The Fatal Flaw of "Starve the Beast"
Yesterday’s budget-cutting action by the Senate highlights the major problem faced by those who want to cut government spending: it is deeply unpopular to do so. The ‘starve the beast’…
Yesterday’s budget-cutting action by the Senate highlights the major problem faced by those who want to cut government spending: it is deeply unpopular to do so. The ‘starve the beast’…
…are opting to spend their way out of the blame game. For a federal budget deficit that was supposed to come in at -2.4% of GDP in fiscal 2006, a…
…Russia’s economic crises and the collapse of the ruble. High oil prices and Russia’s oil production rebound after 1999 were good news for the Russian federal budget. Natural resources constitute…
…expenditures are “off-budget” and are not included in the Bush Administration’s reported budget deficits. CORRECTION: The GWOT expenditures are excluded from the “on-budget” projections, but they are included in prior…
The brand-new White House budget proposal for 2006 contains some interesting details. One of them is this: the White House is not requesting, or planning for, any reform of the…
…knew anything about the Federal budget, he’d realize that eliminating a General Fund deficit in excess of $600 billion without tax increases would require either massively slashing the DoD budget…
…and try to assess their dynamic supply-side effects within a model in which the government budget constraint is satisfied as it will be satisfied, what would we have to do?…
The Budget Battle The Bush budget, which would make some of the expiring 2001 and 2003 tax cuts that are set to expire next year, has been put on hold…
…data from their own historical budget documents. One particular White House document contains the salient information: “Historical Tables, Budget of the US”. The two tables that contain the relevant information…
Budget Update: Weapons of Math Destruction(+) CalPundit has an explanation, of sorts, for Bush’s untrue statement about discretionary spending: [referring to a chart in Bush’s budget titled “Percent Change in…