by Dan Mitchell | Jan 21, 2025 | Big Government, Blogs, Government Spending
The most important goal of fiscal policy should be a small burden of government, and I explain in this video that you achieve that goal by restraining the growth of spending. Small government is good for prosperity since it means politicians are not...
by Dan Mitchell | Nov 11, 2024 | CF&P Foundation Prosperitas Studies, Publications
[PDF Version] The Case for a Comprehensive Spending Cap By Daniel J. Mitchell and Robert P. O’Quinn The most effective budget reform that the United States could adopt to ensure its long-term prosperity is a spending cap. This document discusses why a...
by Dan Mitchell | Nov 9, 2024 | Big Government, Blogs, Government Spending
Last April, I shared some data showing that Colorado’s Taxpayer Bill of Rights had forced politicians in the Centennial State to return $8.2 billion of tax revenue. The state’s politicians did not want to return the money. But TABOR is a...
by Dan Mitchell | Mar 25, 2024 | Big Government, Blogs, Government Spending, States
Colorado has the best fiscal rule in the United States. The Taxpayer Bill of Rights (TABOR) limits state government spending so that it cannot grow faster than inflation plus population. Does Colorado’s spending cap work perfectly?...
by Dan Mitchell | Mar 23, 2024 | Big Government, Blogs, Government Spending, Taxation, Welfare and Entitlements
I’ve already written two columns (here and here) about why a “bipartisan” budget deal would be a recipe for higher taxes and bigger government. To start our third installment in this series, here’s a clip from my recent appearance on Vance Ginn’s Let People...