by Dan Mitchell | Oct 13, 2023 | Big Government, Blogs, Government Spending
Since I’m a big fan of spending caps in Switzerland and Colorado, I’m always on the lookout for research and analysis about fiscal rules. For instance, there are pro-spending-cap studies from left-leaning bureaucracies such as the...
by Dan Mitchell | Oct 7, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been warning for many years (including less than two weeks ago) that it would be a big mistake to have a “grand bargain” budget deal that includes tax increases. This is not because of math. It is possible, of course, to have an acceptable...
by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
by Dan Mitchell | Sep 8, 2023 | Big Government, Blogs, Government Spending, Taxation
The burden of federal spending today is too high, diverting resources from the productive sector of the economy and sapping America’s economic vitality. Unfortunately, today’s bad news about excessive government spending will become tomorrow’s...
by Dan Mitchell | Sep 4, 2023 | Big Government, Blogs, Government Spending
The 21st Century has been bad news for advocates of limited government. Every president over the past two decades has been a big spender. Including Joe Biden. Yes, there was a brief dip in the spending burden in 2022, but that was only because of...