by Dan Mitchell | May 15, 2019 | Big Government, Blogs, Government Spending
Earlier this year, I reviewed new fiscal projections from the Congressional Budget Office (CBO) and showed that balancing the budget would be relatively easy if politicians simply limited spending so that it didn’t grow faster than inflation. Though I made sure to...
by Dan Mitchell | Apr 18, 2019 | Big Government, Blogs, Economics, Government Spending
There are two things everyone should understand about the federal budget. First, America faces a grim future because Washington spending will consume an ever-larger share of economic output because of demographic changes and poorly designed entitlement programs....
by Dan Mitchell | Jan 31, 2019 | Big Government, Blogs, Government Spending
The Congressional Budget Office just released it’s annual Budget and Economic Outlook, and that means I’m going to do something that I first did in 2010 and most recently did last year. I’m going to show that it’s actually rather simple to balance the budget...
by Dan Mitchell | May 19, 2018 | Big Government, Blogs, Government Spending
During the election season, I speculated Trump was a big government Republican, and he confirmed my analysis this past February when he acquiesced to an orgy of new spending and agreed to bust the spending caps. That awful spending spree gave huge increases to almost...
by Dan Mitchell | Apr 10, 2018 | Big Government, Blogs, Government Spending
The Congressional Budget Office just released its annual Economic and Budget Outlook, and almost everyone in Washington is agitated (or pretending to be agitated) about annual deficits exceeding $1 trillion starting in the 2020 fiscal year. All that red ink isn’t good...
