by Dan Mitchell | Feb 14, 2020 | Big Government, Blogs, Flat Tax, Government Spending, States, Taxation
The most important referendum in 2019 was the effort to get Colorado voters to eviscerate the Taxpayer Bill of Rights. Fortunately, the people of the Centennial State comfortably rejected the effort to bust the state’s successful spending cap. The most important...
by Dan Mitchell | Feb 13, 2020 | Big Government, Blogs, Government Spending
Back in 2012, when America had a budget deficit above $1 trillion, Investor’s Business Daily opined that America’s fiscal mess could have been avoided if politicians had simply adopted a TABOR-style spending cap starting in 1998. As illustrated by the accompanying...
by Dan Mitchell | Feb 12, 2020 | Blogs, Taxation
I pointed out yesterday that Donald Trump has increased domestic spending at a faster rate than Barack Obama, Bill Clinton, or Jimmy Carter. The day before, I castigated him for proposing a budget that expands the burden of government spending by $2 trillion over the...
by Dan Mitchell | Feb 11, 2020 | Big Government, Blogs, Government Spending
Trump’s new budget was released yesterday and almost every media outlet wrote about supposed multi-trillion dollar spending cuts when, in reality, the President’s budget actually calls for nearly $2 trillion of additional spending over the next 10 years. The bottom...
by Dan Mitchell | Feb 10, 2020 | Big Government, Blogs, Government Spending
I would prefer not to write about President Trump’s new budget, largely because I know it’s not a serious proposal. Even before he was elected, I pointed out that Trump was a big-government Republican who had no intention of dealing with serious fiscal issues such as...
