Heartland Newspapers - Fiscal

Republican Leaders Offer $800 Billion in Revenue; Other Republicans Balk

Steve Stanek
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December 04, 2012
House Speaker John Boehner (R-OH) and other Republican leaders in Congress have offered to overhaul the federal tax code to take another $800 billion in taxes over the next 10 years, but some Repub

Chicago Business Group Declares Illinois Pension System ‘Unfixable’

Jayette Bolinski
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November 29, 2012
Illinois’ pension problem is “unfixable” – not only because of the overwhelming magnitude of the problem, but because lawmakers “won’t fix it,” a Chicago business group has warned in a letter to Go

Higher Gas Tax Unlikely to Gain Support in U.S. Congress

C. Kenneth Orski
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November 27, 2012
Although some infrastructure advocates are hoping to use the current federal budget negotiations to win support for an increase in the federal gasoline tax, the idea is unlikely to gain support in

Competitive Bidding Saves Money for Municipal Water Systems

Jeff Edgens
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November 13, 2012
Water infrastructure across the country is deteriorating and will cost municipalities $1 trillion over the next 25 years, according to the American Water Works Association.

Cliff Looms; It’s Anyone’s Guess How Bad the Fall Could Be

Steve Stanek
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November 13, 2012
Big cliff, sidewalk crack, or something in between? Americans may soon find out.

Growing Pressure to Push State Pension Funding to Local Level

Mary Petrides Tillotson
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November 13, 2012
Economist Jonathan Williams says one way to solve state pension funding problems is to give local governments more control over and responsibility for their employees’ pensions.

End of Mortgage Interest Deduction Being Floated Again

Daniel J. Pilla
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November 12, 2012
As the federal government grows increasingly desperate for money, Congress looks for more creative ways to grab more of our cash.

Voters Slap Down Michigan’s Union-Backed Jobs Amendment

Mary Petrides Tillotson
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November 09, 2012
Michigan voters defeated the union-backed Proposal 2, with 58 percent voting no and 42 percent voting yes.

Ways to Limit Social Security’s Drag on Economic Growth

Charles Blahous and Jason J. Fichtner
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November 07, 2012
Despite the lack of action, most policymakers understand the urgency of the federal entitlement crisis, and specifically, of the need to reform the largest entitlements—Medicare, Social Security, a

Michigan Voters Trounce Tax-Restraint Measure

Michael D. LaFaive
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November 07, 2012
Michigan voters in the November 6 election rejected a statewide ballot initiative for a constitutional amendment to make it more difficult to raise state taxes .
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