taxes but also for increasingly progressive taxes has returned to public consciousness. Cato policy analyst Derek Bonett has focused attention back on the logic of his argument, as well as reminded us that Obama was…

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Chuck Schumer Demands Climate Concessions From Trump on Infrastructure Spending

by Michael Bastach   Senate Minority Leader Chuck Schumer told President Donald Trump that Democrats won’t cut a deal with him on infrastructure spending unless it includes a slew of policies aimed at fighting global warming. Schumer, the Senate’s top Democrat, called for, among other things, making green energy and…

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Cyber Infrastructure Gets a Boost by Congress

by Natalia Castro   In the last year, both chambers of Congress have been working hard to improve our nation’s cyber security and cyber infrastructure. Last week, the Senate passed landmark legislation that will modernize U.S. cyber technology to combat growing threats around the world. On Oct. 4, 2018, the…

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