by Dan Mitchell | Mar 25, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
Last week, I applauded the Chairmen of the House and Senate Budget Committees for proposing budgets that complied with my Golden Rule, which means the burden of government would grow slower than the private sector. But my praise was limited because neither budget is...
by Dan Mitchell | Mar 19, 2015 | Big Government, Blogs, Economics, Government Spending
Earlier this year, President Obama proposed a budget that would impose new taxes and add a couple of trillion dollars to the burden of government spending over the next 10 years. The Republican Chairmen of the House and Senate Budget Committees have now weighed in....
by Dan Mitchell | Mar 16, 2015 | Big Government, Blogs, Economics, Government Spending
It’s not very often that I applaud research from the International Monetary Fund. That international bureaucracy has a bad track record of pushing for tax hikes and other policies to augment the size and power of government (which shouldn’t surprise us since the IMF’s...
by Dan Mitchell | Jan 26, 2015 | Big Government, Blogs, Government Spending, Taxation
Just like the swallows return each year to Capistrano, I eagerly await the Congressional Budget Office’s release of its annual Economic and Budget Outlook. But not just because I’m a fiscal wonk. I also like perusing this publication to find CBO’s “baseline” forecast...
by Dan Mitchell | Dec 18, 2014 | Big Government, Blogs, Economics, Government Spending, Taxation
Like a lot of libertarians and small-government conservatives, I’m prone to pessimism. How can you be cheerful, after all, when you look at what’s been happening in our lifetimes. New entitlement programs, adopted by politicians from all parties, are further adding to...