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Democrats' Plans for More Spending Could Mean a Lost Decade for America

House and Senate Democrats are preparing to release another very costly legislative response to COVID-19. No cost estimate is available quite yet, but we know that it’s likely to rival the $2.3 trillion cost of the Phase III bill, the CARES Act, which passed Congress in March. Although all the details of the Democrats’ legislation haven’t been released, it will likely include $1 trillion in funding for state and local governments, bailouts for pension funds and the U.S. Postal Service, expansion of food stamps and the earned income tax credit, universal basic income, and an “essential worker bill of rights.”

Op-ed Placement

The Real Housing Market Crash Villains

BY Stephen Moore and Larry Kudlow

I’m going to reveal the grand secret to getting rich by investing. It’s a simple formula that has worked for Warren Buffett, Carl Icahn and all the greatest investment gurus over the years. Ready?