The Institute to Reduce Spending conducts original research on topics that affect your pocketbook. Why does the debt limit always get raised? What does government truly cost? Check out the links below for answers to these and other questions!
Debt Ceiling Alternatives
The Debt Limit process is supposed to restrain spending, but time and time again, politicians just vote to raise it, and the fight is forgotten until the next time. Is there a better way? And what would have happened if the United States had done things differently? The Institute to Reduce Spending conducted an original dynamic analysis of debt rules internationally and in the 50 states in order to suggest ways to strengthen the debt limit — and answer the question of how things would have been different had the rules been better.
Budget Act Alternatives
For most Americans, the process by which Congress spends your money, the budget status quo, if you will, is just that — a given, something that most people in and out of Washington barely understand, much less question. The Institute to Reduce Spending disagrees, and that’s why we’re undertaking a groundbreaking two-part study. First, we will attempt to answer the question of whether, as the historical growth of the deficit and debt would suggest, the 1974 Budget Act has been bad for the nation’s pocketbook. Second, we will study what workable options exist and evaluate these alternatives.
True Cost of Government
Most people know that government spends too much money, but most people would be outraged to know the true cost of government. In the seminal 1993 book Costly Returns, Dr. Jim Payne identified this number for the first time. The Institute to Reduce Spending, in coordination with Dr. Payne, will update this work with new data that captures the total price tag that comes from compliance costs and other unintended consequences.