Concern over underfunding of both public and corporate pension plans has Republican presidential candidate Mitt Romney, his party and other conservatives making a pre-emptive strike against the idea of federal government bailouts.
by Brian Costin In the above video from 2009 the Cato Institute’s Senior Fellow, Randal O’Toole, talks about the impact of high speed rail in Illinois. Fast forward to April 2011, and it appears as if the national high-speed rail plan touted by President Obama is losing significant steam. This blog post from O’Toole explains. “President Obama’s dream...
This week, Pres. Obama put his support behind a bill that will purportedly give states flexibility by allowing them to "opt-out" of certain ObamaCare provisions. But does it really provide the solution states are looking for?
Following Judge Vinson's ruling declaring the federal healthcare legislation void, Alaska Governor Sean Parnell has said he will not implement the unconstitutional law.
by Kristina Rasmussen Illinois Senator Dick Durbin help to vote down a proposed Senate ban on earmarks today, reports The Hill. As if tea pot museums and bridges to nowhere weren’t enough, Illinoisans had yet another reason to oppose Congressional earmarks. According to a new Cato Institute study by Brandon Arnold, Illinois is an “earmark donor state”—one that receives...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.