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Rep. Thomas Petri (R-Wis.) on Thursday introduced legislation to provide tax credits and deductions for political donors making small contributions.

We should favor herding Americans back to the cities through whatever policy measures will achieve that goal.

A new report says declining revenues and bad Wall Street deals—not out-of-control spending or generous pension benefits--contributed the most to Detroit’s bankruptcy.

The report from the left-leaning think tank Demos also accuses Emergency Manager Kevyn Orr of attacking the problem in “inappropriate” ways that are “not rooted in fact.”

The best policy measures are those that solve two or more problems at once. So consider this idea: Let's tackle Washington's revenue challenges through tax hikes that mainly hit suburbanites and incentivize urban living. 

The need for more revenues is clear enough: federal taxes are near a 60-year low even as the Baby Boomers retire, China rises, infrastructure crumbles, and deficits stretch as far as the eye can see. Enough said on this point. 

Be careful what you wish for is good advice, and I'll be the first to admit that progressives may rue the day they celebrated historic changes to the Senate's filibuster rules.

Like when President Paul Ryan is packing the courts with pro-life judges in 2023. 

Detroit's debts are a fraction of the $18bn lawyers pushing for bankruptcy say they are, and their costs are "irrelevant, misleading and inflated," according to a report released Wednesday.

A former Wall Street investment banker is taking Detroit Emergency Manager Kevyn Orr to task for blaming the city’s financial collapse, in part, on escalating pension and retiree health insurance costs.

The official story about Detroit goes something like this: Decades of mismanagement and out-of-control spending have left the city with a crushing $18 billion in debt.