The Congressional Budget Office has just released the update to its Economic and Budget Outlook. There are several things from this new report that probably deserve commentary, including a new estimate that unemployment will “remain above 8 percent until 2014.” This certainly doesn’t reflect well on the Obama White House, which claimed that flushing $800 […]

A new video released today by the Center for Freedom and Prosperity Foundation (CF&P) examines how foreign countries have successfully solved fiscal problems by restraining the growth of government spending. Entitled, “Spending Restraint, Part II: Lessons from Canada, Ireland, Slovakia, and New Zealand,” the mini-documentary is a follow-up to CF&P’s last video, which demonstrated how Ronald Reagan and Bill Clinton successfully curtailed the burden of government.

America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs, the federal budget is going to consume larger and larger shares of America’s […]

Nations can make remarkable fiscal progress if policy makers simply limit the growth of government spending. This video, which is Part II of a series, uses examples from recent history in Canada, Ireland, Slovakia, and New Zealand to demonstrate how it is possible to achieve rapid improvements in fiscal policy by restraining the burden of government spending. Part I of the series examined how Ronald Reagan and Bill Clinton were successful in controlling government outlays — particularly the burden of domestic spending programs.

This arrived in my inbox today. A quick search on the Internet reveals it is not a real article from a Canadian paper. But it is somewhat amusing, so enjoy. “Build a Damn Fence!” From The Manitoba Herald , Canada ; by Clive Runnels, December 1st 2010 The flood of American liberals sneaking across the […]

Like most federal agencies, the Federal Aviation Administration is a costly bureaucracy. Its $16.4 billion budget is enormous, but that is just the direct cost borne by taxpayers. The indirect costs, such as inefficiencies imposed on the air transportation system, also are significant. This has nothing to do with the TSA, by the way. The […]

The G-20 gab-fest is in Canada this weekend, but Canadian taxpayers are definitely not winners. In a display of waste that might even embarrass a French politician, the Canadian government somehow is going to squander $1 billion hosting the event. I can’t even conceive of why such an event should even cost $10 million. Maybe […]