Chris Edwards
FEMA is the lead federal agency for natural disaster response, but the American system of disaster response is not a top-down structure imposed by Washington.
Media outlets are identifying vice-presidential options for likely presidential candidate Kamala Harris. Many of the VP options are state governors.
Cato grades the governors from “A” to “F” every two years on their tax and spending policies. The “A” governors push for lower taxes and spending, the “F” governors push for higher taxes and spending, and there are many governors in between.
President Joe Biden said big corporations should pay their fair share, yet he increased corporate tax loopholes 92 percent. Biden promised to end trickle-down economics, yet he showered big corporations with the largest gusher of corporate welfare ever.
Kamala Harris selected Tim Walz as her presidential running mate. Let’s look at his record on spending and taxes as Minnesota governor since 2019.
Which states are Americans moving to and which are they leaving?
The Internal Revenue Service (IRS) has released interstate migration data for 2022. The data include the domestic movements of households into and out of each state broken down by income level and age group.
The table shows the net migration for each state and the ratios of in-migration to out-migration for all households, households headed by an individual age 65 and older, and households earning more than $200,000 a year.
The Secret Service has failed at its core mission in a stunning manner. Investigations into the assassination attempt on former President Trump are just beginning, but we’re already hearing some really lame excuses from federal officials
School choice reforms are spreading across the nation. Governments in 33 states are now providing financial support for private schooling through 80 different programs, as shown in this figure from EdChoice. About one million students are benefiting from these reforms.
In researching Cato’s governor report cards, I’ve found that high‐tax states appear to hand out the most special‐interest breaks and subsidies. Let’s look at some supporting data.
President Biden’s new federal budget proposes high spending and huge deficits for years to come. The deficits are expected to boost government debt held by the public from $28 trillion this year to $45 trillion by 2034.
President Biden has released his proposed federal budget for fiscal year 2025 and beyond. The proposal includes a raft of spending increases, including new subsidies for childcare, housing, college, health care, paid leave, refundable tax credits, home care, and many other things. It also includes a bevy of large tax increases, including higher rates on individual income, corporate income, and capital gains.
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