Republicans are right that federal budgeting is a joke
But threatening America’s credit is even dumber
Although no other two-word combination may so prompt eyes to glaze and minds to wander, the history of America can be understood as a struggle over its budget process. After colonial legislatures restricted governors’ powers to tax and spend, parliament struck back by passing the Stamp Act to tax the colonies—and everyone knows the trouble that led to.
This article appeared in the United States section of the print edition under the headline “Bad rap”
United States
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- Republicans are right that federal budgeting is a joke

From the February 4th 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionDonald Trump’s Washington reaches a new partisan peak
His address to Congress showed that Republicans will follow their leader anywhere, and that Democrats don’t have one
Andrew Cuomo plots a comeback in New York City
The disgraced former governor announces a run for mayor of the Big Apple
Trump’s armed forces won’t look like Biden’s
America is set to spend more—and differently
Steve Witkoff, Donald Trump’s savvy dealmaker
The novice diplomat embodies the president’s transactional worldview
America has never had state media like it does today
Donald Trump and Elon Musk are revolutionising presidential communication
America’s Gen Z has got religion
Because of them, a long decline in the number of Christians has levelled off