by Dan Mitchell | Jul 19, 2025 | Big Government, Blogs, Government Spending
I’ve expressed admiration for China’s partial economic liberalization and the impressive growth it produced. But I’ve also warned that there are some misguided government policies that will make it very difficult for China to become a rich country....
by Dan Mitchell | Jul 16, 2025 | Big Government, Blogs, Government Spending
Even though it did not do much to slow the growth of federal spending in fiscal year 2026 and beyond, I was glad to see Trump’s One Big Beautiful Bill get enacted. If nothing else, it saved the country from a big, automatic tax increase next year....
by Dan Mitchell | Jul 10, 2025 | Big Government, Blogs, Government Spending
For many years (2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019), Greece has been one of my go-to examples for bad government policy. But that’s changed this decade. I wrote earlier this...
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...
