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Here’s How to Balance the Budget

by Dan Mitchell | Oct 4, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation

Our fiscal policy goal should be smaller government, but here’s a video for folks who think that balancing the budget should be the main objective. The main message is that restraining the growth of government is the right way to get rid of red ink, so there is no...

There Is No Libertarian or Conservative Argument for Higher Taxes

by Dan Mitchell | Oct 2, 2010 | Big Government, Blogs, Government Spending, Taxation

Eli Lehrer has an article on the FrumForum entitled “Five Revenue Raisers the GOP Should Back.” He argues it would be good to get rid of preferences such as the state and local tax deduction and the mortgage interest deduction, and he also asserts that there should be...

Overhauling CBO and JCT Is a Real Test of GOP Resolve, not the “Pledge to America”

by Dan Mitchell | Sep 30, 2010 | Big Government, Blogs, Government Spending, Taxation

While I’m glad Republicans are finally talking about smaller government, I’ve expressed some disappointment with the GOP Pledge to America. Why “reform” Fannie and Freddie, I asked, when the right approach is to get the government completely out of the housing sector....

It’s Simple to Balance the Budget without Higher Taxes

by Dan Mitchell | Sep 22, 2010 | Big Government, Blogs, Government Spending, Taxation

John Podesta of the Center for American Progress had a column in Politico yesterday asserting that “closing the budget gap entirely on the spending side would require draconian programmatic cuts.” He went on to complain that there are some people who “refuse to look...

New York Times Seeks Higher Taxes on the “Rich” as Prelude to Higher Taxes on the Middle Class

by Dan Mitchell | Aug 24, 2010 | Big Government, Blogs, Economics, Government Spending, Taxation

In a very predictable editorial this morning, the New York Times pontificated in favor of higher taxes. Compared to Paul Krugman’s rant earlier in the week, which featured the laughable assertion that letting people keep more of the money they earn is akin to sending...
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