by Dan Mitchell | Feb 20, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
One of my presentations at CPAC addressed America’s long-term entitlement crisis. I was part of a panel organized by the National Taxpayers Union, and I discussed how to solve the long-run fiscal problems caused by Social Security, Medicare, and Medicaid. The lighting...
by Brian Garst | Feb 14, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
President Obama unveiled his fiscal year 2012 budget today, and there’s good news and bad news. The good news is that there’s no major initiative such as the so-called stimulus scheme or the government-run healthcare proposal. The bad news, though, is that government...
by Dan Mitchell | Feb 13, 2011 | Big Government, Blogs, Government Spending, Taxation
Chalk up another victory – at least on the rhetorical level – for the Tea Party. President Obama will release his fiscal year 2012 budget tomorrow and he’s apparently become a born-again fiscal conservative. Here are some excerpts from a Washington Post story....
by Dan Mitchell | Feb 12, 2011 | Big Government, Blogs, Government Spending
I am pleasantly stunned that GOP leaders have increased the level of cuts in the bill that will fund the government for the final seven months of fiscal year 2011. Kudos to the freshman members, the Tea Party, and the conservatives who have led the charge and achieved...
by Dan Mitchell | Feb 10, 2011 | Big Government, Blogs, Government Spending, Taxation
Proponents of higher taxes are fond of claiming that Bill Clinton’s 1993 tax increase was a big success because of budget surpluses that began in 1998. That’s certainly a plausible hypothesis, and I’m already on record arguing that Clinton’s economic record was much...
