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Bragging about the Debt Brake…but Failing to Explain What Makes It Successful

by Dan Mitchell | Apr 27, 2014 | Big Government, Blogs, Economics, Government Spending

What happens when you mix something good with something bad? To be more specific, what happens when you have a big success story, like the spending cap in Switzerland that has dramatically slowed the growth of government, and then expect intelligent and coherent...

Assessing the New Ryan Budget

by Dan Mitchell | Apr 1, 2014 | Big Government, Blogs, Economics, Government Spending

Congressman Paul Ryan, the Republican Chairman of the House Budget Committee, has unveiled the GOP’s latest budget plan. Is this proposal deserving of applause or criticism? The answer is yes and yes, with a bit of emphasis on the former. Let’s start with some...

New CBO Numbers Show a Remarkably Simple Path to a Balanced Budget

by Dan Mitchell | Feb 6, 2014 | Big Government, Blogs, Government Spending, Health Care

A just-released report from the bean counters at the Congressional Budget Office is getting lots of attention because the bureaucrats are now admitting that Obamacare will impose much more damage to the economy than they previously predicted. Of course, many people...

It’s Amazingly Simple to Balance the Budget

by Dan Mitchell | Sep 17, 2013 | Big Government, Blogs, Economics, Government Spending

I’m testifying tomorrow to the Joint Economic Committee about “The Economic Costs of Debt-Ceiling Brinkmanship.” I won’t give away what I’m going to say (though you can probably figure out my views rather easily by reading this, this and this), but I do want to share...

Senator Patty Murray Is Right…and Completely Wrong…about the 1990s

by Dan Mitchell | Mar 15, 2013 | Blogs, Economics

I wrote about the Ryan budget two days ago, praising it for complying with Mitchell’s Golden Rule and reforming Medicare and Medicaid. But I believe in being honest and nonpartisan, so I also groused that it wasn’t as good as the 2011 and 2012 versions. Now it’s time...
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