Source: Orange County Register
by Veronique de Rugy
“Despite what progressives have been arguing lately, the United States does not have a tax problem. Federal revenues, even after last year’s extension of the Trump tax cuts, are running above their historical average as a share of GDP. What America has is a spending problem so large that the Congressional Budget Office’s latest 10-year outlook reads less like a fiscal forecast than a warning label.” (02/19/26)