Reckless fiscal policy at some point will produce a crisis.

Can a bipartisan commission save our fiscal future?

There is very little reason for hope, especially with the IMF subsidizing Argentina’s profligacy

There’s little reason for future optimism.

A major problem for tax-and-transfer welfare states is looming.

Why do these nations have higher debt levels? The reason is simple and predictable.

You can’t have big government without pillaging ordinary people.

Even modest reform is an outrage to some French leftists.

Sweden’s social security system is good for both workers and taxpayers.

There’s plenty of money to pay interest on the debt. There would only be a default if Joe Biden or Janet Yellen (the Treasury Secretary) deliberately chose not to prioritize.