by Dan Mitchell | Dec 24, 2019 | Big Government, Blogs, Government Spending, Government Waste
I wrote yesterday that the Trump tax plan is yielding significant benefits, but one of my caveats at the end of the column warned that Trump’s weak record on spending undermines the long-run sustainability of lower tax rates. The latest example of Trump’s profligacy...
by Dan Mitchell | Jan 11, 2018 | Big Government, Blogs, Government Spending
This is depressing. Republicans botched the repeal of Obamacare. They’ve already sold out (twice!) on the spending caps in the Budget Control Act, and they’re about to do it again. And now they want to bring back earmarks. In this interview with Neil Cavuto, I explain...
by Dan Mitchell | Dec 9, 2016 | Big Government, Blogs, Government Spending, Government Waste
Last month, I explained that America’s fiscal problems are almost entirely the result of domestic spending programs, particularly entitlements. Some critics immediately decided this meant I favored a blank check for the Pentagon, even though I specifically stated that...
by Dan Mitchell | Dec 9, 2015 | Big Government, Blogs, Government Waste
Here’s a simple rule. When a politicians says a new program will cost X, hide your wallet because it actually will cost three or four times as much. Or even more. Obamacare is a particularly painful example from recent history. Simply stated, politicians and...
by Dan Mitchell | Dec 5, 2014 | Big Government, Blogs, Government Spending
I wrote a few days ago that advocates of smaller government have won a very significant victory over the past five years, as measured by the fact that there’s been zero growth in overall federal spending. And because the private economy has grown while the federal...