Economic Analysis
The Fed Raised Rates for the First Time Since 2023. Washington’s $40 Trillion Debt Just Got More Expensive.
The Federal Reserve raised rates a quarter point to 3.75 to 4 percent, its first increase since 2023.
Analysis
Page 4 of 36. Newest stories are on page one.
Analysis, Page 4
- Economic Analysis
Congress Will Start Another Fiscal Year Without Its Spending Bills. It Has Finished Them on Time Four Times in 50 Years.
Congress will begin fiscal 2027 on October 1 without any of its 12 spending bills, running on a stopgap through December 11.
- Economic Analysis
Washington’s Gold Is Worth $1.1 Trillion. Its Books Still Say $11 Billion.
The Treasury carries 261.5 million ounces of gold at $42.22 an ounce, about $11 billion. At market prices it is worth about $1.1 trillion.
- Economic Analysis
TPPF Proposes an Office of State Sovereignty to Screen Federal Grants. Texans Paid for Them First.
The Texas Public Policy Foundation proposes an Office of State Sovereignty to review every federal grant a Texas government seeks.
- Economic Analysis
Nearly a Fifth of Every Dollar Washington Collects Now Goes to Interest
Net interest on the federal debt reached 18.5 percent of federal revenue in 2025, past the record set in 1991.
- Commentary
I Crossed the Line at Twenty-Two
Thirty years ago today, I pressed my thumb into red ink in a Tyler hotel hallway and joined the fight for Texas independence.
- Commentary
Nothing New Under the Sun
The Cruz rumor, Salmon Chase, and the case Texans are told settles everything
- Economic Analysis
Washington Bills Texas for the Deficit Texas Cannot Run
Washington will borrow about $1.9 trillion this year with no law to stop it.
- Political Analysis
New Secretary of State Punts On Closed Primary Question
The new secretary of state points to the Legislature. But the fight over closing Texas primaries ends in a federal courtroom in Amarillo, and a 2027 statute would not change that.
- Economic Analysis
The Fed Holds Rates High and Texas Gets No Vote
The Federal Reserve held its benchmark rate for a fifth straight meeting, keeping the 30-year mortgage near a 12-month high and Texas homes expensive.
- Commentary
There Is No Such Thing as Two First Places
More candidates are calling themselves America First and Texas First at once.
- Commentary
What a Village in England Just Told Texas
A village in Oxfordshire voted to hold a referendum on leaving the United Kingdom.
