Author Archive: Craig Eyermann

Craig Eyermann is a Research Fellow at the Independent Institute.
Full biography and recent publications

Inside the Budget: More Law Enforcement Spending


Friday July 21st, 2017   •   Posted by Craig Eyermann at 7:19am PDT   •   0 Comments

While running for office, Donald Trump pledged to reduce the regulatory burden for Americans while also increasing the amount of spending to support federal law enforcement agencies in their work, much of which involves enforcing federal laws and regulations. Budgets are about priorities, so perhaps it isn’t much of a surprise that President Trump’s...
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How Fiscally Healthy Is Your State?


Monday July 17th, 2017   •   Posted by Craig Eyermann at 6:38am PDT   •   1 Comment

The Mercatus Center has released its fiscal rankings of each state in the nation. Find your state in the map below to see how highly (or lowly) it may have ranked: Here’s what the report’s authors, Eileen Norcross and Olivia Gonzalez, had to say about the five states occupying the fiscal basement in 2015,...
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The CBO Scores President Trump’s Proposed Budget


Friday July 14th, 2017   •   Posted by Craig Eyermann at 6:29am PDT   •   0 Comments

The Congressional Budget Office has scored President Trump’s first budget proposal. In its report, the CBO finds significant reductions in the U.S. government’s annual budget deficits compared to their baseline estimates, which reflect their projections of how those deficits would have grown if the spending policies of the Obama administration had continued on autopilot....
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Illinois Now Has a Budget, and a Huge Backlog of Bills to Pay


Monday July 10th, 2017   •   Posted by Craig Eyermann at 6:15am PDT   •   0 Comments

After going over two years without any kind of fiscal plan, Illinois’ state government now has a budget after the state’s legislature overrode a veto by the state’s governor to impose large tax increases on the incomes of the state’s residents and corporations. Unfortunately, Illinois’ legislature made no effort to address the state’s biggest...
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The U.S. Department of Education’s $1 Trillion Debt Milestone


Thursday July 6th, 2017   •   Posted by Craig Eyermann at 11:02am PDT   •   0 Comments

According to the U.S. Treasury Department, the U.S. Department of Education has now cumulatively borrowed over one trillion dollars from the public for the purpose of funding its Federal Direct Student Loan program since January 2009. Political Calculations’ charted the history of the Education Department’s borrowing to support its student loan business. Between January...
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The Assets and Liabilities of the U.S. Government


Monday July 3rd, 2017   •   Posted by Craig Eyermann at 6:56am PDT   •   1 Comment

As we’re in the midst of celebrating the founding of the United States on for many is a long holiday weekend, it might also be a good time to consider the state of the federal government’s fiscal ledger on the eve of this year’s Independence Day. In January 2017, the outgoing Secretary of the...
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The High Cost of Government Not Paying Debts


Thursday June 29th, 2017   •   Posted by Craig Eyermann at 6:19am PDT   •   0 Comments

As Illinois’ debt doomsday clock keeps ticking down to July 1, 2017, where in the absence of the state legislature passing a budget that can be approved by the state’s governor, the state government will almost certainly have its credit rating cut to junk status as it will also stop paying contractors to work...
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Accountability Finally Arrives at the VA


Monday June 26th, 2017   •   Posted by Craig Eyermann at 6:33am PDT   •   0 Comments

Last Friday, President Trump signed the VA Accountability and Whistleblower Protection Act into law, which promises to finally make it easier for the Department of Veterans Affairs senior leadership to remove supervisors and employees who have engaged in misconduct from their jobs, while also better protecting the employees who make misconduct at the VA...
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Illinois Comptroller Tells Governor: “The State Can No Longer Function”


Thursday June 22nd, 2017   •   Posted by Craig Eyermann at 6:21am PDT   •   0 Comments

Illinois’ fiscal situation is getting worse. ZeroHedge summarizes the state’s rapidly deteriorating predicament: With just 10 days to go until Illinois enters its third year without a budget, resulting in the state’s imminent downgrade to junk status and potentially culminating in a default for the state whose unpaid bills now surpass $15 billion, Democratic...
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Eliminating Federal Government Waste: Phase 1


Monday June 19th, 2017   •   Posted by Craig Eyermann at 6:10am PDT   •   0 Comments

What a difference a small change in personnel at the White House makes! Nearly two and a half years after becoming President, Barack Obama finally got around to signing an executive order to establish the “Campaign to Cut Government Waste“, which promised to impose new oversight and accountability aimed at reducing waste, fraud and...
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