Universities are protesting the Trump administration’s plan to limit the overhead, also known as indirect costs, covered by federal research grants. They argue this change violates a long-standing post-World War II agreement, rooted in Vannevar Bush’s 1945 report “Science, The Endless Frontier.” That agreement was simple: The federal government would fund academic research in the public […]
Congressional Republicans are struggling to figure out how to fit all of President Donald Trump’s new proposed tax cuts into their reconciliation bill while also extending the popular 2017 individual reductions. One of the stumbling blocks is his desire to eliminate income taxes on Social Security payments, a provision that raises nearly $51 billion a […]
The United States is a debtor nation and the world’s largest debtor country. The Congressional Budget Office projected the debt-to-GDP ratio for the federal government would exceed 100% in the current fiscal year, which ends Sept. 30, 2025. The CBO also predicted the debt would rise to 118% of GDP within a decade. This means […]
Containing Iran’s Islamic theocracy, especially as it approaches nuclear weapons development, is rightly a top foreign policy priority for the second Trump administration. There’s a strong economic component to the White House’s plan for keeping Teheran on a short leash. While the Biden administration plied the mullahs with cash, Team Trump is returning to its […]
Some of humanity’s most stunning achievements are scientific, and science is rightly venerated for helping people live better, longer, more varied, and fulfilling lives. Science can do a lot. In the minds of cynical opportunists, it can even be used to end an argument: “Follow the science.” “I am the science.” “The science is settled.” […]
Sen. Bernie Sanders (I-Vt.) said the country is getting “sick and tired” of tech billionaire Elon Musk and slammed Musk’s accusation that Sen. Mark Kelly (D-Ariz.) is a traitor for visiting Ukraine as “beyond the pale.” “It’s disgusting,” Sanders said of Musk's criticism of Kelly, a decorated former naval aviator. “Kelly is a military guy...
President Trump said he would be buying a “brand new” Tesla to support his senior adviser Elon Musk, as the stock market shows shares of the electric car company tumbling. “To Republicans, Conservatives, and all great Americans, Elon Musk is ‘putting it on the line’ in order to help our Nation, and he is doing...
The funding freeze has sparked panic among thousands of scholars who area stranded outside their home countries without clarity on the future of their programs or the money needed to support themselves.