by Kristina Rasmussen The House just voted on the ill-crafted state government/union boss bailout bill. The bill passed, and it looks headed to President Obama’s desk for his likely signature. Unions representing public employees and teachers may be cheering, but many taxpayers are jeering, and for good reason. They understand this measure will only increase the pressure...

by Heather Wilhelm “Britain announced a far-reaching deficit-reduction plan Tuesday aimed at saving billions of dollars over the next five years,” reports today’sWashington Post, “becoming the latest European nation to slash spending amid increased worries about rising public-sector debt.” The austerity measures include $145 billion in cuts to public-sector spending (including a two-year freeze on...

Is a tax bill that is 33 percent higher than usual inconsequential?