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Michael Bloomberg and Entitlements: Rational (at Least in the Past), but not Right

Michael Bloomberg and Entitlements: Rational (at Least in the Past), but not Right

by Dan Mitchell | Feb 29, 2020 | Big Government, Blogs, Welfare and Entitlements

The race for the Democratic nomination is very depressing. All the candidates – even supposed moderates such as Biden and Buttigieg – are openly advocating a much bigger burden of government. I’m hoping some of their proposals are simply election-year pandering, that...

Instead of Stabilizing National Finances, Tax Increases Would Hasten America’s Budgetary Decline

by Dan Mitchell | Feb 28, 2020 | Blogs, Taxation

This CF&P video is nearly 10 years old, so some of the numbers are outdated, but the seven reasons to reject tax increases are still very relevant. I’m recycling the video because the battle over tax increases is becoming more heated. Indeed, depending on what...
A 21st-Century Spending Cap Would Have Turned Deficits into Surpluses

A 21st-Century Spending Cap Would Have Turned Deficits into Surpluses

by Dan Mitchell | Feb 13, 2020 | Big Government, Blogs, Government Spending

Back in 2012, when America had a budget deficit above $1 trillion, Investor’s Business Daily opined that America’s fiscal mess could have been avoided if politicians had simply adopted a TABOR-style spending cap starting in 1998. As illustrated by the accompanying...
Which Modern President Is the Biggest Spender?

Which Modern President Is the Biggest Spender?

by Dan Mitchell | Feb 11, 2020 | Big Government, Blogs, Government Spending

Trump’s new budget was released yesterday and almost every media outlet wrote about supposed multi-trillion dollar spending cuts when, in reality, the President’s budget actually calls for nearly $2 trillion of additional spending over the next 10 years. The bottom...
The Media’s Pervasively Dishonest Coverage of Trump’s New Budget

The Media’s Pervasively Dishonest Coverage of Trump’s New Budget

by Dan Mitchell | Feb 10, 2020 | Big Government, Blogs, Government Spending

I would prefer not to write about President Trump’s new budget, largely because I know it’s not a serious proposal. Even before he was elected, I pointed out that Trump was a big-government Republican who had no intention of dealing with serious fiscal issues such as...
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