by Dan Mitchell | Feb 2, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation
The President today released his budget for fiscal year 2016, a document that also shows what will happen to taxes, spending, and red ink over the next 10 years if the White House’s budget is adopted. Here are the four things that deserve critical attention. 1. Obama...
by Dan Mitchell | Jan 29, 2015 | Big Government, Blogs, Economics, Government Spending, Taxation, Welfare and Entitlements
The Obama Administration has already announced a bunch of tax increases that will be part of the President’s soon-to-be-released budget. But, in a remarkable development, the White House has preemptively thrown in the towel and said that it will no longer pursue a...
by Dan Mitchell | Jan 26, 2015 | Big Government, Blogs, Government Spending, Taxation
Just like the swallows return each year to Capistrano, I eagerly await the Congressional Budget Office’s release of its annual Economic and Budget Outlook. But not just because I’m a fiscal wonk. I also like perusing this publication to find CBO’s “baseline” forecast...
by Dan Mitchell | Jan 20, 2015 | Blogs, Economics, Tax Competition, Taxation
The most compelling graph I’ve ever seen was put together by Andrew Coulson at the Cato Institute. It shows that there’s been a huge increase in the size and cost of the government education bureaucracy in recent decades, but that student performance has been...
by Dan Mitchell | Jan 11, 2015 | Big Government, Blogs, Energy, Government Spending, Taxation
One of the very first “accomplishments” of the new GOP majority in Congress was to approve a piece of corporate welfare to subsidize terrorism insurance for big companies. But I tried to overlook that development since there were a few modest reforms included with the...
