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Fiscal Fights with Friends: Tax Increases Don’t Improve National Well-Being

Fiscal Fights with Friends: Tax Increases Don’t Improve National Well-Being

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...
More Good News Thanks to Colorado’s TABOR Spending Cap

More Good News Thanks to Colorado’s TABOR Spending Cap

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?...
Beware Bad Budget Deals, Part III

Beware Bad Budget Deals, Part III

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...
The 2024 Version of America’s Dismal Fiscal Future

The 2024 Version of America’s Dismal Fiscal Future

by Dan Mitchell | Mar 21, 2024 | Big Government, Blogs, Government Spending, Taxation

The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue my annual tradition (see 2018, 2019, 2020, 2021, 2022, 2023) of sharing some very bad news about America’s fiscal future. Most...
Washington’s Fiscal Ponzi Scheme

Washington’s Fiscal Ponzi Scheme

by Dan Mitchell | Mar 20, 2024 | Big Government, Blogs, Economics, Government Spending

My book on fiscal policy, co-authored with Les Rubin, is now officially published. I wrote a sneak-peak column about The Greatest Ponzi Scheme on Earth last week. There are three main takeaways from our book. The problem is spending The problem is...
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