Veronique de Rugy is the George Gibbs Chair in Political Economy and a senior…
While the stated intent of many rules is to protect the public interest — be it the environment, safety, or market fairness — the unintended consequences are often staggering.
Will it shrink from confronting Social Security, Medicare, and Medicaid — which represent roughly half the budget?
It would not only be sound fiscal policy but could keep millions of law-abiding Americans living overseas from being treated like financial pariahs.
The legislature’s constitutional power of the purse has degenerated from a tool of responsible governance into an instrument of fiscal destructiveness.
Biden’s head of the Federal Trade Commission dispensed with a decades-long tradition of bipartisanship.
They could be the ones who put the government back on fiscal track and, among other things, save entitlement programs from long-term disaster.
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