Author Archive: Craig Eyermann

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

Congress Strikes a Tax Deal


Thursday December 14th, 2017   •   Posted by Craig Eyermann at 6:33am PST   •   0 Comments

The U.S. Congress has announced that it has resolved the differences between the House and Senate versions of a tax cut bill, where both houses will soon vote on the final version. The New York Times reports: Party leaders in the House and Senate agreed in principle to bridge the yawning gaps between their...
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The Bureaucratic Blind Eye


Monday December 11th, 2017   •   Posted by Craig Eyermann at 6:17am PST   •   0 Comments

A brand new scandal has broken out at the Department of Veterans Affairs, where the fingerprints of the department’s bureaucrats are all over the latest evidence of misconduct. USA Today’s Donavan Slack broke the story: Neurosurgeon John Henry Schneider racked up more than a dozen malpractice claims and settlements in two states, including cases...
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Federal Government Shutdown Theater Postponed


Friday December 8th, 2017   •   Posted by Craig Eyermann at 6:02am PST   •   0 Comments

With the news being dominated by stories of an ethically-troubled Senator and an ethically-troubled Representative resigning from their positions of power in Washington D.C. today, many Americans might have missed that a scheduled showing of federal government shutdown theater has been postponed for at least another two weeks. Mike DeBonis of the Washington Post...
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Federal Funds Used to Stage “Doggie Hamlet”


Monday December 4th, 2017   •   Posted by Craig Eyermann at 6:14am PST   •   0 Comments

Over the years, MyGovCost has highlighted some of the more bizarre ways that U.S. taxpayer funds have been used to accomplish really questionable things, but we may have a new contender for what is perhaps the strangest way that the U.S. government’s bureaucrats have ever wasted money. It may not surprise you to learn...
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Fed Chair Wakes Up, Notices National Debt


Thursday November 30th, 2017   •   Posted by Craig Eyermann at 6:19am PST   •   0 Comments

Perhaps for the first time in living memory, if not ever, the outgoing Chair of the Federal Reserve Janet Yellen expressed concern about the size of the U.S. national debt. CNBC‘s Jeff Cox has the story: With Congress wrestling over a tax reform plan that critics say would explode the government budget deficit, Federal...
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Cities Selling Themselves Out to Amazon


Wednesday November 29th, 2017   •   Posted by Craig Eyermann at 6:38am PST   •   0 Comments

Amazon made its reputation as the world’s largest online retailer by making it possible for anyone anywhere to buy consumer products. But has anybody considered what the company itself is capable of buying when it becomes the consumer? In September 2017, Amazon announced that it was seeking to establish a second headquarters in the...
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The Problem with America’s Debt in Three Paragraphs


Monday November 27th, 2017   •   Posted by Craig Eyermann at 6:58am PST   •   0 Comments

Gene Steuerle, a fellow at the Urban Institute who specializes in national debt and tax policy matters, was among 40 notable individuals asked to respond to the question “Has the world been fitted with a debt straightjacket?” by the publishers of The International Economy last spring. His response provided the following gem that summarizes...
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Illinois and Connecticut’s Unending Fiscal Crises


Friday November 24th, 2017   •   Posted by Craig Eyermann at 5:59am PST   •   0 Comments

Among U.S. states, Connecticut competes with Illinois for the title of being the most fiscally distressed as a result of the policies its politicians have implemented over the years, where the two states frequently trade off between each other for being in the worst shape. This fall, both states showed some progress toward resolving...
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The Cost of Congress’ Cover-Up Culture


Tuesday November 21st, 2017   •   Posted by Craig Eyermann at 5:49am PST   •   0 Comments

Since 1995, the U.S. Congress has given the most badly behaving of its members and its employees an unusual, secret taxpayer-funded perk. Writing at The Hill, Jennie Beth Martin explains how a law, the Congressional Accountability Act (CAA), that was meant to compel members of the U.S. Congress to live under the terms of...
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Venezuela Defaults on Its National Debt


Thursday November 16th, 2017   •   Posted by Craig Eyermann at 6:25am PST   •   0 Comments

Two days ago, the news recently broke that the nation of Venezuela officially defaulted on its debt. Writing at Forbes, Frances Coppola reports on the straw that broke the camel’s back for what had been one of the richest nations in South America. Venezuela has defaulted on two of its US dollar-denominated sovereign bond...
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