This week’s charts use data from a National Public Radio compilation of public Department of Defense records of grants issued to state and local law enforcement bodies through its Excess Property Program, also known as DoD 1033. The charts display the total value of all known grants to municipalities in real 2013 dollars along with the total value and number of mine-resistant and combat vehicles distributed from 2006 to April 2014.
Policymakers need to reconsider whether the nation’s best interests are served by the current expansive global military presence. Limiting American military presence overseas would not only benefit the nation, it would also help control runaway DoD personnel costs.
This week’s chart shows per capita discretionary, mandatory, and net interest spending as a share of total per capita federal spending (real 2014$) since 1962. Rising government spending has largely been fueled by increases in mandatory spending, though there are pressures to push discretionary spending, as well as expenditures on net interest, higher in the foreseeable future.
This week’s chart displays the annual amount of real (2014 $) federal supplemental funding since 1980. As the chart shows, supplemental spending exploded in 2000s during the administration of George W. Bush and a largely Republican-controlled Congress.
This country needs to start making real and credible commitments to cutting government spending. With the president looking to put spending back on an upward trajectory, the new Republican-controlled Congress will need to champion the cause of controlling spending.
This week’s charts use data from the US Department of Agriculture (USDA) and the Center for Responsive Politics to display global and US sugar prices, annual lobbying spending by the sugar industry, and government-planned market segmentation of the domestic sugar industry through the USDA’s Domestic Sugar Program. The charts show that Big Sugar is a formidable Halloween haunt: their lobbying efforts pay handsomely in the form of government-driven market segmentation and artificially high sugar prices.
This week’s charts use data from CBO and the Office of Management and Budget’s (OMB) historical tables to display cumulative federal spending and revenues projected over the next decade along with a time series plotting of the Steuerle-Roeper Index of Fiscal Democracy, developed by Eugene Steuerle and Tim Roeper, which measures the percentage of federal revenues remaining for discretionary spending after mandatory outlays and interest payments have been covered.
Simply counting executive orders, pages, or words can produce misleading statistics. In legal language, at least, the frequency with which restrictions occur can serve as a proxy for measuring the overall restrictiveness of text. Content matters.
Professor of Public Policy at George Mason University Kenneth Button shares the story of how air cargo deregulation in the 1970s paved the way for low-cost, reliable overnight shipping, which in turn allowed for groundbreaking new e-commerce businesses like Amazon and eBay. These innovations enable everyone to get their presents on time for the holidays – almost as fast as delivery by Santa himself!
Please join us for lunch with Mercatus Center Senior Research Fellow Jason Fichtner to discuss pro-growth policy options. He’ll also address the research and ideas Mercatus shares with policymakers in order to advance the debate on economic issues.