by Dan Mitchell | Jan 27, 2016 | Big Government, Blogs, Government Spending
The Congressional Budget Office has just released its new 10-year fiscal forecast and the numbers are getting worse. Most people are focusing on the fact that the deficit is rising rather than falling and that annual government borrowing will again climb above $1...
by Dan Mitchell | Dec 18, 2015 | Big Government, Blogs, Government Spending
The fact that there’s widespread support for spending caps from groups that support limited government is hardly a surprise. After all, we have lots of real world evidence that limits on the growth of government spending – if sustained for multi-year periods – can...
by Dan Mitchell | Aug 26, 2015 | Uncategorized
Earlier this month, Americans for Prosperity held a “Road to Reform” event in Las Vegas. I got to be the warm-up speaker and made two simple points. First, we made a lot of fiscal progress between 2009 and 2014 because various battles over debt limits,shutdowns, and...
by Dan Mitchell | May 25, 2015 | Big Government, Blogs, Government Spending
When I first came to Washington back in the 1980s, there was near-universal support and enthusiasm for a balanced budget amendment among advocates of limited government. The support is still there, I’m guessing, but the enthusiasm is not nearly as intense. There are...
by Dan Mitchell | Apr 1, 2015 | Big Government, Blogs, Economics, Government Spending
It’s amazingly simple to reduce the burden of government spending. Policy makers simply need to impose some modest spending restraint so that government doesn’t grow faster than the economy’s productive sector. In a display of humility that can only be found in...