by Dan Mitchell | Oct 13, 2023 | Big Government, Blogs, Government Spending
Since I’m a big fan of spending caps in Switzerland and Colorado, I’m always on the lookout for research and analysis about fiscal rules. For instance, there are pro-spending-cap studies from left-leaning bureaucracies such as the...
by Dan Mitchell | Oct 8, 2023 | Big Government, Blogs, Government Spending, States
Late last year, I praised lawmakers in Georgia and North Carolina for being fiscally responsible. The burden of government spending in those states was constrained between 2020 and 2022, even though that was a period when handouts from Washington were...
by Dan Mitchell | Oct 7, 2023 | Big Government, Blogs, Government Spending, Taxation
I’ve been warning for many years (including less than two weeks ago) that it would be a big mistake to have a “grand bargain” budget deal that includes tax increases. This is not because of math. It is possible, of course, to have an acceptable...
by Dan Mitchell | Oct 2, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Mostly because of an aging population, entitlement spending in the United States is projected to become a much bigger burden. Without reform of those programs, the U.S. within a few decades will have a European-sized level of government spending....
by Dan Mitchell | Sep 27, 2023 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
Even though America’s long-run fiscal outlook is very grim, I wrote a two-part series earlier this year (here and here) to explain why the situation is not hopeless. First and foremost, I noted that the only good solution is long-run spending...
