September 26, 2013 Former Sen. Phil Gramm, (R-Texas), on the debt ceiling debate and efforts to defund ObamaCare. Watch the video...
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Cavuto-Phil Gramm: Find ObamaCare’s weakest link and go for that
The Clinton-Era Roots of the Financial Crisis
Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages. By Phil Gramm and Mike Solon* Simply put, the financial crisis of 2008 was caused by a lot of banks making a lot of loans to a lot of people who either could not or...
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Phil Gramm: A GOP Game Plan for Tax Reform
If the special deals that create crony capitalism are allowed to survive, Republican efforts will have failed. Thanks to the efforts of Democrat Sen. Max Baucus and Republican Rep. Dave Camp, Congress will take up tax reform this year. Before the debate begins, however, Republicans need to set out the...
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Gramm and McMillin: The Debt Problem Hasn’t Vanished
While deficit projections have recently moderated, the cost of servicing the national debt will explode once interest rates begin to rise. A version of this article appeared May 22, 2013, on page A15 in the U.S. edition of The Wall Street Journal, with the headline: The Debt Problem Hasn’t Vanished....
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Michael Solon: The Revenue Deficit From Progressive Tax Rates
The government now relies far more on fewer and wealthier taxpayers. No wonder revenues are lower. The two policies that national Democrats blame for massively unbalanced federal budgets—the Bush tax cuts and the wars in Iraq and Afghanistan—have been largely repealed. Yet deficits are projected to average $700 billion a...
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