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GOP Wins First Skirmish in Budget Fight, but Shutdown Battle Still Looms

by Dan Mitchell | Mar 2, 2011 | Big Government, Blogs, Government Spending

A large number of Democrats voted with Republicans in the House yesterday to pass a two-week spending bill that includes $4 billion in cuts compared to what Obama requested. This is a modest victory for the GOP since they can truthfully claim that they are on target...

Should Congress Say No to Increasing the Debt Limit?

by Dan Mitchell | Mar 1, 2011 | Big Government, Blogs, Government Spending

The Tea Party doesn’t mince words. In a bold editorial posted at Foxnews.com, the leaders of the Tea Party Patriots, along with Andy Quinlan of the Center for Freedom and Prosperity and a private investor named Steve Baer, make the case for cutting up the government’s...

Can the GOP Win the Government Shutdown Fight?

by Dan Mitchell | Feb 25, 2011 | Big Government, Blogs, Government Spending

When existing spending authority expires on March 4, the “non-essential” parts of the federal government will shut down unless Republicans and Democrats reach an agreement. This is causing lots of agitation in Washington, both by Democrats who don’t want the money...

Spending Restraint Works: Examples from Around the World

by Dan Mitchell | Feb 22, 2011 | Big Government, Blogs, Economics, Government Spending

America faces a fiscal crisis. The burden of federal spending has doubled during the Bush-Obama years, a $2 trillion increase in just 10 years. But that’s just the tip of the proverbial iceberg. Because of demographic changes and poorly designed entitlement programs,...

Compared to the Reagan Era, the Bush-Obama Years Have Been a Fiscal Nightmare

by Dan Mitchell | Feb 21, 2011 | Big Government, Blogs, Government Spending

Since February is the 100th anniversary of Ronald Reagan’s birth and I still haven’t gotten over my man-crush on the Gipper, I figured it would be interesting to look at Reagan’s fiscal record, particularly to see whether he was successful in restraining the growth of...
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