Chet Collins

A Federal Budget Warning for Joe Manchin - WSJ Opinion

Alas, higher spending will more than offset all of the revenue windfall. Recall how Members of Congress claimed their $1 trillion infrastructure bill would be “fully paid for”? CBO now says the bill will cost $678 billion more in outlays than its estimate last summer, as higher spending on public works over the next few years will be baked into the budget baseline.

That didn’t take long.

Treasury Releases Pandemic Funding for Small Businesses as They Face New Risks - WSJ

The program was approved as part of a $1.9 trillion coronavirus aid package passed by Congress along party lines in March 2021. Since then, unemployment has fallen and the economy surpassed its prepandemic size

It’s heart-warming to see our government riding in to save us a mere 27 months after the start of the pandemic, and only 15 months after Congress authorized the spending. Efficiency!

LeBron Confused By Hockey Players Who Get Back Up After Getting Knocked Down - The Babylon Bee

Much to LeBron’s astonishment, he then witnessed a fistfight break out as two players repeatedly punched each other in the teeth. “Foul! Foul!” cried LeBron, tears streaming down his face.

There’s something magical about a Friday night at the airport in summer.

Things may be rough out there: gas prices, food prices, inflation, mortgage rates, no baby formula, empty shelves, Ukraine, it’s a long list.

But at least the president doesn’t say mean things on Twitter!

SEC Proposes More Disclosure Requirements for ESG Funds - WSJ

“A fund’s name is often one of the most important pieces of information that investors use in selecting a fund,” Mr. Gensler said.

Terrifying to think that the SEC believes this to be true, and their solution is to… change naming rules?

Last day of school!

👨🏻‍🏫

As Biden Zeroes In on Student-Loan Forgiveness Decision, Voter Anxiety Grows - WSJ

“They dangled it over our heads to get us to vote for Biden and then did nothing,” said recent UNC graduate Brandon Overbeek, a 23-year-old liberal who estimated he has almost $100,000 in student loans.

Welcome to the adult world, Brandon.

Ms. Dulin, a Democrat who has about $20,000 in student loans, didn’t vote in 2020 and said she hasn’t decided whether she will vote in the midterms. She said she would be more likely to vote if Mr. Biden put forward a substantial loan- forgiveness plan.

I look forward to buying Ms. Dulin’s education, and her vote, for the president with my tax dollars this fall.