Bruce Rauner, Illinois’ new Republican governor, was inaugurated on Monday and is facing a daunting task: a $4 billion backlog of unpaid bills and a budget showing deficits approaching $21 billion in three years unless something is done.

With the number of subprime auto loans increasingly dramatically and defaults increasing apace, will the country's gains in GDP take a tumble when this bubble bursts?

Taxes matter, and when escape is possible from high-tax areas such as New Jersey, escapes occur.

Under cap and trade, energy costs will skyrocket, and consumers will pay those costs.

Despite frantic opposition by the privately owned Federal Reserve and Democrat leadership in Congress, newly empowered Republican lawmakers, now in the majority in the Senate as well, plan to hold a vote on “Audit the Fed” legislation to scrutinize the secrecy-obsessed central bank. Federal Reserve bosses are already lashing out and lobbying lawmakers “forcefully” to reject efforts at congressional oversight and transparency. Senator Rand Paul (R-Ky.) and a coalition of his colleagues, though, are determined to see the bill become law this year, and congressional leadership has pledged to allow a vote.

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