Here’s what actually happens when politicians try to control debt with spending restraint or tax increases.

Government is getting far too big.

Do you want the bad news or the worse news?

Today’s $1 trillion deficit would be a budget surplus of nearly $500 billion.

A 2×2 matrix to visualize good fiscal policy.

A balanced budget requirement is neither necessary nor sufficient for good fiscal policy.

Should supporters of limited government embrace additional tax relief?

What caused the deficit jump?

The numbers show that government spending is only getting worse.

Here’s what you need to know.