How can Illinois fix its pension problems? Ask Wisconsin
Because pension reforms always will face a legal challenge, creative changes are needed.
Because pension reforms always will face a legal challenge, creative changes are needed.
The Competitive Enterprise Institute estimates that the Obama administration issued 81 major regulations per year for more than six years, more than one and a half per week, at a compliance cost exceeding the combined total of individual and corporate federal income taxes by $160 billion.
Hazlewood’s costs will continue to soar. Cash-strapped college students will still be made to foot most of the bill.
Much of that success has been fostered by reducing the number of restrictions on private enterprise. There’s even a moniker for the state’s particular combination of limited government policies -- the Texas Model.
Overall, the strides taken this session by legislators to pass pro-growth policies will contribute to improving the Texas model and contribute to more opportunities for homeowners, entrepreneurs and will help all Texans to prosper.
And yet, a week after the final rule was published, the only clarity the EPA has provided is its intent to snatch up every piece of land that can channel, pool, or absorb water and include it within its newly minted jurisdiction.
After all, who could complain about a $3.8 billion tax cut?
It’s a good day to be a Texan and to have the opportunity to prosper from a conservative budget and historic tax relief this session.
Yesterday, the Dallas Morning News reported that Dallas city councilmembers had voted overwhelmingly to repeal its controversial 5-cent fee on single-use plastic bags. The reason? According to the DMN: “Keeping the nickel fee wasn’t much of an option after the city attorney advised that it probably wouldn’t stand up in court.” [emphasis mine]
The Dallas Morning News’ recent article, Texas legislators mostly kept hands off local control, offers an interesting but incomplete assessment of the 84th Regular Session’s fight to rein in local overreach.
Governor Greg Abbott set the stage in his State of the State speech that he would veto any budget that didn’t include business tax cuts.
To put this in perspective, imagine that you budget for the next two years so that you meet all your necessary expenditures with available income and save for a rainy day.