by Dan Mitchell | May 13, 2026 | Blogs, Government Spending
Regarding the pervasive problem of cost overruns (defined as government programs and projects that wind up costing far more than initial estimates), I’ve always appreciated this image sent by a reader. It nicely captures a key...
by Dan Mitchell | Jun 23, 2013 | Big Government, Blogs, Government Spending
Why does virtually everything the government does cost more than we’re initially told? In 2009, for instance, I warned that Obamacare would be much more costly than advertised, so I certainly wasn’t surprised several years later when the numbers began to climb. Heck,...
by Dan Mitchell | Jun 17, 2012 | Big Government, Blogs, Europe, Government Spending
Many of us know that Obamacare will be very expensive and that supporters, aided and abetted by the Congressional Budget Office, deliberately low-balled the cost estimates. I’ve also cited my Cato colleague Chris Edwards, who has made a more comprehensive (and...
