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Taxes, Spending, and the Bottom Line

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Issues10Founded2 months agoLast Issue8 days ago
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Artwork for The Fiscal Reality Check

Latest Issues

Who Actually Loses Medicaid Under the OBBBA?

Much of the rhetoric surrounding the Medicaid eligibility requirements in the One Big Beautiful Bill Act (OBBBA) has been hyperbolic, casting the act’s work requirements as a draconian assault on the social safety net.

Last Spring, prior...

8 days ago
3

Misdiagnosing California’s Fiscal Crisis

Supporters of the California wealth tax are telling voters that Washington just blew a “$19 billion per year budget hole” in California’s Medicaid program, known as Medi-Cal, and that their new tax on billionaires is the necessary response....

13 days ago
7
1

California's Anchor Firms Are Hiring. Just Not in California.

As California’s proposed wealth tax moves closer to the ballot, the debate has settled into a familiar exchange.

Supporters ask why billionaires shouldn’t pay more. Opponents reply that billionaires can leave. Defenders of the tax then po...

15 days ago
15
1

How Federal Debt Raises Your Mortgage Payments

I’m on my way to Washington to testify in a House Oversight Committee roundtable on the national debt. So much ink has been spilled on this topic. Why do so few people care? It seems abstract, far away.

But there are reasons to care about...

a month ago
8
1

A California Ballot Collision: Wealth Tax vs. Savings Protections

Days after the healthcare union behind the proposed 5% wealth tax on California billionaires announced it had gathered enough signatures to qualify for the November ballot, backers of several additional measures made similar announcements....

a month ago
9

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Authors

The writers behind this newsletter.

  • Joshua Rauh

    Stanford Finance Professor, Senior Fellow at the Hoover Institution, Co-Founder of the Global Liberty Institute

  • Gregory Kearney

    Researcher at the Hoover Institution, Contributor to Liberty Lens.

  • Benjamin Jaros

    Research Fellow at the Hoover Institution and Economist interested in Public Finance, Taxation, and Economic History.

  • Daniel Heil

    I'm a policy fellow at the Hoover Institution, researching health care, entitlement reform, and the federal budget.

  • Matheus Cosso

    Research Analyst at the Hoover Institution focusing on political economy and public economics. Supports fiscal, innovation, and regulatory research, and conducts independent research on special-interest politics, modeling rent-selling processes.

  • Lincoln Gerstner

    Student-athlete at Sacred Heart Prep(co 2027) Learning fast, but a long way to go.

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