The Fiscal Reality Check
Joshua Rauh, Daniel Heil, Matheus Cosso, Gregory Kearney, Lincoln Gerstner, John Doran, Benjamin JarosTaxes, Spending, and the Bottom Line
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 19 | Founded | 6 months ago | Last Issue | 11 days ago |
| Active | |||||
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fiscalrealitycheck.substack.comLatest Issues
The Manufactured Crisis of Federal Healthcare Funding
Since the One Big Beautiful Bill Act (OBBBA) was passed last year, a steady drumbeat of media coverage has decried its allegedly draconian cuts to federal healthcare spending in the states. State leaders in California, New York, and other s...
Thinking Like Mark Cuban
One of the main dangers of California’s Proposition 40, the wealth tax that Californians will vote on in November, is its likely effects on the financing ecosystem for California startups. Founders themselves are saying it, like Rippling’s...
What’s Driving Medicare Spending Growth?
Medicare looms remarkably large in the federal government’s fiscal outlook. According to the Congressional Budget Office (CBO), total federal spending will rise from 23.1% of GDP in 2025 to 24.4% in 2036, an increase of 1.3 percentage point...
The Gap Between Perception and Reality on Fiscal Policy and Inequality
Fiscal Reality Check is back from summer travels. Last week, the Hoover Institution hosted 100 students from around the country for the 10th annual Hoover Institution Summer Policy Boot Camp, a flagship educational program that I co-founded...
Promises a Republic Can Keep
Happy 4th of July, Fiscal Reality Checkers, and happy 250th birthday to our republic. A milestone worth celebrating, and worth thinking hard about.
James Madison spent a lot of time thinking about property, debt, and the limits of majority...
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| Subscribers | Engagement | 73 | Monthly Web Visits | ||
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Authors
The writers behind this newsletter.
George P. Shultz Senior Fellow at the Hoover Institution, Ormond Family Professor of Finance at the Stanford Graduate School of Business
I'm a policy fellow at the Hoover Institution, researching health care, entitlement reform, and the federal budget.
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.
Policy Fellow at the Hoover Institution, Contributor to Liberty Lens & Fiscal Reality Check.
Student-athlete at Sacred Heart Prep(co 2027) Learning fast, but a long way to go.
John Doran is a research analyst for the Hoover Institution’s Fiscal Policy Initiative. His research interests include public finance, financial economics, and monetary economics.
Research Fellow at the Hoover Institution and Economist interested in Public Finance, Taxation, and Economic History.
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