WSJ-Trump’s Trade War Was a Loser

Tariffs destroyed jobs in Michigan, Pennsylvania and Wisconsin and made all Americans worse off. By Phil Gramm and Donald J. Boudreaux Sept. 11, 2023 5:29 pm ET Donald Trump boasts that his protectionist policies were “historically successful,” which suggests that he thinks he’s exempt from the old dictum that we are...
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WSJ-Biden’s IRS Chases Chump Change

The amount of improper pandemic payments dwarfs what its new agents stand to recoup for taxpayers. By Phil Gramm and Jodey Arrington Aug. 10, 2023 5:37 pm ET Criminals stole at least $1 trillion from taxpayers during the pandemic. To date the Biden administration has offered only lip service and...
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WSJ-How Congress Can Stop Biden’s Regulatory Onslaught

If they stay united, House Republicans can use the power of the purse to restrain unilateral executive action. By Phil Gramm and Mike Solon July 13, 2023 5:38 pm ET Before the rise of the regulatory state, America’s economic exceptionalism flowed from clear constitutional boundaries between the spheres of individual...
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WSJ-Regulators May Sink America’s Banks

A credit-tightening increase on capital standards won’t help the American economy. By Jeb Hensarling and Michael Solon Updated June 22, 2023 7:29 pm ET In response to this year’s failures of midsize banks, the Biden administration—through the Federal Reserve, the Federal Deposit Insurance Corp. and the Comptroller of the Currency—is...
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WSJ-The Real Stakes of the Debt-Ceiling Fight

Unrestrained spending would crowd out private economic activity and risk triggering a recession. By Phil Gramm and Mike Solon May 21, 2023 5:04 pm ET House Speaker Kevin McCarthy last month mustered the votes for a bill to raise the debt ceiling, thanks in no part to his Democratic colleagues. His victory shifted the topography...
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