by Dan Mitchell | Mar 19, 2015 | Big Government, Blogs, Economics, Government Spending
Earlier this year, President Obama proposed a budget that would impose new taxes and add a couple of trillion dollars to the burden of government spending over the next 10 years. The Republican Chairmen of the House and Senate Budget Committees have now weighed in....
by Dan Mitchell | Mar 17, 2015 | Big Government, Blogs, Economics, Government Spending
I feel a bit schizophrenic when people ask me my opinion of Republicans on Capitol Hill. When I’m in a good mood (or being naively optimistic, some might argue), I applaud them for blocking Obama’s spending agenda. The fights over sequestration, debt limits, and...
by Dan Mitchell | Mar 16, 2015 | Big Government, Blogs, Economics, Government Spending
It’s not very often that I applaud research from the International Monetary Fund. That international bureaucracy has a bad track record of pushing for tax hikes and other policies to augment the size and power of government (which shouldn’t surprise us since the IMF’s...
by Dan Mitchell | Mar 1, 2015 | Big Government, Blogs, Economics, Government Spending
Back in 2012, I shared some superb analysis from Investor’s Business Dailyshowing that the United States never would have suffered $1 trillion-plus deficits during Obama’s first term if lawmakers had simply exercised a modest bit of spending restraint beginning back...
by Dan Mitchell | Feb 25, 2015 | Big Government, Blogs, Education, Government Spending
To save the nation from a future Greek-style fiscal meltdown, we should reform entitlements. But as part of the effort to restore limited, constitutional government, we also should shut down various departments that deal with issues that shouldn’t be handled by the...