Downsizing Blog
Government Reform: DOGE + E
Government Reform: DOGE + E
Spending Cuts for 2025
Spending Cuts for 2025
Ten Spending Cuts for President Trump
Coming into office next year, Donald Trump will face massive budget deficits of $2 trillion a year and rising. Trump and every member of Congress now know that excessive deficits and spending can spike inflation, which is very unpopular with voters. The president and his budget team must find spending cuts to tackle the deficit monster.
Beltway Bandits
Next year, the new president will face budget deficits and interest costs spiraling upwards. He or she will need to find spending to cut. How about all the waste and overcharging in federal contracting?
Social Security Is a Legal Ponzi Scheme
Unlike a genuine savings account, where individual contributions accumulate and grow over time, Social Security’s structure is far more akin to a classic Ponzi scheme.
FEMA’s Role in Hurricanes
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.
Our Debt to the Future?
We, the beneficiaries have a duty to preserve for future generations the conditions necessary for growth and opportunity. But we instead risk leaving them buried under mountains of debt.
VP Picks for Kamala Harris
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.
Five Reasons Why Social Security Is an Income Transfer Program, Not an “Earned Benefit”
It’s tempting to believe that Social Security is an “earned benefit”—after all, that’s a prevalent idea we’ve been sold for decades, and it feels good to think of it as “our money.” But the reality is more complex. It’s important to look under the hood of the Social Security system to see what’s really going on.
Corporate Welfare Breeds Corruption
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.