Taxpayer-funded lobbying by local MN governments doubles in pandemic
The pandemic may be over but the quest to continue the seemingly unlimited amounts of federal cash doled out to state and local governments the last two years has only…
In response to the Budget and Economic Forecast projecting a $1.332 billion surplus, Center of the American Experiment Economist John Phelan released the following statement:
“We can attribute this budget surplus to economic growth driven by federal tax cuts. This shows again that pro-growth policies are more effective at generating revenue than confiscatory taxes. There is absolutely no argument for tax increases with such a large surplus.
“This doesn’t mean lawmakers should go on a spending spree. Weakening manufacturing indicators driven by federal trade policy, coupled with slower employment growth, shows that we cannot take economic growth for granted.”