monetary policy

President Joe Biden’s recent budget for fiscal year 2024 comes with a glaring contradiction hiding in plain sight. To wit, the policies pursued by “Middle Class Joe” — a sobriquet that The Washington Post notes Biden bestowed upon himself —…

In its budget last month, the White House claimed that “the Administration is committed to protecting and strengthening Social Security.” But the recently released annual report from that program’s trustees portrays a different story. The…

On Wednesday, the Congressional Budget Office (CBO) released its annual analysis of the budget and economic outlook over the coming decade. For anyone with a realistic sense of budgets and fiscal responsibility (i.e., not most Democrats),…