Tag Archives: fiscal policy
Debt Reduction Comes Back into Style
For most of its existence, the Republican Party has championed rigorous fiscal conservatism. Balanced budgets, aversion to federal debt, “pay-as-you-go” government: These were the mainstays of Republican governance at both the federal and state level for over a century. Republican leaders who became heroes of their party made fiscal responsibility a hallmark of good government.
Posted in Congressional & Government Reform, Taxation
Tagged 1920s, Amity Shlaes, balanced budget, Calvin Coolidge, CBO, Club for Growth, Congressional Budget Office, Coolidge biography, Coolidge years, federal budget, federal debt, federal deficit, fiscal conservatism, fiscal policy, GDP, Heritage Action, income-tax rate, macroeconomics, pay-as-you-go government, Republican Party, Ronald Reagan
