“Keep it simple.” This old saying is more than a bumper sticker slogan, it’s a principle that is especially important when it comes to taxes and regulations.
As Congress and state legislatures struggle with the sluggish economy, high unemployment and growing deficits, it may seem that a solution is out of reach.
For years, energy experts warned us that regulations and policies that reduce the supply of affordable conventional energy would result in higher prices for American families.
With a bad economy, political bickering in our nation’s capital and daily news coverage of raucous protests here at home, it may seem harder to get into the Christmas spirit this year.
There is a brighter side to Christmas this year, despite the weak economy and lawmakers bickering over how to patch the $2 billion hole in the state’s budget.
Just about the time the Congressional “Super Committee” declared failure, our national debt clock rolled past $15 trillion. Even as the discussions, co-chaired by Sen. Patty Murray, D-Wash., ground to a halt and Congress left the Capitol for Thanksgiving, the debt clock kept ticking.
How about some good news heading into the holidays? It comes from our nation’s farmers and ranchers.
The dictionary defines “deadbeat” as someone who deliberately avoids paying their bills. It’s an unflattering label, but for Illinois, it’s now their unofficial new nickname: the Deadbeat State.
In today’s dog-eat-dog world, change is constant and accelerating. Other countries are stealing our factories and jobs and are hungry for more. That is the new reality.
President Obama and the newly appointed Congressional federal debt reduction committee will need to look under every rock to find ways to save money and do things differently. Now, they’re getting some help from the private sector.
At the same time President Obama and Congress were locked in combat over raising the nation’s debt ceiling, leaders of state manufacturing associations from across America were meeting right here in Washington.
Americans live in an idealistic world where, no matter what happens, we’ll still be able to go home at night and switch on the lights or pull into a filling station and gas up the family SUV.
At the same time President Obama and Congress were locked in combat over raising the nation’s debt ceiling, leaders of state manufacturing associations from across America were meeting right here in Washington.
The U.S. is being inundated with historic floods from Minnesota to Louisiana as a massive amount of water from heavy rainfall and snowmelt races down the Mississippi River. With U.S. taxpayers shouldering the majority of the claims through the National Flood Insurance Program, Bloomberg reports the Mississippi’s surge could result in the highest flooding losses since the $16 billion in claims following Hurricane Katrina.
One of the major provisions in the federal health reform law calls on states to establish health insurance exchanges by 2014. These exchanges were envisioned as virtual “open air markets,” managed by new state agencies, where consumers could compare insurance offerings and choose the best health coverage at the best price.
As the price of gas passes $4 on its way to $5 a gallon, the finger pointing in Washington, D.C. has reached a frenzy as politicians rush to place blame. “Wall Street profiteers!” “Speculators!” “Big Oil!”
In Illinois, the workers’ comp system is so out-of-control that Democratic state Rep. John Bradley introduced legislation to abolish it and put workers' compensation cases in the state's circuit courts.
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