Fiscal year

ObamaCare to add $131 billion to federal deficit

By Naomi Lopez Bauman
10/15/2014
President Barack Obama promised that he would “not sign a [health-care] plan that adds one dime to the deficit, now or in the future, period.” But according to a new analysis by Republican members of the Senate Budget Committee, or SBC, ObamaCare is now estimated to increase the federal budget deficit by $131 billion over...

Why Repealing the Tax Hikes Is Important

12/31/2010
In one of my first media appearances following the tax increases, I noted that the Institute would immediately begin to work on repealing them. Some have wondered if this makes any sense ... Here are some reasons why it does.

Balanced Budget Baloney

08/05/2010
by Kristina Rasmussen Illinois’s budget is required to be balanced by constitutional mandate, right? Then why has the budget been balanced only 15 of the 41 years between 1970 and 2010? The last time Illinois had a balanced budget was in 2001. We certainly didn’t have one this year. Charles Wheeler has a great article in the...

How ‘Bout Them Cuts?

05/26/2010
The Illinois House of Representatives fails to pass significant spending reforms.