Jonah: I agree with you that if we were choosing between, say, a $700 billion tax cut and $700 billion in spending cuts on the one hand, and the tax cut alone on the other, the better option is to have both. But would a rule requiring that tax cuts be offset by spending cuts be more likely to result in both spending cuts and tax cuts, or in no tax cuts at all? And if the choice were tax cuts without spending cuts on the one hand and neither tax cuts nor spending cuts on the other, which is better? There are rational theories for answering that question either way. Most of the time, I’d be inclined to take the tax cut. Certainly I think the tax cuts of 1981, 2001, and 2003, none of which were fully offset by simultaneously enacted legislation, were worth having. (I doubt any of them could have passed with such offsets.) I don’t think tax cuts should be held hostage to spending cuts. Among other things, that rule would trap Republicans in their pre-Reagan role as tax collectors for the welfare state. Another point worth mentioning: Previous budget rules have required tax cuts to be offset by cuts in entitlement spending (or increases in other taxes), not cuts in discretionary spending–which raises the bar against tax cuts pretty high.
I've finished reading the entire Mueller report, and I must confess that even as a longtime, quite open critic of Donald Trump, I was surprised at the sheer scope, scale, and brazenness of the lies, falsehoods, and misdirections detailed by the Special Counsel's Office. We've become accustomed to Trump making up ... Read More
Here is a three-part plan for something practical the federal government could do to relieve college-loan debt. Step 1: The federal government should stop making college loans itself and cease guaranteeing any such loans. Step 2: It should prohibit educational lending by federally regulated financial institutions ... Read More
The U.S. Attorney General is ending asylum seekers’ opportunity to ask for bond in front of an immigration judge. Read More
So much for collusion. The media conversation has now officially moved on from the obsession of the last two years to obstruction of justice. That’s because the first volume of the voluminous Mueller report, the half devoted to what was supposed to be the underlying crime of a Trump conspiracy with Russia, ... Read More
The most interesting new disclosure to come out of Attorney General William Barr’s press conference on the Mueller report was about obstruction of justice. As I pointed out in a Fox News column this morning, the obstruction issue was one of the main reasons why the media-Democrat complex’s caterwauling ... Read More
I know that yesterday was almost entirely dedicated to analysis of the Mueller report, but I just can't let this past without comment -- the Post printed another op-ed tying Ben Shapiro to the radical right. On Tuesday, Talia Lavin took to its pages and actually wrote that Ben's statements declaring Notre Dame to ... Read More
You are dead to me. You are a collection of Fredos. The cock has crowed, you pathetic sniveling jerks. The team I have rooted for since 1965, when I first visited the House that Ruth Built, where I hawked peanuts and ice cream a lifetime ago, watched countless games (Guidry striking out 18!), has gotten so ... Read More