The Senate is expected to vote on a Republican-backed budget resolution that advances President Donald Trump’s agenda through reconciliation as early as this week. lead , However, in a new blog post by Romina Boccia and Dominik Lett, economic scholars warn the plan “actively worsens our nation’s debt trajectory” and say, “Americans cannot afford for Congress to not only kick the fiscal can down the road, but worse, strap it to a rocket and blast it directly into a fiscal […]
Nicholas Anthony Congress is currently weighing the future of overdraft services. During the final hours of the Biden administration, the Consumer Financial Protection Bureau (CFPB) established price controls for overdraft services that would take effect on October 1, 2025. If allowed to proceed, the rule will force banks and credit unions to choose between reducing prices by more than 80 percent, pricing at cost, or changing overdraft services to a loan program. For many Americans, these requirements are […]
Jeffrey Miron and Jacob Winter Debates about immigration often emphasize the alleged harms. President Trump, for example, has claimed that illegal immigrants take jobs from native-born Americans, a belief that is fueling his crackdown. Research finds, however, that immigration has large benefits for the destination country. For example, a recent study of agricultural immigration to Brazil (Cato Research Brief no. 426) finds that municipalities with a higher population share of European immigrants in 1920 had greater farm values […]
One of the core features of nazism (not the German political Party but its core ideology) is racism, which allows some ethnicites (or “races”) to be advantaged by law, and other ethnicities to be discriminated against by the law — it is, at its very core, AGAINST equal rights under law. Consequently, Adolf Hitler constantly condemned democracy (which can’t exist WITHOUT equal rights under law). Another of its core features is imperialism — support of the idea that […]
The first thing to say about laissez-faire liberalism is that it arose in Europe, specifically in Western Christendom. This story goes back many centuries. It goes back into the Middle Ages.
Thomas A. Berry President Donald Trump has singled out several of the nation’s largest law firms for serious, potentially business-ending sanctions by executive fiat, citing the firms’ past representation of his political opponents and their lawsuits against the United States. These sanctions include the loss of access to federal facilities and federal employees, the en masse suspension of security clearances for the firm’s lawyers, and an implicit blacklist on the firm’s business with federal contractors. The president’s actions […]
“In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex. The potential for the disastrous rise of misplaced power exists, and will persist.” — President Dwight D. Eisenhower In the 1960s and 1970s when the US actually had an enemy, though possibly one of our own making, there was a peace movement. It might well have come from left-wing professors in the universities who did not think […]
Further to Eugene’s post about the TRO that was entered in the suit filed by WilmerHale against the Trump Administration Executive Order, I highly recommend taking a look at the Complaint filed by the Paul Clement-Erin Murphy firm. The first six pages or so is as eloquent a defense of an independent legal enterprise as you are likely to read. 13. The Order violates the separation of powers twice over. The President’s role is to enforce the law—not to create […]