Means-tested programs, not Medicare and Social Security, are behind today’s massive debt. By Phil Gramm and Jodey Arrington Sept. 11, 2024 5:02 pm ET Ask any budget expert in Washington to explain the ballooning deficit and debt, and Social Security and Medicare will be high on the list of causes. That’s...

Harris promises to double down on Biden policies that have made it more expensive to buy a home. By Michael Solon Aug. 25, 2024 3:22 pm ET Vice President Kamala Harris cast tie-breaking votes that ensured passage of the American Rescue Plan Act, the Inflation Reduction Act and the Biden budget. In doing...

Industrial policy intrudes on our sovereignty as consumers to protect politically favored jobs. By Phil Gramm and Donald J. Boudreaux Aug. 12, 2024 5:11 pm ET Since Adam Smith debunked mercantilism in “The Wealth of Nations” (1776), the political appeal of trade protectionism has centered on its ability to benefit a privileged few...

Costs are passed on to consumers. If you work for and invest in companies, you get hit three times. By Phil Gramm and Mike Solon April 23, 2024 1:48 pm ET In his call for Congress to repeal the 2017 tax cuts and increase corporate tax rates, President Biden asked: “Are...

Bill Clinton’s regulators, by contrast, produced prosperity by encouraging freedom on the internet.  By Ted Cruz and Phil Gramm March 25, 2024 4:22 pm ET The arrival of a new productive technology doesn’t guarantee prosperity. Prosperity requires a system, governed by the rule of law, in which economic actors can freely implement...