by Dan Mitchell | Nov 4, 2019 | Big Government, Blogs, Government Spending
Last November, voters in some states had the opportunity to accept or reject some very important initiatives, including votes on Colorado’s flat tax, Arizona’s school choice system, and a carbon tax in the state of Washington. Since 2019 is an off-year election, there...
by Dan Mitchell | Aug 12, 2019 | Big Government, Blogs, Government Spending
Spending caps are the most effective way of fulfilling my Golden Rule for fiscal policy. And we have good evidence for this approach, as I explain in this FreedomWorks discussion. I also discuss tax competition in the interview, as well as other topics. You can watch...
by Dan Mitchell | Jul 30, 2019 | Big Government, Blogs, Government Spending
I point out in this interview that the 2011 Budget Control Act (BCA) was the only big victory for taxpayers this century. It imposed spending caps on discretionary spending and led to a sequester in early 2013, which was Barack Obama’s biggest defeat. The bad news is...
by Dan Mitchell | Jun 27, 2019 | Big Government, Blogs, Government Spending, Taxation
The Congressional Budget Office just released its new long-run fiscal forecast. Most observers immediately looked at the estimates for deficits and debt. Those numbers are important, especially since America has an aging population, but they should be viewed as...
by Dan Mitchell | Apr 18, 2019 | Big Government, Blogs, Economics, Government Spending
There are two things everyone should understand about the federal budget. First, America faces a grim future because Washington spending will consume an ever-larger share of economic output because of demographic changes and poorly designed entitlement programs....
