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Category Archives: Illinois Budget
Rauner’s Trying to Avoid Reagan’s Mistake
In 1982, Ronald Reagan signed the Tax Equity and Fiscal Responsibility Act (TEFRA). TEFRA was a bill that increased taxes, and was part of a grand bargain that the President entered into with the Democrat-controlled Congress to increase taxes by … Continue reading
Posted in Illinois Budget Tagged Bruce Rauner, Budget, General Assembly, John Cullerton, Michael Madigan, Turnaround Agenda Leave a comment
