Chris Edwards

Recent blog posts by this author

This County Discovered It's Possible to Operate Debt-Free... and Its Citizens Are Reaping the Benefits

The other day, I wrote about the disadvantages of state and local governments issuing general obligation debt. Those governments currently have more than $3 trillion in overall debt outstanding. Government borrowing enriches financial...

Why Federal Debt Is Damaging

  The U.S. Treasury reports that the federal budget deficit was $779 billion in fiscal 2018. The deficit is caused by spending in excess of tax revenues and is financed by borrowing from foreign and domestic creditors. Federal...

The GOP’s Food Stamp Proposal Would Blow the Cost Savings on Bureaucracy

The Republicans have so forgotten how to control spending, even when they try something conservative it is not really conservative. Consider the House GOP’s proposed reforms to the food stamp program in the upcoming farm bill. The GOP wants to...

Republicans Love Government Spending. Listen to What They Say at Hearings.

I am a fan of Kimberley Strassel’s columns about federal politics in the Wall Street Journal. But her recent column about the omnibus spending bill—which increased spending 13 percent in one year—was off the mark. Strassel suggested that...

Is it Time to Be Honest About Ethanol?

The federal government imposes a mandate to blend corn ethanol and other biofuels into the nation’s gasoline. This “renewable fuel standard” or RFS raises prices at the gas pump. The “10% Ethanol” sticker you see when filling your tank signals...

National Review Errs on Tax Cuts

National Review’s Ramesh Ponnuru has a new article, “The Tax Cut Doesn’t ‘Tilt Toward the Middle Class.” The piece apparently responds to commentary by Veronique de Rugy and me about the effects of the GOP tax plan. Ramesh says:...

Final Tax Bill: Middle Class Gets Biggest Cut

The Joint Committee on Taxation (JCT) has released its distributional analysis of the final Republican tax bill. The bill provides even larger percentage cuts for middle earners than previous versions of the legislation. If the...

Who Gets the Biggest Tax Cut in the Republican Tax Plan?

Critics are saying that the Republican tax plan would give high earners the largest cuts. There has been a flood of news stories with that theme since the Tax Policy Center (TPC) released its analysis of the plan. The TPC summary says, “Those...

18 Domestic Cuts Trump is Proposing in New Budget

The White House released President Donald Trump’s first budget today. In the opening message, the president says, “Our Budget Blueprint insists on $54 billion in reductions to non-defense programs. We are going to do more with less, and...

Trump Launches Effort to Shrink Executive Branch

President Donald Trump signed an executive order to create a “Comprehensive Plan for Reorganizing the Executive Branch.” The order requires his budget director, Mick Mulvaney, to complete a plan recommending specific spending cuts based on...