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...
by Dan Mitchell | Feb 5, 2023 | Big Government, Blogs, Government Spending
Regular readers know that I generally don’t get overly agitated about government debt (I get far more upset about counterproductive spending, regardless of how it is financed). But even I recognize that there is a point where debt becomes...
by Dan Mitchell | Jan 26, 2023 | Big Government, Blogs, Government Spending, Taxation
When leftists (or misguided rightists) tell me that Americans are under-taxed and that the government has lots of red ink because of insufficient revenue, I sometimes will direct them to the Office of Management and Budget’s Historical...
by Dan Mitchell | Jan 22, 2023 | Big Government, Blogs, Government Spending
Back in 2016, here’s what I said about the debt limit during some congressional testimony (and I made very similar points in some 2013 testimony). Near the end of my testimony (about 4:55) I discuss “prioritization,” which is what would happen if the debt limit is not...
by Dan Mitchell | Jan 4, 2023 | Big Government, Blogs, Economics, Government Spending
As part of my annual “Hopes and Fears” column, a rejuvenated interest in spending restraint was at the top of my list. This clip from a recent interview summarizes the economic issues. If you don’t want to watch the video, here are the three things to...
