By Chris Andriesen
11/22/2010
by Ashley Muchow Using data from the CBO’s 2010 Long-Term Budget Outlook, Mercatus Center’s Veronique de Rugy has charted the long-term path of federal spending on three of its largest components–Social Security, Medicare and Medicaid, and interest on federal debt. Here’s the kicker: interest costs, if they remain on their current path, are set to become the majority of...
by Ashley Muchow The Mercatus Center released a longitudinal illustration of the changes in employment from 2001 to 2009. In 2009, private sector employment undoubtedly got the short end of the stick–losing nearly 6 million jobs, while government and federal employment numbers managed to increase. Now we all know the economy has been hit hard in recent years and...
By Chris Andriesen
08/17/2010
Veronique de Rugy of the Mercatus Center at George Mason University constructed the diagram below using data from the Congressional Budget Office during the very early stages of the Great Recession and before the Obama presidency. It shows the increase in marginal tax rates required to fund entitlement spending for 2010, 2050 and 2082. The required increase...
A Democratic health care memo is floating through the halls of Congress telling members to avoid talking about the bill's cost.
By Chris Andriesen
06/25/2008
What to do about 47 million uninsured nationwide and 1.4 million Illinoisans without insurance? This has become a central issue in the debate over health care. In recent years, mandates, both on individuals and businesses, have emerged as a popular solution among policymakers to address the chronic problem of the uninsured and uncompensated care. Last...
By Chris Andriesen
03/27/2008
Many Illinois citizens, facing unaffordable insurance costs within state borders, are forced to cross their fingers when it comes to their family’s health. It doesn’t have to be this way. Illinois families and children can live healthier, happier and safer lives. Every day, Americans purchase products from around the country—vegetables from California, fruit from Florida,...
