by Dan Mitchell | Apr 25, 2023 | Blogs
CF&P has a video on spending caps that focuses on international evidence, such as Switzerland’s debt brake. Here’s a video from the American Legislative Exchange Council that that looks at a successful domestic spending cap – Colorado’s Taxpayer Bill of Rights....
by Dan Mitchell | Apr 8, 2023 | Big Government, Blogs, Europe, Government Spending
My “Golden Rule” of fiscal policy, first unveiled in 2011, is based on two principles. To enable more prosperity, the primary goal of fiscal policy should be to reduce the burden of government spending.To achieve good fiscal policy, cap government...
by Dan Mitchell | Apr 3, 2023 | Big Government, Blogs, Government Spending
Every president this century – Biden, Trump, Obama, and Bush – has been a big spender. But I told an audience at the Acton Institute that there are still reasons for optimism. All that is necessary is a modest amount of spending restraint. More specifically, we can...
by Dan Mitchell | Mar 18, 2023 | Big Government, Blogs, Government Spending
Back in 2012, I wrote a column for the Wall Street Journal to highlight the success of Switzerland’s spending cap (also known as the “debt brake”). Swiss voters voted for this spending cap in 2001 and ever since it took effect in 2003,...
by Dan Mitchell | Feb 16, 2023 | Big Government, Blogs, Government Spending
Every six months or so, the Congressional Budget Office produces a 10-year forecast and most fiscal experts focus on the projections for deficit and debt. Those are important (and worrisome) numbers, but I first look at the data...
