by Dan Mitchell | May 22, 2019 | Blogs, Taxation
With two dozens candidates in the race, it’s not feasible to review the fiscal and economic plans of every potential nominee for the Democratic Party. But that doesn’t mean I’ll be silent. I’ve written several times about Crazy Bernie’s agenda, and I’ve recently...
by Dan Mitchell | May 15, 2019 | Big Government, Blogs, Government Spending
Earlier this year, I reviewed new fiscal projections from the Congressional Budget Office (CBO) and showed that balancing the budget would be relatively easy if politicians simply limited spending so that it didn’t grow faster than inflation. Though I made sure to...
by Dan Mitchell | May 4, 2019 | Big Government, Blogs, Government Spending
Back in April, I observed that, “If you would have loudly condemned a policy under Obama but support a similar policy under Trump, you’re the problem.” We now have a good test case. The President already has demonstrated – repeatedly – that he likes to spend other...
by Dan Mitchell | Apr 23, 2019 | Big Government, Blogs, Society, Welfare and Entitlements
Every year, the Social Security Administration issues a “Trustees Report” that summarizes the program’s financing. So every year (see 2018, 2017, 2016, 2015, etc) I cut through all the verbiage and focus the numbers that really matter. First, here’s the data...
by Dan Mitchell | Apr 18, 2019 | Big Government, Blogs, Economics, Government Spending
There are two things everyone should understand about the federal budget. First, America faces a grim future because Washington spending will consume an ever-larger share of economic output because of demographic changes and poorly designed entitlement programs....
