Missing in Action: Political Reality and Leadership

Missing in Action: Political Reality and Leadership

Every federal budget is a dream sheet. They’re all unrealistic. It goes something like this: The president lays out a slate of new programs, revenue raisers, and strategic cuts. Then Republican leaders pull out their X-Acto knives, highlighting cuts to programs...
Digging Up a Mountain of Debt

Digging Up a Mountain of Debt

For the first time in more than 30 years, the federal government has decided to hold off on authorizing new leases for coal mining on federal land. It will undertake a review to see whether taxpayers are getting a fair deal while assessing the program’s environmental...
Ethanol: A Love Story

Ethanol: A Love Story

It’s a timeless story of teenage romance: pledging love, abandoning reason, rebelling against authority. No, this isn’t the plot of a John Hughes movie. Instead, I’m talking about Agriculture Secretary Tom Vilsack’s love affair with ethanol. While Vilsack is tasked...
No Taxpayer Dollars for the ‘Bank of Boeing’

No Taxpayer Dollars for the ‘Bank of Boeing’

Have you heard of the Export-Import Bank? It’s little-known yet high on the list of special-interest priorities these days. Created in 1934, this government agency loans money to foreign buyers of American products and gives U.S. exporters loan guarantees. It also...
Mortgaging the Pentagon

Mortgaging the Pentagon

Say you really want a sports car, a vacation, a big new house, or some other fancy thing you can’t really afford. You know that if you buy it, you’ll bust your budget. It would mean a ramen noodle diet and a threadbare closet from now to eternity for you and your...