by Dan Mitchell | Aug 4, 2022 | Big Government, Blogs, Government Spending
I don’t like shoveling more money at a corrupt IRS, hurting jobs with higher taxes on “book income,” price controls on prescription drugs, or green-energy pork. But, as explained in this video clip, the insult added to injury is that the...
by Dan Mitchell | Jul 30, 2022 | Big Government, Blogs, Government Spending, Taxation
Yesterday’s column analyzed some depressing data in the new long-run fiscal forecast from the Congressional Budget Office. Simply stated, if we leave fiscal policy on auto-pilot, government spending is going to consume an ever-larger share of America’s...
by Dan Mitchell | Jul 29, 2022 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new long-run fiscal forecast. Like I did last year (and the year before, and the year before, etc), let’s look at some very worrisome data. We’ll start with projections over the next three...
by Dan Mitchell | May 26, 2022 | Big Government, Blogs, Government Spending
America’s fiscal future is very grim, largely because of an ever-expanding burden of entitlement spending. To see the magnitude of the problem, let’s peruse the Budget and Economic Outlook, which was released yesterday by the Congressional...
by Dan Mitchell | May 8, 2022 | Big Government, Blogs, Government Spending
After almost 16 months in office, what is President Biden’s track record on fiscal policy? The good news is that his big tax-and-spend plan to “build back better” has not been approved by Congress (and fingers crossed that it stays that way)....
