The federal government’s expensive response to the coronavirus pandemic makes an already-bleak long-term fiscal outlook even bleaker.
The claim that billionaire wealth has surged “since the beginning of the pandemic” is flatly untrue.
Automatic triggers can kick in when the economy falters — and when it booms.
The conventional wisdom among Washington Republicans is that populist conservative voters no longer care about spending or deficits.
In effect, they would divert $650 billion to the super-rich.