How close is America to pulling a Greece?
read more...The good news is that the plans follow Mitchell’s Golden Rule, but they could do much more.
read more...New research shows why the fight for dynamic scoring is so important.
read more...A large free market coalition calls for injecting reality into the CBO and JCT scoring, another blow to Keynesianism, and the enduring lessons of Milton Friedman.
read more...CBO uses shoddy analysis to prop up big government. Why are some conservatives arguing for the status quo?
read more...CBO and JCT wield tremendous power. They are also dependable allies of the left.
read more...I’m frequently baffled at the stupidity of Republicans. When they took control of Congress back in 1994, for instance, they had unrestricted ability to get rid of the bureaucrats that generated bad economic analysis at both the Joint Committee on Taxation and the Congressional Budget Office. Yet notwithstanding more than a decade of congressional power, GOPers did almost nothing to neutralize the bureaucrats who […]
read more...I asked back in September whether all the bad news about Obamacare meant it was time to feel sorry for President Obama and other statists. Some people apparently didn’t realize I was being sarcastic, so I got some negative feedback. I’ve since learned to be more careful with my language, and subsequent columns about Obamacare developments have […]
read more...As a long-time advocate of tax reform, I’m not a fan of distortionary loopholes in the tax code. Ideally, we would junk the 74,000-page internal revenue code and replace it with a simple and fair flat tax – meaning one low rate, no double taxation, and no favoritism.* The right kind of tax reform would […]
read more...Our lords and masters in Washington have taken a small step in the direction of recognizing the Laffer Curve. Here are some details from a Politico report. Here’s one Republican victory that went virtually unnoticed in the slew of budget votes last week: The Senate told the Congressional Budget Office it should give more credit […]
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