The Daily Caller

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The semi-virtue of a balanced budget

Wayne Crews and Ryan Young
Competitive Enterprise Institute

Paul Ryan's just-released budget proposal, the Path to Prosperity, would balance the budget in 2023. This would certainly be an improvement over President Bush's then-record $400 billion deficits, not to mention his successor's trillion-dollar overruns. Better still, it accomplishes this without tax increases. But we argue that Rep. Ryan has his eyes on the wrong prize.

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Missing: Regulatory transparency

3:52 PM 10/11/2012

Every spring and fall, as certain as the turning of the seasons, the General Services Administration’s Regulatory Information Service Center (RISC) issues a new edition of the Unified Agenda of Federal Regulatory and Deregulatory Actions. Or it did, until this year. Published in the Federal Register around April and October of every year, the Unified Agenda is one of the more important transparency measures we have for keeping an eye on federal regulations (available online at RegInfo.gov). In it, rulemaking agencies disclose what rules they have at various stages of the regulatory pipeline, along with rules likely to move in the near future.

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VAT chance

12:00 AM 04/14/2010

After running up more than $3 trillion in debt in just two years, the federal government is looking for new ways to raise money. Promised future entitlement spending in the tens of trillions of dollars has put the government’s AAA bond rating in jeopardy, so borrowing all that money could be an expensive proposition. That means a tax hike is coming.

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