Downsizing Blog
A Century of Federal Spending, 1925–2025
President Biden’s new budget confirms that we are in the midst of a historic ratcheting up of government spending.
President Biden’s Historic 2024 Budget
The Biden administration has proposed its federal budget for 2024.
President Biden’s Budget Misses the Mark
President Biden finally released his annual budget blueprint for fiscal year 2024, more than a month late.
The 8 Biggest Tax Increases in Biden’s Budget
President Biden’s budget proposal for fiscal year 2024 includes a wide array of policy changes, new programs, increased spending, and higher revenue.
Dollar‐for‐Dollar, Parity, and Negotiating at the Debt Limit
Congress should budget based on fiscal realities and in accordance with national priorities, instead of basing decisions on catchy, yet misguided, tag lines.
Can a Commission Reform Social Security and Medicare?
Social Security and Medicare have come back into the spotlight, following President Biden’s State of the Union.
Debt in President Biden’s State of the Union
President Biden devoted quite a few lines in his State of the Union address to making various claims about deficits, debt, and the debt limit.
Biden’s Billionaire Tax
We should reward work and wealth by not overtaxing them.
President Biden’s Anti‐Growth Agenda
E. J. Dionne writes in the Washington Post that President Biden will focus his State of the Union speech on “how to make the economy grow for everyone.”
The Debt Limit and the High Costs of Debt
News headlines are filled with speculations about the U.S. debt limit.