by Dan Mitchell | Aug 2, 2011 | Blogs, Economics, Laffer Curve, Tax Competition, Taxation
Now that the debt-limit fight is basically over (the Senate will join the House in approving it later today), we need to immediately prepare for the next stage in the fight to stop big government and restore economic liberty. President Obama and other leftists clearly...
by Dan Mitchell | Aug 1, 2011 | Big Government, Blogs, Government Spending, Taxation
Politicians last night announced the framework of a deal to increase the debt limit. In addition to authorizing about $900 billion more red ink right away, it would require immediate budget cuts of more than $900 billion, though “immediate” means over 10 years and...
by Dan Mitchell | Jul 31, 2011 | Big Government, Blogs, Government Waste
I realize that national defense is one of the few legitimate functions of the federal government, but that doesn’t mean the Pentagon budget isn’t riddled with waste, fraud, and abuse. Here’s a jaw-dropping example reported by Bloomberg. A U.S. contractor in Iraq...
by Dan Mitchell | Jul 30, 2011 | Big Government, Blogs, Government Spending, Government Waste
While I’ve been somewhat critical of Senator Coburn’s willingness to raise taxes, I’ve never doubted that he is a sincere and tireless fighter for smaller government. Indeed, his staff periodically share examples of government waste that boggle the mind, though I...
by Dan Mitchell | Jul 29, 2011 | Big Government, Blogs, Government Spending
In the spirit of the budget battle, readers have to eat their peas (i.e., endure my analysis) before getting to the dessert menu of jokes from the late-night comics. The big news today is that Speaker Boehner had to cancel a vote on his “Budget Control Act” last...
