Texas started following fiscal policy’s Golden Rule only relatively recently, but it’s paying dividends.
Daily Analysis
A Simple Spending Cap Will Avert America’s Fiscal Crisis
Some fiscal experts fret that deficits and debt are increasing, but the real problem is that the spending burden is rising faster than the tax burden.
Donald Trump Supports Massive Tax Increases on Middle-Class Americans, Part II
Tax increases are the unavoidable outcome of Trump’s opposition to entitlement reform.
Assessing North Carolina’s Fiscal Policy
North Carolina has gone from one of the worst to one of the best states on fiscal policy. But not everyone is happy about what’s happened in the Tarheel State.
Does America Have an Under-Taxation Problem?
Federal tax revenues have skyrocketed. When will enough be enough?
“Prioritization” and Debt Limit Nonsense
There’s plenty of money to pay interest on the debt. There would only be a default if Joe Biden or Janet Yellen (the Treasury Secretary) deliberately chose not to prioritize.
Donald Trump Supports Massive Tax Increases on Middle-Class Americans
Opposing any and all entitlement reform will guarantee eventual tax increases.
Macron’s Pension Reform Is Necessary (but Inadequate)
Macron wants reforms to the country’s pay-as-you-go pension system.
Washington’s Fake Spending Cut Charade
Misleading rhetoric again clouds budget debates.
Fiscal Follies: Texas vs. California, Part VIII
What were the consequences of California’s grotesque spending binge?