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The GOP’s march of folly on the debt ceiling

In 2021, Moody’s Analytics estimated the economic effects of a monthlong debt ceiling crisis: Economic output would decline by 4 percent, an estimated 6 million jobs would be lost and the stock market,

As EPA readies climate rule, Obama and Trump eras linger

In June 2022, the Supreme Court ruled, 6-3, with the three liberal justices dissenting, that the EPA does not have authority under the Clean Air Act to regulate carbon pollution from power plants through

Trillion-dollar deficits: Biden’s new normal

Future proposed yearly spending could top $10 trillion Worse, CBO baseline spending projections show that Biden’s proposed budgets for the next two years will continue the $6 trillion-dollar spending of