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Entitlement Spending Is America’s Biggest Fiscal Challenge, but Discretionary Spending Is Still Far too High

by Dan Mitchell | Apr 14, 2013 | Blogs, Economics, Government Spending

If America descends into Greek-style fiscal chaos, there’s no doubt that entitlement programs will be the main factor. Social Security, Medicare, Medicaid, and Disability are all fiscal train wrecks today, and the long-run outlook for these programs is frightful. Just...

A Tax Haven Primer for the New York Times

by Dan Mitchell | Apr 13, 2013 | Blogs, Tax Harmonization, Tax Havens, Taxation

I could only use 428 words, but I highlighted the main arguments for tax havens and tax competition in a “Room for Debate” piece for the New York Times. I hope that my contribution is a good addition to the powerful analysis of experts such as Allister Heath and...

Burden of Government Spending Will Be $2 Trillion Higher in 2023 According to Obama’s Budget

by Dan Mitchell | Apr 12, 2013 | Blogs, Government Spending, Taxation

If you include all the appendices, there are thousands of pages in the President’s new budget. But the first thing I do every year is find the table showing how fast the burden of government spending will increase. That’s Table S-1 of the budget, and it shows that the...

Early Details Show Obama Will Propose a Bait-and-Switch Budget Plan Containing Higher Taxes and More Spending

by Dan Mitchell | Apr 6, 2013 | Big Government, Blogs, Government Spending, Taxation

Are we about to see a new kinder-and-gentler Obama? Has the tax-and-spend President of the past four years been replaced by a fiscal moderate? That’s certainly the spin we’re getting from the White House about the President’s new budget. Let’s look at this theme,...
The Fuse Is Burning Brightly on France’s Fiscal Time Bomb

The Fuse Is Burning Brightly on France’s Fiscal Time Bomb

by Dan Mitchell | Apr 5, 2013 | Big Government, Blogs, Government Spending

It’s been more than three weeks since I targeted French fiscal policy for abuse and more than one week since I wrote something negative about the French fiscal system. I must be slowing down as I get older, so it’s time of rectify this oversight. My fundamental...
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