June 2007 Budget & Tax News

Issue Date: 
June, 2007
Newspaper PDF: 

The June 2007 issue of Budget & Tax News highlights the growing need for Medicaid reform in the states. On page 1:

  • Medicaid spending is expected to grow more than 6 percent in 2007, according to the latest projects from the Congressional Budget Office and the U.S. Department of Health and Human Services.
  • Proposals in Michigan to raise taxes on liquor, cigarettes, and other tobacco products are under consideration.
  • Illinois Gov. Rod Blagojevich (D) has tacked more than $1 billion onto the record tax hike proposal he announced during his State of the State address on March 7.
  • One of the largest public school districts in Illinois has decided to hire a private company to run the district's student bus services.

Also in this issue: California spending; the Olympics ... and hiring corruption ... in Chicago; America's tax bill tops $26,738 per household; and "tax me more" funds, spending transparency, international tax competition, post-employment benefits debts; and more.

John Dunn reviews the Great Risk Shift by Jacob Hacker, concluding "Hacker provides a breathtaking example of the old Texas saying, 'Often wrong, but never in doubt.'"

S.T. Karnick reviews Income and Wealth by Alan Reynolds, who Dunn interviews for this issue. Karnick notes, "An objective reader of Income and Wealth must conclude many journalists and activists are knowingly manipulating statistics to further an agenda for more government control over the economy and to undermine support for free markets."

Newspaper Articles in this Issue

No matching newspaper articles