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 28, 2015 | Big Government, Blogs, Economics
There’s a lot of navel-gazing analysis in Washington about whether to expect some sort of bipartisanship over the next two years. I find such discussions very irritating because they assume that you automatically get good results when Republicans and Democrats both...
by Dan Mitchell | Jan 21, 2015 | Blogs, Economics
Watching politicians give speeches, such as Obama’s State of the Union address, is an occupational hazard when you work at a think tank. Which is why, in the past, I’ve heartily recommended the State-of-the-Union Bingo game developed by Americans for Tax Reform....
by Dan Mitchell | Jan 2, 2015 | Blogs, Economics, Laffer Curve, Taxation
Barack Obama and the rest of the class-warfare crowd act as if “tax the rich” is an appropriate answer to every question about fiscal policy. I’m not joking. Here are some of the President’s main tax hikes that have been enacted or proposed. Obama imposed higher...
by Dan Mitchell | Jan 1, 2015 | Big Government, Blogs, Europe, Health Care, Welfare and Entitlements
Let’s look at three very important things that may happen this year and what they might mean. 1. Will the Republican Senate support genuine entitlement reform? One of the best things to happen in recent years is that House Republicans embraced genuine entitlement...