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The Unavoidable Choice: Entitlement Reform or Massive Middle-Class Tax Increases

The Unavoidable Choice: Entitlement Reform or Massive Middle-Class Tax Increases

by Dan Mitchell | Dec 22, 2022 | Big Government, Blogs, Taxation, Welfare and Entitlements

I worry about big tax increases because of America’s grim long-run fiscal outlook. The video clip is less than two minutes (taken from this longer discussion with Fergus Hodgson), but I can summarize my key point in just one very important sentence Anybody...
Earmarks Enable a Bigger Burden of Government

Earmarks Enable a Bigger Burden of Government

by Dan Mitchell | Dec 2, 2022 | Big Government, Blogs, Government Spending

As we have seen in nations such as Greece and Argentina, voters sometimes cannot resist the temptation to support profligate politicians – a process that can lead to “goldfish government.” In effect, voters choose fiscal suicide. There’s even a quote,...
The Unavoidable Choice: Entitlement Reform or Massive Middle-Class Tax Increases

America’s Looming Entitlement Crisis

by Dan Mitchell | Nov 28, 2022 | Big Government, Blogs, Welfare and Entitlements

Back in July, I made the case for the right kind of entitlement reform in a discussion with the folks at Live and Let Live. Today, I want to underscore why it is important to focus on “the right kind” of reform. On paper, you can save money with “means...
Federally Subsidized State Profligacy

Federally Subsidized State Profligacy

by Dan Mitchell | Nov 18, 2022 | Big Government, Blogs, Government Spending, States

I was going to write about Argentina again today, following up on yesterday’s column. But the National Association of State Budget Officers has released a new report about spending in the 50 states. This is an opportunity to see how all the pandemic...
Republican Warfare, Part IV: Will the GOP Get Serious about Spending?

Republican Warfare, Part IV: Will the GOP Get Serious about Spending?

by Dan Mitchell | Nov 16, 2022 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements

Last week, I explained that “supply siders” need to be ardent advocates of spending restraint. After all, there is no chance of good tax policy in the future if the burden of federal spending continues to expand. I also wrote about “national conservatives”...
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