The laws of economics can be frustratingly inconvenient, especially in Washington. To many lawmakers, the fundamental principles of economics are neither fundamental nor even principles: They are tools to be bent, warped, and manipulated or outright ignored in order to yield up the answers those lawmakers want.
So it is that Democrats love to argue that raising taxes on things automatically yields more tax revenue for the government. They would have you believe that...
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Capital Journal Daybreak: GOP’s Competing Wings Slow Health Overhaul
Good morning. Here’s the latest news on the GOP’s efforts to replace Obamacare and more top stories from Washington. Click here to get the Capital Journal Daybreak newsletter delivered to your inbox. GOP Abandons Senate Health Bill, Plans Repeal Vote: GOP leaders gave up their effort to dismantle and simultaneously replace much of the Affordable Care Act […]