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I Wish I Had Been Wrong about the Budget Deal

by Dan Mitchell | Apr 14, 2011 | Big Government, Blogs, Government Spending

Some people thought I was being unfair when I referred to the budget deal as a kiss-your-sister agreement. But as more information is revealed, it looks like the GOP got the short end of the stick – largely because they were afraid of a government shutdown (even...

Obama’s Tax Increase Trigger: Punishing Taxpayers with Automatic Tax Hikes When Politicians Overspend

by Dan Mitchell | Apr 13, 2011 | Big Government, Blogs, Government Spending, Taxation

Responding to widespread criticism of his AWOL status on the budget fight, President Obama today unveiled a fiscal plan. It already is being criticized for its class warfare approach to tax policy, but the most disturbing feature may be a provision that punishes the...

America’s Fiscal Future and the Battle for the GOP’s Soul

by Dan Mitchell | Apr 13, 2011 | Big Government, Blogs, Government Spending

Thanks to demographics and ill-conceived entitlement programs, America is on a path to becoming a bankrupt European-style welfare state. We know how to fix this problem, but whether we make the necessary reforms depends on the heart and soul of the GOP. Are...

Happy Tax Freedom Day!

by Dan Mitchell | Apr 12, 2011 | Big Government, Blogs, Government Spending, Taxation

If you are an average American, today is a great day. According to the Tax Foundation, you have finally worked long enough and earned enough money to satisfy the annual tax demands of federal, state, and local governments. This means you now get to keep any additional...

The Kiss-Your-Sister Budget Deal Is Finalized, but Claudia Schiffer Still Ain’t Your Sibling

by Dan Mitchell | Apr 9, 2011 | Big Government, Blogs, Government Spending

There were reports about 10 days ago that the crowd in Washington reached a budget deal, for the remainder of the 2011 fiscal year, with $33 billion of cuts. That number was disappointingly low. I wrote at the time that if this was a kiss-your-sister deal, we didn’t...
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