Author Archive: Craig Eyermann

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

Dallas Public Employee Pension Wrecks City Credit


Thursday January 19th, 2017   •   Posted by Craig Eyermann at 6:18am PST   •   0 Comments

Last December, the mayor and city council of Dallas, Texas, acted to stop a run on the city’s pension program for police officers and fire fighters, as it became increasingly clear that the fund was rapidly becoming insolvent. Last week, the city’s elected leaders made their termination of the lump sum withdrawals that retired...
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The Next Grim Milestone for the National Debt Nears


Monday January 16th, 2017   •   Posted by Craig Eyermann at 6:39am PST   •   0 Comments

Last week, the U.S. Senate voted in favor of a new budget resolution, an action that was followed by the House of Representatives a day later, as it approved the same 10-year blueprint for the future budget of the federal government. The measure is highly significant in two ways. First, it clears the legislative...
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California Bureaucrats Learn It’s Not Okay to Lie in Court


Wednesday January 11th, 2017   •   Posted by Craig Eyermann at 7:28pm PST   •   0 Comments

This week, a three-judge panel of U.S. Ninth Circuit Court of Appeals laid down the law on whether government bureaucrats, in this case ones employed by Orange County, can have a free pass from having to comply with any sort of ethical standards of conduct while appearing in court as part of their official...
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Fixing the U.S. Government’s Budget


Monday January 9th, 2017   •   Posted by Craig Eyermann at 6:30am PST   •   0 Comments

Over the past eight years, much of the U.S. federal government’s operations have become something of an unmitigated bureaucratic mess. Whether we’re talking about the Defense Department, the EPA, the DEA, the IRS, the VA, the Energy Department, Medicare, Medicaid, the Department of Health and Human Services or the Department of the Interior, to...
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A Chance to Shut Down the Pentagon’s Slush Fund


Friday January 6th, 2017   •   Posted by Craig Eyermann at 6:52am PST   •   0 Comments

President-elect Donald Trump has selected South Carolina Representative Mick Mulvaney to be the next director of the White House’s Office of Management and Budget (OMB). Mulvaney is an interesting choice for the job, which given many of the public positions that he has taken over the years with respect to wasteful spending in Washington...
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The Obama-Iran Ransom Plane


Tuesday January 3rd, 2017   •   Posted by Craig Eyermann at 6:00am PST   •   0 Comments

Sometime shortly before January 17, 2016, after the Obama administration had withdrawn roughly $400 billion of U.S. taxpayer money from the U.S. Department of Justice’s Settlement Fund account at the U.S. Treasury, it transferred the withdrawn funds electronically overseas to U.S. accounts at the Swiss National Bank in Geneva, Switzerland. On January 17, 2016,...
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Comparing Federal Pay with Private Sector Pay


Friday December 30th, 2016   •   Posted by Craig Eyermann at 7:03am PST   •   0 Comments

According to the U.S. Government’s Office of Personnel Management, more than 2.7 million people work as civilian employees of the U.S. federal government. For all practical purposes, they are entirely compensated by taxes imposed on the 140 million Americans who are employed in occupations outside of the federal government. Chris Edwards of Downsizing the...
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Exchanging Bad for Better


Tuesday December 27th, 2016   •   Posted by Craig Eyermann at 6:51am PST   •   0 Comments

For many Americans, the days following Christmas are often filled with trips to the mall, where they exchange the gifts they got for those they would rather have received. It’s no different for U.S. politicians. For example, President-elect Donald Trump has big plans to boost the U.S. government’s spending on the nation’s infrastructure, which...
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The Best Path for Shrinking Deficits: Cut Spending


Thursday December 22nd, 2016   •   Posted by Craig Eyermann at 6:27am PST   •   0 Comments

“Is it the ‘how’ or the ‘when’ that matters in fiscal adjustments?” That’s the title of a new paper by a team of five economists that really answers a different question: What is the best way for a government to reduce its budgetary red ink, when the alternatives are to raise taxes, cut spending,...
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Learning from Government Stimulus Failures


Monday December 19th, 2016   •   Posted by Craig Eyermann at 7:02am PST   •   0 Comments

In one month, Donald Trump will be sworn in as the 45th President of the United States of America. Shortly after he assumes office, it is widely expected that he will pursue a massive fiscal stimulus for government spending, similar in many respects to what President Obama did in his first month after being...
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