Donald Trump will enter office next year facing massive budget deficits of $2 trillion a year and rising. Here are the top 10 spending cuts he could start with.
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Promoting an American public policy based on individual liberty, limited government, free markets and peaceful international relations.
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http://www.cato.org
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Updates
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Paying more for college? It’s not because states funding has been cut (it has actually increased) but rather because the colleges are spending more. Andrew Gillen explains:
Trends in Higher Education: State Funding and Tuition Revenue at Public Colleges from 1980 to 2023
cato.org
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Let’s talk tariffs 🎙️ Protectionism—policies like tariffs meant to shield domestic industries—often backfires, raising prices and limiting choices for consumers, and straining the businesses they aim to protect. Listen to Paul Best on this episode of the Cato Daily Podcast:
A Paradox of Protectionism
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It’s time to rethink Social Security🕰️ The Social Security trust fund relies on taxes and government debt. To make Social Security last without placing additional burdens on younger workers, Romina Boccia says we should refocus Social Security to prioritize protecting vulnerable seniors. Read her analysis here:
The Social Security Trust Fund Myth
cato.org
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Many Republicans act as if they can't succeed with a large immigrant electorate. But the 2024 election provides the best evidence to date that Republicans can compete when immigration is high, writes David Bier.
Immigrants Didn’t Steal the Election After All
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Globalization isn’t just a buzzword—it’s people, quietly transforming the world around you. 🌍✨ From the car you drive to the clothes you wear, it’s a web of human collaboration happening in ways you’d never imagine. Ready to uncover the unseen forces connecting us all? Check out Faces of Globalization: https://lnkd.in/g2ic-_G7 #CatoGlobalization @scottlincicome
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On day 1, the next president can revoke or amend Executive Orders at his discretion – reforming and contracting the administrative state, ending federal affirmative action, deregulating energy production, reducing the burden of environmental protection, rolling back foreign policy mistakes, reforming trade and immigration, and more. Read about the Trump administration’s options here:
Cato Handbook on Executive Orders and Presidential Directives
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Should the US step back its involvement in NATO? This new paper explores America's post-1991 policies and suggests it's time to consider alternatives—like Europe taking charge of its own defense. Read here:
Is There Life After NATO?
cato.org