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Expert: Medicaid cuts will hurt low-, middle-income Illinois seniors

Author: Phil Ciciora, Business & Law Editor

Published Date:May 23, 2012

Springfields plan to slash nearly $1.4 billion from the states Medicaid program will ultimately result in bigger medical (and financial) problems for low- and middle-income senior citizens and their families, says a University of Illinois elder law expert.

Published Date: May 23, 2012


Expert: 'Buffett Rule' would need tie to capital gains to affect millionaires

Author: Phil Ciciora, Business & Law Editor

Published Date:February 6, 2012

Law professor Richard L. Kaplan says a so-called Buffett Rule that would implement a higher minimum tax rate for those with income over $1 million per year would have little effect on the taxes of the real-life Warren Buffett unless it takes capital gains into account.

Published Date: February 6, 2012


Expert: Keep consumer protection agency free of regulatory capture

Author: Phil Ciciora, Business & Law Editor

Published Date:January 9, 2012

With many Americans now spending most of their adult lives owing debts to financial institutions, the need for a consumer financial agency free of regulatory capture is now more acute than ever, according to a Robert M. Lawless, a University of Illinois expert in consumer credit.

Published Date: January 9, 2012


Expert: Bail-ins exacerbate market bubbles by making economy more cyclical

Author: Phil Ciciora, Business & Law Editor

Published Date:January 5, 2012

Law professor Amitai Aviram argues that bail-ins amplify the highs and lows of future business cycles and undermine the policy goals of those who believe free markets allocate investments optimally, as well as those who prefer government guidance in allocating investments.

Published Date: January 5, 2012


Expert: New inflation index could reduce budget deficit

Author: Phil Ciciora, Business & Law Editor

Published Date:November 21, 2011

With its Nov. 23 deadline looming, the Congressional super-committee charged with reducing the federal budget deficit may change how the government measures inflation, which could raise tax revenues and lower government expenses like Social Security, says law professor Richard L. Kaplan.

Published Date: November 21, 2011