by Dan Mitchell | Jul 6, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
I sometimes disagree with the Committee for a Responsible Federal Budget because they mistakenly focus on reducing deficits and debt, which makes them very vulnerable to supporting counterproductive tax increases (such as...
by Dan Mitchell | Jul 4, 2023 | Big Government, Blogs, Government Spending
Calvin Coolidge probably deserves a prize for the best July 4th speech. But another president also deserves some Independence Day recognition. I’ve previously written about Grover Cleveland’s sound thinking about fiscal issues. Remarkably, his...
by Dan Mitchell | Jun 29, 2023 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office has released its new Long-Term Budget Outlook and I will continue a now-annual tradition (see 2018, 2019, 2020, 2021, 2022) of sharing some very bad news about America’s fiscal future. Here’s the most...
by Dan Mitchell | Jun 23, 2023 | Blogs, States, Taxation
In Part I of this series, I shared some excerpts from a Wall Street Journal editorial that documented how taxpayers fleeing high-tax states such as California, New York, Illinois, and New Jersey. Where are they going? In many cases, they are moving...
by Dan Mitchell | Jun 18, 2023 | Big Government, Blogs, Government Spending, Welfare and Entitlements
Earlier this year, speaking at the Acton Institute in Michigan, I presented an optimistic case for spending restraint. My premise was very simple, summarized in four sentences. Spending restraint is desperately needed.Spending restraint is...
