After years of ever-expanding government control and regulation, the economy dropped off a cliff in 2008.

“Drain the swamp!” It was the battle cry of Donald Trump’s presidential campaign.

Many Republican members of Congress echoed that call as well, riding it to victory — and control of both legislative chambers.

The American people rallied around the cry because it reinforced…

Federal taxpayers currently cover more than $6 trillion of mortgage debt held by single families in residential housing. iStock

The Senate Committee on Banking, Housing, and Urban Affairs held a hearing last week to lay out guiding principles for housing finance reform legislation.

While it is a positive development…

Every day, legions of economists dismiss Donald Trump’s economic agenda and forecast of 3% growth as a wild-eyed fantasy. CREDIT: Cheriss May/NurPhoto/Sipa USA/Newscom

Every day, legions of economists dismiss Donald Trump’s economic agenda and forecast of 3% growth as a wild-eyed fantasy. The consensus is that the economy “can’t possibly grow at 3%,” according to The Wall Street Journal. …

According to the latest Congressional Budget Office report on the distribution of federal taxes, Washington collects about $20,000 from the average household. Credit: iStock

When Americans file their taxes, it’s natural to wonder, “Where do my tax dollars go? What do they fund? And what don’t they fund?”

According to the latest Congressional…

The U.S. military dropped its largest non-nuclear bomb for the first time in combat on Thursday, targeting an underground ISIS tunnel in Nangarhar, Afghanistan.DOD / Polaris/Newscom

Why did America just drop the mother of all bombs?

There is the glib answer: Because we can. Then there is the technical answer: Because it was right for the job.

The U.S. military on Thursday dropped…

The House Republican leadership released its health care bill on Monday, March 6, which has received criticism from many conservatives in both chambers of Congress.Shawn Thew/EPA /Newscom

The key problem with the draft House health care bill is that it fails to correct the features of Obamacare that drove up health insurance costs. Instead, it mainly tweaks Obamacare’s financing and subsidy structure.

Basically, the bill focuses on protecting those who…

President Trump’s budget proposed $603 billion in defense spending for 2018, topping the Obama administration’s commitment of $584 billion. (Photo: iStock Photos)

In 1990, with the fall of the Soviet Union and following eight years of military buildup under President Ronald Reagan, the American people seemed to agree: The United States was spending enough on the military.

Fast forward to 2017, and it’s obvious that…

The United States is now ranked 17th in economic freedom, it’s lowest score ever.Photo from iStock

It’s already been eight years since the Great Recession, yet the U.S. economy has been just inching along, with its productivity flagging and millions being locked out of the labor market.

One critical underlying factor for this lack of economic…

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