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Updated Assessment of Switzerland’s Spending Cap

Updated Assessment of Switzerland’s Spending Cap

by Dan Mitchell | Apr 28, 2022 | Big Government, Blogs, Government Spending

Since I’m a big fan of spending caps, I’m very happy to be in Zurich as part of the Free Market Road Show. Switzerland’s spending cap (called “the debt brake“) is probably the best system in the world. It does have an escape clause for emergencies,...
The Case Against Higher Taxes

The Case Against Higher Taxes

by Dan Mitchell | Mar 23, 2022 | Big Government, Blogs, Government Spending, Taxation

I’ve identified seven reasons to oppose tax increases, but explain in this interview that the biggest reason is that it would be a mistake to give politicians more money to finance an ever-larger burden of government spending. I had two goals when responding this...
Spending Caps and Speed Limits

Spending Caps and Speed Limits

by Dan Mitchell | Mar 14, 2022 | Big Government, Blogs, Government Spending

Two days ago, I explained that spending caps are better than anti-deficit rules. In this clip from the same panel discussion, I talk about how a spending cap should be designed. The key design issue is how fast spending should increase....
Lessons from the Failure of Europe’s Maastricht Criteria

Lessons from the Failure of Europe’s Maastricht Criteria

by Dan Mitchell | Mar 12, 2022 | Uncategorized

As part of a panel discussion with the Texas Public Policy Foundation, I explained (with a frozen look) why spending caps (such as Switzerland’s “debt brake“) are better than balanced budget requirements. This is a topic I’ve written about many times, noting that even...
Another Reason for Spending Caps

Another Reason for Spending Caps

by Dan Mitchell | Feb 20, 2022 | Big Government, Blogs, Government Spending

The United States needs a constitutional spending cap, sort of like the “debt brake” that has been producing positive results in Switzerland for the past two decades. Imposing a limit on annual spending increases would be a much-needed...
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