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Washington’s Budget Outlook: Still Getting Worse, but Still Fixable

Washington’s Budget Outlook: Still Getting Worse, but Still Fixable

by Dan Mitchell | Jan 29, 2020 | Big Government, Blogs, Government Spending

When the Congressional Budget Office released its Budget and Economic Outlook yesterday, almost everyone in Washington foolishly fixated on the estimate of $1 trillion-plus annual deficits. What’s far more important – and much more worrisome – is that the burden of...
The Correct Fiscal Goal Is Smaller Government, not Budget Neutrality or Deficit Neutrality

The Correct Fiscal Goal Is Smaller Government, not Budget Neutrality or Deficit Neutrality

by Dan Mitchell | Jan 27, 2020 | Big Government, Blogs, Economics, Government Spending, Taxation

About 10 years ago, the Center for Freedom and Prosperity released this video to explain that America’s real fiscal problem is too much spending and that red ink is best viewed as a symptom of that problem. I wrote a primer on this issue two years ago, but I want to...
Joe Biden: Worse than Barack Obama, Worse than Hillary Clinton

Joe Biden: Worse than Barack Obama, Worse than Hillary Clinton

by Dan Mitchell | Jan 22, 2020 | Big Government, Blogs, Government Spending, Taxation

Given their overt statism, I’ve mostly focused on the misguided policies being advocated by Bernie Sanders and Elizabeth Warren. But that doesn’t mean Joe Biden’s platform is reasonable or moderate. Ezra Klein of Vox unabashedly states that the former Vice President’s...
A Practical Reason to a Support a Spending Cap Instead of a Balanced-Budget Requirement

A Practical Reason to a Support a Spending Cap Instead of a Balanced-Budget Requirement

by Dan Mitchell | Jan 13, 2020 | Big Government, Blogs, Government Spending

I gave a speech this past weekend about the economy and fiscal policy, and I made my usual points about government being too big and warned that the problem would get much worse in the future because of demographic change and poorly designed entitlement programs....
Best and Worst of 2019

Best and Worst of 2019

by Dan Mitchell | Dec 31, 2019 | Big Government, Blogs, Europe, Government Spending, Trade

Time for my annual column highlighting the “Best” and “Worst” policy developments of the year, a tradition I sort of started in 2012 and definitely did in 2013, 2014, 2015, 2016, 2017, and 2018. I’m trying to be a glass-half-full kind of guy, so we’ll start with the...
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