Tag: federal spending
Five Years to the National Debt Death Spiral

Net interest on the national debt has become one of the fastest growing segments of federal spending.

A Check-Writing, Wealth Redistribution Machine

When you think of all the ways that the U.S. government spends money, which of its functions do you think tops the list?

Government Thinking Versus the Real World

Federal spending hits highest level since bank bailout and Obama stimulus.

Congress’ New “PAYGO” Rule

An excuse to raise taxes on the American people.

Binge Spending by Government Bureaucrats

With the close of FY18 looming, federal spending is expected to skyrocket.

President Trump Starts Signing 2019 Spending Bills

The proposed spending bill funds key programs at a hefty price tag.

Federal Fiscal Year-End Spend-a-Thon About to Begin

With billions left to spend, cronyism will abound.

The Fiscal Impact of President Trump’s Tax Cuts

Not fully paying for themselves nor “exploding” the deficit.

U.S. Collects Record Tax Revenue, but Deficits Keep Piling Up

The entire increase in this year’s deficit is due to spending hikes.

Tax Reform Is a Scam: Tell Us What We Really Pay!

In another post, Randall Holcombe rightly notes the pressing need for tax reform. Holcombe argues that Trump’s proposed tax reform is “an improvement over the current system.” That may be true; time will tell. Yet, today my news feed reports nonchalantly that the Republican Congress passed a budget in excess of $4 trillion. That...
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