Tuesday, May 20, 2025

Fiscal Policy Debates

California’s $100bn railway to nowhere exposes the stunning costs of Democrat incompetence
https://www.telegraph.co.uk/us/comment/2025/05/20/californias-100bn-rail-line-to-nowhere-newsom-incompetence/
 
Big Tax Hikes Are Coming
https://www.wsj.com/opinion/big-tax-hikes-are-coming-in-a-few-years-policy-reform-34a4f50b
The GOP’s ‘beautiful bill’ increases debt and ignores the coming entitlement bomb.
 
Moody’s throws Trump a curve ball
https://www.ft.com/content/480b42d9-129d-41b7-8b87-8886f53d66d4
Credit downgrade is symbolic blow to American prestige and should spur Washington to get its fiscal house in order.