Authored by Craig Wilson via The Daily Reckoning,
David Stockman joined Bloomberg Markets to discuss President Donald Trump’s latest budget projections. After the White House and current Office of Management and Budget director Mick Mulvaney released various statements on the budget proposal viability conversations already began within the GOP and Congress.
Authored by Mike Shedlock via MishTalk.com,
The state of Illinois has not passed a budget for close to three years.
Arguably it’s just as well because Illinois budgets for decades have been nothing but a moth-eaten collection of lies, one time deficits repeated endlessly, and financial wizardry statements designed to disguise Illinois’ real problems: failure to rein in spending coupled with a very business unfriendly environment.
Authored by Giulio Meotti via The Gatestone Institute,
Below is a perfect example of why civilized political discourse is no longer possible in the United States.
Twice in the past two weeks, first with deputy Attorney General Rod Rosenstein and then again yesterday with Attorney General Jeff Sessions, the freshman Senator from California, Kamala Harris, chose to pursue an aggressive series of questions that many have interpreted simply as an effort to patronize, mock and/or embarrass witnesses before the Senate Intelligence Committee.
Authored by Michael Lucci via IllinoisPolicy.org,
Illinois’ total state economic activity has increased by only 4 percent since 2007, which is lower than the U.S.’ 10 percent GDP growth during the worst decade of the Great Depression.