by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Economics, Government Spending
America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs,...
by CF&P | Feb 16, 2011 | Big Government, Blogs, Government Spending
Fiscal policy wonks (like me, I’m forced to admit) sometimes miss the forest because we focus too much on individual trees. So while I think my posts on the spending and revenue sides of Obama’s new budget contained lots of useful information, I didn’t pay any...
by Dan Mitchell | Feb 14, 2011 | Big Government, Blogs, Government Spending, Welfare and Entitlements
President Obama’s proposed budget for fiscal year 2012 has been released and there is lots of rhetoric in Washington about “budget cuts.” At first glance, this seems warranted. According to the just-released fiscal blueprint, the federal government is spending about...
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....
