Chris Edwards
Federal Spending Ratchets Up
Democratic leaders in the House and Senate are hoping to pass a $1 trillion bill to fund infrastructure and a $3.5 trillion bill to fund new and expanded entitlement programs.
Infrastructure Bill: a Green Light to Red Ink Despite Promises
The Committee for a Responsible Federal Budget estimates that the infrastructure bill will add about $400 billion to federal debt.
Infrastructure Bill Made Simple
The Congressional Budget Office (CBO) released an analysis of the infrastructure bill that is winding its way through Capitol Hill.
Infrastructure Bill: Needless Expansion in Subsidies
Congress is considering a $550 billion increase in federal infrastructure subsidies. The subsidies and related new regulations will be damaging for many reasons, as Randal O’Toole and I have noted.
President Biden’s Proposed Budget
The Biden administration has released its federal budget for 2022, which envisions a large increase in the size of government.
Biden’s Programs Would Fail for Many Reasons
President Biden is proposing to expand federal intervention in many areas that are the responsibility of state and local governments and the private sector.
No Need for Biden’s Electric Vehicle Subsidies
President Biden’s infrastructure plan includes $174 billion in subsidies for electric vehicles and charging stations.
Biden Infrastructure Plan: Funding Not Green
President Biden’s infrastructure plan is a mess of contradictions.
Electric Vehicles and the Biden Infrastructure Plan
A damaging effect of government expansion is the “crowding out” or displacement of private‐sector activities. Governments often think that they can do better than businesses, and they take over industries or intervene to set things right. But they misjudge, and government‐dominated industries usually become bloated, stagnant, and distorted.