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Fiscal Cliff: Will Obama Stop Kicking the Can Down the Road on Entitlements?

Even with the President’s desired tax hikes, publicly held debt would rise by $7.7 trillion in 10 years under the President’s budget. That’s right: Our federal debt would continue growing even if the...

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Bank Profits Soar as Washington Subsidies Flow

Too often, government policies designed to ameliorate a general problem merely benefit a special interest. A case in point, highlighted by Binyamin Applebaum on the Economix blog, is the Home...

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