ArcaMax

These days it seems that a mysterious group called "the CBO" rules the world, or at least Washington, D.C. Unfortunately, it's not very good at predicting things, and its bad calls can lead to bad policy results.

The Congressional Budget Office and the Joint Committee on Taxation predict what will happen with spending, tax revenues and deficits...Read more

In one of the most convoluted lawsuits of all time, a cabal of state attorneys general and the Federal Trade Commission are now accusing financial firms BlackRock, State Street and Vanguard of monopolistic behavior. The complaint asserts that these firms bought coal stocks and then helped impose radical environmental restrictions on the ...Read more

Here's an economics lesson that belongs in the textbooks.

Student loan debt soared to more than $1.5 trillion during the Biden presidency, and the response by Washington was to "forgive" hundreds of billions of these unpaid loans by deadbeat borrowers and let the taxpayers pick up the tab. It was never clear why the universities that charge ...Read more

As the late senator from Washington state, Warren Magnuson, who served for more than 30 years in Congress, once said, "All that each industry seeks is a fair advantage over its rivals." Wilt Chamberlain had a fair advantage on the basketball court because he stood 7-foot-1. It allowed him to score 100 points in a single game.

The Trump 2.0 tax ...Read more

Situated on the outskirts of Sacramento is California's largest master-planned community, McClellan Park. It has homes, offices, restaurants, a hotel and even a 2-mile-long runway that serves jets. But 30 years ago, the location was a starkly different story: an Air Force base that had just been shuttered, costing 11,600 jobs.

Fundamental to ...Read more

President Donald Trump's record as the deregulation president is nearly unparalleled. In his first 100 days in office, he has already identified hundreds of billions of dollars of potential deregulation savings in the areas of energy, education and housing.

Hooray.

But some of his new regulators in the Justice Department and at the Federal ...Read more

Anyone remember back in 2008 when the housing market collapsed and the stock market crashed, with many tens of millions of Americans seeing their lifetime savings nearly wiped out?

Apparently the politicians in Washington are suffering amnesia -- even though it was the worst crash since the Great Depression.

What else has been conveniently ...Read more

What is it about politicians in Washington that they just can't stand progress or the thought of anyone getting rich?

That's the attitude of many Democrats in Congress as they try to cripple the private equity and venture capital industries with higher tax rates. These financers are some of the most dynamic risk-takers on the economic playing ...Read more

President Donald Trump has predicted that his tariffs could raise as much as $6 trillion over the next decade in federal tax collections. These include up to 104% tariffs on China, plus the combination of reciprocal tariffs -- we charge them whatever they charge us. Also, don't forget the protectionist tariffs on steel, aluminum, autos, lumber...Read more

If you haven't watched the Bret Baier interviews on Fox News with Elon Musk and the other executives who have given their time and expertise to exposing the rampant fraud and inefficiency of our federal government, I urge you to do so.

It will infuriate you -- and that's what we need right now.

These Department of Government Efficiency ...Read more

President Donald Trump has promised to create millions of new high-paying jobs. One easy first step to doing that is to repeal Biden regulations on America's 4 million business partnerships (sometimes known as S corporations) that are prolific job creators. The latest estimates find 10 million Americans employed by these business partnerships, ...Read more

For decades, the United States has led the world in pharmaceutical innovation -- developing drugs that combat cancer, heart disease, AIDS, diabetes and other killer diseases. One recent study found that "in health-sciences output in the Nature Index, the United States' Share is almost 8,500, higher than the next 10 leading countries combined."

...Read more