by Dan Mitchell | Mar 29, 2024 | Big Government, Blogs, Government Spending
Given what I recently wrote about America’s long-fun fiscal outlook, it is easy to understand why I expressed pessimism as part of a conversation with David McIntosh of the Club for Growth. The presidential candidates are a big reason for my dour outlook. Joe...
by Dan Mitchell | Mar 28, 2024 | Blogs, Economics, Taxation
The good news is that there is very little risk that President’s new budget – which is very similar to his previous budgets – will be approved by Congress. The bad news is that his budget is filled with terrible policy. Big expansions in the...
by Dan Mitchell | Mar 27, 2024 | Big Government, Blogs, Economics, Government Spending
Last year, I filled out a do-it-yourself federal budget prepared by the Washington Post and another one put together by the Committee for a Responsible Federal Budget. In both cases, my main complaint was that they did not give enough...
by Dan Mitchell | Mar 25, 2024 | Big Government, Blogs, Government Spending, States
Colorado has the best fiscal rule in the United States. The Taxpayer Bill of Rights (TABOR) limits state government spending so that it cannot grow faster than inflation plus population. Does Colorado’s spending cap work perfectly?...
by Dan Mitchell | Mar 23, 2024 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
I’ve already written two columns (here and here) about why a “bipartisan” budget deal would be a recipe for higher taxes and bigger government. To start our third installment in this series, here’s a clip from my recent appearance on Vance Ginn’s Let People...
