Social Security and Medicare Cuts Are Coming, Whether Politicians Do It or Not
As legislators refuse to act, benefits will be cut without any possibility of sheltering those seniors who are poor.
As legislators refuse to act, benefits will be cut without any possibility of sheltering those seniors who are poor.
Reason is listed among the "ten riskiest online news outlets" by a government-funded disinfo tracker.
A coming crackdown on $1.6 billion in unreported tips will continue the IRS' long and ugly history of targeting low-income Americans.
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The Florida governor wants to fund more migrant stunts, despite claiming that his budget will “keep more money in the pockets of Floridians.”
A $2.1 million penalty for failing to file a form on time reveals the agency’s true nature.
New changes to income-driven repayment plans announced Tuesday would essentially turn student loans into government grants.
Despite $80 billion in new funding, the agency is living up to its reputation of hassling low-income taxpayers over rich people.
But partisans are having the wrong debate.
The release of the former president’s tax returns sets a dangerous precedent.
Transit officials and transit-boosting politicians in D.C., L.A., and New York City are warming to the idea of being totally dependent on taxpayer subsidies.
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Plus: The editors extend the discussion on the lack of immigration reform in this week’s bill.
The government spent $501 billion in November but collected just $252 billion in revenue, meaning that about 50 cents of every dollar spent were borrowed.
It's especially outrageous when considering the billions of dollars in fraud that took place thanks to COVID-19 relief programs.
With government meddling, many farmers end up doing less with more, and people end up paying more for less.
Honda, one of the world's largest automakers, announced it would spend $4 billion building and upgrading factories in Ohio. The state is showering it with public funds anyway.
His administration has expanded deficits by $400 billion more than expected, even before we count recent spending.
"There's a new special interest group in town: parents."
So why do Democrats keep equivocating on the point that households making under $400,000 may be targeted for more audits by an expanded IRS?
As law enforcement agencies patrol for profit, the secrecy surrounding cash seizures must stop.
Tax loopholes for corporations end up making it easier for politicians like Rubio to meddle in private decision making.
The state has 1,288 independent special districts. But we aren't hearing significant GOP complaints about anyone's but Disney's.
If you resent government incompetence and malice, maybe your devalued dollars will buy less of it.
Wealth tax proponents claim only super rich people would be affected. But to raise the revenue Warren, Sanders, and Biden want, they'd have to tax the "working rich"—doctors, lawyers, and other hardworking high earners.
The president's new budget plan calls on Congress to tax wealthy Americans' unrealized capital gains.
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Congress continues to allocate funds to produce weapons that the Pentagon itself says it doesn't need.
Boeing may love an additional handout, but such subsidies will be a net negative for the country's economy as a whole.
"It's the taxpayers that are funding this."
A simplified tax code is the answer, not giving the IRS more funding.
Neither rain nor sleet nor snow will stop the U.S. Postal Service. But a pandemic on top of a political fiasco? That's a first-class problem.
"I don't understand why money is leaving my pocket and going into the pocket of somebody who is wealthy."
Tax hikes and growing debt guarantee shared pain in a hobbled economy.
A supposedly "reformed" Export-Import bank is back to its old ways.
A tale of ballpark upgrades and wasteful government spending
We should fund students instead of systems.
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Presidential candidates promise expensive new programs. We added up the cost.
He brought out some fake bills to drive his point home.
Bad policing is costly in more ways than one.
That's quite a lot of money to prove your loyalty to a song. And why are we paying to send politicians to football games anyway?
Just what they need right now!
Adam Winger used city credit cards to buy hundreds of gift cards, which he then used for in-app purchases.
The baseball team says it will only sign a long-term lease to remain at Safeco Field if the county ponies up.
He isn't the first president to do something like this. But it would be nice if he'd be the last.