spending
Americans spend again and American Express profit surges
NEW YORK — Spending at restaurants, shops and entertainment venues has come back in force as vaccines become more common and it fueled a revenue surge at American Express during the second quarter. That momentum […]
HILL: When COVID relief is just plain pork spending
I have seen a lot of gargantuan spending bills go through Congress in the form of budget reconciliation or omnibus appropriations at the end of a contentious session. I don’t think I have ever seen […]
Hostile exchange between outgoing NC DOT chief, Lt. Gov. over unused old rail cars
RALEIGH — The outgoing North Carolina Secretary of Transportation was dinged for wasteful spending involving the purchase of circus rail cars. According to reports, the North Carolina Department of Transportation purchased nine old circus rail […]
TUCKER: Retire the “Boneless Wonders”
Winston Churchill once recalled that, as a young boy, his parents took him to Barnum’s Circus where the sideshow headlined “The World-Famous Boneless Wonder.” The wonder was a giant slab of a man with no […]
HILL: ‘When we hit the point of no return, it will be too late’
The Treasury Department announced last week that the budget deficit for FY 2019 grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from FY 2018. Headlines across the news […]
HILL: Budget Discipline Procrastination Already Has Had Its Consequences
In 1993, when Republican House Budget Committee staffers were searching for options to include in the GOP budget alternative “Cutting Spending First”, we opened a book called “CBO Spending and Revenue Options” to find proposals […]
HOLDING: Debt Is Out-of-Control
Decades of irresponsible, out-of-control government spending has left the United States drowning in an unprecedented level of debt. Last month, our national debt topped $22 trillion. Divided up, that comes to about $400,000 per taxpayer. […]
TUCKER: Where’s The Backbone?
Just two months after last November’s midterm elections, Democratic presidential hopefuls are already lining up. And the new darling of the left, Alexandria Ocasio-Cortez, is blithely explaining her party’s outright embrace of old-fashioned socialism with […]