Investing

Dominik Lett Medicaid, a joint state and federal medical care program, already costs more than national defense. And despite $1.1 trillion in improper payments over the past decade, Congress is…

Chris Edwards On May 11, 60 Minutes examined the huge fraud problem in federal spending programs. The piece stressed the growing losses from large-scale looting of benefit and subsidy programs…

Colin Grabow One hopeful theory behind the Trump administration’s “Liberation Day” tariff increases was that they were a negotiating tool to ultimately produce a more open trade environment. The tariffs…

Michael F. Cannon I’m usually the guy reminding everybody, “It is not a ‘price control’ when the government reduces the prices [it] pays for drugs.” I expected that I would…

Michael F. Cannon Government should not purchase medicines for civilians. Period. The US Medicare and Medicaid programs illustrate why. Medicare pays significantly higher prices for medicines than other government programs.…

Walter Olson I had missed the story from two weeks ago about what happened after (apparent) agents of the US Immigration and Customs Enforcement (ICE), one wearing a balaclava to…

Colleen Hroncich “Just do it yourself,” Cammy Herrera’s husband told her. Cammy, a former public school teacher, had been searching for a preschool program for their daughter. She wanted a…

Patrick G. Eddington House Rep. Anna Paulina Luna (R‑FL). There are still some House members who understand that the Bill of Rights is not supposed to be optional, and that…

Walter Olson The House Judiciary Committee on April 28 released budget reconciliation language that would do a truly remarkable thing: ban federal judges from enforcing most contempt of court penalties…

Chris Edwards Numerous American cities suffer from political corruption. New York City has had trouble for decades. Corruption is also prevalent in Los Angeles. In corrupt cities, local officials abuse…