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2.8 Cheers for House Republicans

2.8 Cheers for House Republicans

by Dan Mitchell | Aug 5, 2011 | Big Government, Blogs, Government Spending

Before we get wrapped up in the next fiscal fights, it’s time to step back and give House Republicans a bit of love and affection. While I criticize them for some tactical blunders and needless compromises, the most important thing is whether they are willing – when...

The Clown Prince of Europe

by Dan Mitchell | Aug 4, 2011 | Big Government, Blogs, Government Spending, Tax Harmonization, Taxation

If Jimmy Carter and Barack Obama are neck-and-neck competitors in the contest to be the public face of incompetent statism in America, then the competition in Europe is between Herman van Rompuy and Olga Stefou. But since I’ve already crowned Ms. Stefou as the Queen...

Spending Is Nuts, the Debt Deal’s a Joke, and Some Big Fights Remain

by Dan Mitchell | Aug 2, 2011 | Big Government, Blogs, Government Spending

Here’s the video that won the lucrative Powerline prize. Perhaps not as catchy as the entry I posted a couple of days ago, but very well done, with a proper focus on excessive government. And here’s a video just released by Cato on why the debt deal – at best – is a...

Where Are the Spending Cuts?

by Dan Mitchell | Aug 1, 2011 | Big Government, Blogs, Government Spending

Considering the Democrats control the Senate and the White House, I actually think the Republican leadership did a decent job in the debt negotiations. Of course, I had low expectations, but did anybody expect miracles with Obama in the White House? As you might...

Deconstructing the Revenue Side of the Debt-Ceiling Deal: Yes, There’s a Real Threat of Higher Taxes

by Dan Mitchell | Aug 1, 2011 | Big Government, Blogs, Government Spending, Taxation

Politicians last night announced the framework of a deal to increase the debt limit. In addition to authorizing about $900 billion more red ink right away, it would require immediate budget cuts of more than $900 billion, though “immediate” means over 10 years and...
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