Posts by Craig Eyermann
Craig Eyermann is a Research Fellow at the Independent Institute.
Ineffective Government, Empty Shelves and Inflation


On January 11, 2022, U.S. Transportation Secretary Pete Buttigieg toured the southern California ports of Los Angeles and Long Beach. That the transportation secretary would visit these two ports is no surprise. They have special importance because they process 40% of the goods imported by Americans every year.
A Room to Room Review of How Regulations Increase Cost of Living


Government regulations impose costly burdens on Americans. But because regulations are imposed on businesses, many Americans don’t directly feel their weight.
Pelosi “Insider” Investments Expose Inherent Conflicts of Interest


Should elected members of Congress be allowed to invest in things whose value depends upon how the government spends money? Or whose growth prospects depend upon how government rules and regulations affect them?
Crazy, Stupid Federal Spending!


If you follow wasteful spending stories involving the misplaced priorities of Washington D.C. politicians and bureaucrats, the holiday season brings a special treat. That’s when Senator Rand Paul issues his annual “Festivus Report” on the federal government’s most wasteful spending programs. The report has become a must-read for anyone needing a good laugh at...
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How the Build Back Better Act Died


The Biden-Harris administration’s Build Back Better (BBB) Act is a bad spending bill. But it wasn’t until Friday, December 10, 2021 that anyone fully appreciated how bad it really is. That was the day the Congressional Budget Office released its estimate of the full cost of H.R. 5376, the legislation containing the BBB Act’s...
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U.S. Congress’ Insider Stock Trading Scandal Expands


Business Insider‘s Dave Levinthal broke a big story in the week before Christmas 2021. After a five-month investigation, he found 52 members of Congress and 182 senior congressional staffers have violated the STOCK Act. What Is the STOCK Act? The Stop Trading On Congressional Knowledge (STOCK) Act is an anti-corruption law. It requires lawmakers...
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CalPERS’ High-Risk Bets to Guarantee Government Employee Pensions


It is a bellwether moment for state and local government pensions funds around the country. CalPERS, the pension fund for California state government employees, is turning to high-risk strategies to juice its investment returns.
Rising Costs for Public Pensions Drive Up Tax Bills


Imagine a state that puts the pensions of its government employees ahead of just about everything else it does. Would you choose to live there? And if you did live there, how long could you afford to stay? These are real life questions that were faced by people who lived in cities like Detroit...
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From Biden’s $1.9 Trillion “Rescue” Plan to Today’s Inflation


It’s not often you get to see cause and effect in action for government spending. Take the Biden-Harris administration’s $1.9 trillion “American Rescue” plan. That’s the one I described as a “failure of fiscal discipline” for which “ordinary Americans will ultimately pay” back in March of this year. That spending bill is back in...
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The Costs of the Build Back Better Act


The Congressional Budget Office released its estimate of the costs of H.R. 5376, a.k.a. the “Build Back Better” Act. According to the CBO’s budget math, the much smaller spending bill that we talked about a few months ago doesn’t cost $0 as President Biden claimed it would. In fact, it doesn’t cost anywhere close...
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