Liberty on Tap since 1984
This blog is a commentary on some of the Budget/Debt issues being greatly aggravated by the Obama Administration. Our National debt problem, severe and getting worse, is discussed with the aid of excellent analysis and data charts published by the Heritage
Foundation. The first part of the blog is contained here, but the full story is
in Powerpoint format and can be found at: …
Added by Mark Sussman on August 5, 2010 at 10:30am — No Comments
According to the National Conference of State Legislatures, Illinois ended Fiscal Year 2010 in worst financial shape than any other state in the country, with a total state debt of $120,743,392 when compiling outstanding debt, pension and OPEB UAAL's, unemployment trust funds and the 2010 budget gap as of July 2010.
How do Illinois legislators and officials propose to change the direction of this state from its deplorable and unsustainable…
Added by Nancy J. Thorner on July 19, 2011 at 1:54pm — No Comments
Added by John Nothdurft on April 6, 2010 at 4:00pm — No Comments
Added by Julie Drenner on May 15, 2010 at 8:00am — No Comments
The graphic below was posted on John Goodman's health policy blog and taken from USA Today. It pretty much speaks for itself.
Note: Figures for 2020 are projections based on President Obama’s budget.
Sources: White House Office of Management and Budget;…
Added by Benjamin Domenech on June 2, 2010 at 9:03am — No Comments
Texas State Representative Ken Paxton (R-McKinney) has launched TexasBudgetBusters.com to expose the wasteful spending in Texas’ budget and to offer solutions for promoting government transparency and efficiency.
Added by Julie Drenner on June 16, 2010 at 5:30pm — No Comments
Added by John Nothdurft on March 30, 2010 at 11:31am — No Comments
Added by John Nothdurft on April 1, 2010 at 11:30am — No Comments
Added by Marcotte Anderson on September 17, 2010 at 4:00pm — No Comments
I mentioned a few days ago that Gov. Chris Christie of New Jersey correctly identified the source of the voter's anger in that state, ran on it, managed to get elected and now is in the middle of a very interesting and effective campaign to reign in government and government spending. I also mentioned that he'd probably get only as far as the public was willing to tolerate cuts to services.
Well, so far, it…Continue
Added by Bruno Behrend on March 29, 2010 at 9:30am — No Comments
Added by Ben Boychuk on August 11, 2010 at 2:41am — No Comments
Added by Nancy J. Thorner on June 23, 2010 at 11:22am — No Comments
Part one: "Quinn's misguided Budget Address, a missed opportunity
Last Wednesday, February 22, Governor Pat Quinn presented his fourth budget address.
What happened to Quinn's plan leading up to his speech when he claimed that spending would be rolled…Continue
Added by Nancy J. Thorner on March 1, 2012 at 10:48am — No Comments
George Will has a great column today about how New Jersey Gov. Chris Christie is making difficult budget-cutting decisions that are drawing a lot of heat from government employee unions:
He inherited a $2.2 billion deficit, and next year's projected…
Added by Paul Chesser on April 22, 2010 at 3:26pm — No Comments
*Noted on the Illinois Policy website on Tuesday, August 28, was that The Heartland Institute was hosting an event featuring Sheila A. Weinberg and "The Financial State of the States" on Wednesday, August 29, at 11:30 a.m.
Added by Nancy J. Thorner on August 28, 2012 at 3:24pm — No Comments
By Alan Caruba
The very word “budget” suggests a financial plan that one expects to live within, based on how much money one earns. It suggests prudence, plus the intention to put aside some earnings as savings for future or unexpected needs.
None of this applies to the Congress of the United States of America, nor White House administrations stretching back to the days when Franklin Delano Roosevelt won election in 1932, 1936, 1940, and 1944. He would die in 1945, three…
Added by Alan Caruba on February 14, 2011 at 8:00pm — No Comments