Are rich people idle “rentiers,” as economist Thomas Piketty calls them, who inherit wealth and add no social value?

President Trump’s new budget proposes to increase federal spending on infrastructure by $200 billion over 10 years.

Federal politicians routinely lambast the tax code as full of loopholes favoring special interests and generating lobbying—then they add more loopholes generating even more lobbying and corruption.

Canada privatized its air traffic control (ATC) system in 1996. Today, Nav Canada is on the leading edge of ATC innovation worldwide.

The Trump Administration’s proposed U.S. Department of Education budget is due some props, but there is also a downside.

President Trump’s budget yesterday provides the latest evidence of out-of-control entitlement spending.

President Trump’s budget yesterday provides the latest evidence of out-of-control entitlement spending.

The Trump administration has released its federal budget for 2020. The document lays out taxing and spending proposals and provides projections through 2029.

President Trump releases his budget for 2020 today. The budget includes major cuts to domestic programs to deal with rising deficits, which is a good approach because out-of-control spending is the core problem with federal finances.

Over the past two years, the White House budget called for eliminating Community Development Block Grants (CDBG) twice. If history is any indication, CDBG will once again be proposed for elimination when the budget is published next week. Most likely, Congress will reject the White House’s suggestion, as it has in previous years.

If Congress cares about helping low-income people, it isn’t clear why they would reject the White House’s suggestion, or at least why Congress wouldn’t repurpose CDBG money for activities that address low-income needs directly.