National Bureau of Economic Research

Property-tax-for-pensions plan would pummel Illinois homeowners

By Orphe Divounguy, Bryce Hill, Joe Tabor
05/25/2018
With one proposal to pay off Illinois’ pension debt asking the typical homeowner to pay more than $1,900 in additional property taxes for the next 30 years, the stakes for pension reform have never been clearer.

Great Depression…I Mean, Recession.

10/20/2010
by Ashley Muchow Depression. Great Recession. Trough. We’ve heard it all in reference to the struggling state of the U.S. economy. President Barack Obama has insisted his policy moves and $787 billion-plus spending initiatives staved off a second Great Depression. The National Bureau of Economic Research declared late last month that the recession ended in June of 2009, after less...

Recession Ends – Yet A Disaster for Obama

09/22/2010
by John Tillman The worst possible news for President Obama is that the National Bureau of Economic Research said Monday that the downturn ended in June of 2009. Why a disaster for the president? Simple: As of June 2009, only $201.3 billion, or 25.6 percent of the total stimulus bill, had been awarded (not necessarily spent, as this...