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The Stupid Party Strikes Again: Republicans May Raise Debt Limit in Exchange for Symbolic BBA Vote

The Stupid Party Strikes Again: Republicans May Raise Debt Limit in Exchange for Symbolic BBA Vote

by Dan Mitchell | Mar 25, 2011 | Big Government, Blogs, Government Spending

The old joke in Washington is that Democrats are the evil party and Republicans are the stupid party (which is why you should guard your wallet and freedom whenever you hear talk of “bipartisanship”). The GOP definitely is doing what it can to prove that at least one...

Norquist Is Right and Coburn Is Wrong: Tax Increases Will Lead to More Spending, Not Lower Deficits

by Dan Mitchell | Mar 11, 2011 | Big Government, Blogs, Economics, Government Spending, Taxation

There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of...

Barack Obama and Harry Reid Are AWOL in the Fight for Fiscal Responsibility

by Dan Mitchell | Mar 9, 2011 | Big Government, Blogs, Government Spending

In the past 10 years, the burden of federal spending has skyrocketed, more than doubling from$1.86 trillion in 2001 to an estimated $3.82 this year. President Bush deserves a lot of the blame thanks to the no-bureaucrat-left-behind bill that bloated the Department of...

Latest News on a Government Shutdown, Including a Debate with Robert Reich on CNBC

by Dan Mitchell | Mar 8, 2011 | Big Government, Blogs, Government Spending

In this discussion on Larry Kudlow’s show, I reiterate the central point from my National Review article and explain that the government shutdown in 1995 led to real fiscal restraint. If that was a loss for the GOP, I hope they lose again this year. But will this...

GOP Wins First Skirmish in Budget Fight, but Shutdown Battle Still Looms

by Dan Mitchell | Mar 2, 2011 | Big Government, Blogs, Government Spending

A large number of Democrats voted with Republicans in the House yesterday to pass a two-week spending bill that includes $4 billion in cuts compared to what Obama requested. This is a modest victory for the GOP since they can truthfully claim that they are on target...
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