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The 2025 Version of America’s Dismal Fiscal Future

The 2025 Version of America’s Dismal Fiscal Future

by Dan Mitchell | Mar 28, 2025 | Big Government, Blogs, Government Spending, Welfare and Entitlements

Some traditions are enjoyable, like opening day of the baseball season or celebrating a child’s birthday. Today, we’re going to continue an unpleasant annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023, 2024) by looking at the...
Republican Budget Games: The Simple Recipe for Fiscal Balance

Republican Budget Games: The Simple Recipe for Fiscal Balance

by Dan Mitchell | Jan 21, 2025 | Big Government, Blogs, Government Spending

The most important goal of fiscal policy should be a small burden of government, and I explain in this video that you achieve that goal by restraining the growth of spending. Small government is good for prosperity since it means politicians are not...
The 2024 Version of America’s Dismal Fiscal Future

The 2024 Version of America’s Dismal Fiscal Future

by Dan Mitchell | Mar 21, 2024 | Big Government, Blogs, Government Spending, Taxation

The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue my annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023) of sharing some very bad news about America’s fiscal future. Most...
The 2025 Version of America’s Dismal Fiscal Future

Spending Restraint Is the Simple Answer to America’s Fiscal Woes

by Dan Mitchell | Feb 8, 2024 | Big Government, Blogs, Government Spending

Way back in 2010, and then over and over again in subsequent years, I have showed that it is very simple to balance the budget. All that is necessary is some reasonable spending restraint, sort of like what happened during...
A Simple Spending Cap Will Avert America’s Fiscal Crisis

A Simple Spending Cap Will Avert America’s Fiscal Crisis

by Dan Mitchell | Feb 16, 2023 | Big Government, Blogs, Government Spending

Every six months or so, the Congressional Budget Office produces a 10-year forecast and most fiscal experts focus on the projections for deficit and debt. Those are important (and worrisome) numbers, but I first look at the data...
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