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A Fair – but Ultimately Misleading – Critique of GOP Budgets

Last week, I applauded the Chairmen of the House and Senate Budget Committees for proposing budgets that complied with my Golden Rule, which means the burden of government would grow slower than the private sector. But my praise was limited because neither budget is ideal from the perspective of libertarians and small-government conservatives. Even though […]

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Chairmen of House and Senate Budget Committees Propose Good Budgets, Particularly Compared to Obama’s Spendthrift Plan

Earlier this year, President Obama proposed a budget that would impose new taxes and add a couple of trillion dollars to the burden of government spending over the next 10 years. The Republican Chairmen of the House and Senate Budget Committees have now weighed in. You can read the details of the House proposal by […]

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Continued Spending Restraint Can Quickly Balance the Budget

Just like the swallows return each year to Capistrano, I eagerly await the Congressional Budget Office’s release of its annual Economic and Budget Outlook. But not just because I’m a fiscal wonk. I also like perusing this publication to find CBO’s “baseline” forecast for government revenue over the next 10 years. And once I have […]

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MNsure’s viability questioned

This report puts MNsure’s solvency into question. Here’s something from the report’s opening paragraph that caught my attention: Whether or not licensed professional insurance agents interact with MNsure will greatly affect whether MNsure succeeds in selling commercial health insurance. MNsure must attract and retain commercial insurance customers to pay its overhead expenses beginning in 2015. […]

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David Strom’s strong op-ed

David Strom’s op-ed highlights the fact that Minnesota’s economy isn’t as strong as Gov. Dayton and the Alliance for a Better Minnesota have said it is: Just a few years ago, more than 75 percent of adults in Minnesota were in the workforce. Now that number is 70.1 percent—yet that 5 percentage-point difference isn’t actually […]

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America’s Built-In Greek Fiscal Future

I had a very bad lunch today. But not because of what I ate. My lunch was unpleasant because I moderated a noontime panel on Capitol Hill featuring Senator Ron Johnson of Wisconsin and my Cato colleague Chris Edwards. And I should hasten to add that they were splendid company. The unpleasant part of the […]

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