The Treasury Department asserts that a combination of tax cuts and other Trump-administration policies will raise annual economic growth by an average of 0.7 percent over the next decade, so that it runs at 2.9 rather than 2.2 percent. Half of this alleged boost to growth, it says, will come from changes to corporate taxation. Treasury provides no explanation of how it reached its 0.7 percent figure, but does explain that if you assume all this growth occurs then the federal government will end up with more revenue than it would have had without the tax cuts. I assume that the point of this one-page press release was to allow Republicans to continue to pretend that there are economists who have looked seriously at this issue and believe that their tax-cut bill will result in higher revenues over the next decade–and thus there is no need to scale it back, cut spending, or admit that deficits will be higher.
Well, we all knew it wouldn’t last. Weeks after two different Ninth Circuit panels surprisingly upheld Second Amendment rights by blocking California’s confiscation of large-capacity magazines and Hawaii’s ban on open carry, the nation’s most progressive circuit returned to form. In a ruling earlier this ... Read More
Will Democrats pull an “October Surprise” this year and announce that the highly polarizing Nancy Pelosi of San Francisco won’t be their candidate for House speaker after all? Growing up in the Bay Area, I saw Pelosi’s iron will and stubbornness up close for decades. The possibility of her stepping back ... Read More
EDITOR’S NOTE: The following is Jonah Goldberg’s weekly “news”letter, the G-File. Subscribe here to get the G-File delivered to your inbox on Fridays. Dear Reader, “Save Ike from the Kikes.” I’d better explain. This weekend marks the one-year anniversary of the Nazi troll armies’ march ... Read More
Let’s take a short walk down memory lane. Not long ago, on January 2, 2016, a small group of armed protesters seized an unoccupied federal building in the Malheur National Wildlife Refuge. The refuge is located in a relatively isolated area in eastern Oregon, and the occupied building itself was far from any ... Read More
Corey Stewart has had a rough few weeks. Stewart, the Republican nominee challenging incumbent Democratic senator Tim Kaine in Virginia this fall, has come under sustained fire lately as news outlets have uncovered disturbing past comments from his campaign staff and from Stewart himself — shedding new light ... Read More
What does it mean to be a hypocrite in politics? Stephen Miller, an adviser to President Donald Trump, has been denounced in the pages of Politico for his “hypocrisy,” by his uncle, no less. Miller, like the president, supports a more restrictive approach to immigration. His uncle, David S. Glosser, ... Read More