by Dan Mitchell | Jul 7, 2025 | Big Government, Blogs, Government Spending, Taxation
I gave my overall assessment of the One Big Beautiful Bill Act last week, which can be summarized in two sentences. The good news is that “…the bill prevents a massive automatic tax increase starting on January 1 of 2026.” The bad news is that “…the...
by Dan Mitchell | Jul 2, 2025 | Big Government, Blogs, Government Spending
At the risk of stating the obvious, the so-called “One Big Beautiful Bill Act.” is grotesquely disappointing. This chart from the Committee for a Responsible Federal Budget tells you everything you need to know. We have a federal budget that is far too...
by Dan Mitchell | Jun 13, 2025 | Big Government, Blogs, Government Spending
France is a role model, but not in a good way. It is a stark example of the dangers of excessive government spending. To elaborate, it has the largest fiscal burden of any first-world nation, which necessitates an oppressive tax regime....
by Dan Mitchell | Jun 11, 2025 | Big Government, Blogs, Government Spending
One month ago, I explained that the United Kingdom was suffering economic and fiscal deterioration because of a rising burden of government spending. And when a greater share of economic output is diverted to the government, that means slower growth (even...
by Dan Mitchell | Jun 10, 2025 | Big Government, Blogs, Economics, Government Spending
A major theme of my daily columns is that economic freedom is a universal recipe for faster growth and better economic performance. But the flip side is that statist policies inevitably lead to less prosperity. And these statements are true...
