by Dan Mitchell | Jun 29, 2023 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue a now-annual tradition (see 2018, 2019, 2020, 2021, 2022) of sharing some very bad news about America’s fiscal future. Here’s the most...
by Dan Mitchell | Jun 18, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Earlier this year, speaking at the Acton Institute in Michigan, I presented an optimistic case for spending restraint. My premise was very simple, summarized in four sentences. Spending restraint is desperately needed.Spending restraint is...
by Dan Mitchell | Jun 6, 2023 | Big Government, Blogs, Welfare and Entitlements
In my recent interview with John Stossel, I explained that America’s entitlement programs are unsustainable because of demographic change. Our population pyramid is turning into a population cylinder, so there will not be enough...
by Dan Mitchell | May 31, 2023 | Big Government, Blogs, Taxation, Welfare and Entitlements
In a just-released interview with John Stossel, I discuss how the United States faces an entitlement crisis that will result in massive tax increases on poor and middle-class households. Or worse. As explained in the video, there are some unavoidable facts that need...
by Dan Mitchell | May 15, 2023 | Big Government, Blogs, Government Spending, Taxation
What do Joe Biden and Donald Trump have in common? Speaking earlier this year to the Mackinac Center in Michigan, I warned they both implicitly favor massive tax increases on ordinary households. If you don’t want to spend two minutes watching the...