Recent News
Federal debt is out of control. It drives up inflation and interest costs. It throws a wet blanket on opportunity. It is a clear and present danger to the American Dream. Last year’s $2 trillion in new borrowing pushed total debt above $40 trillion, far beyond each year’s domestic economic production. Higher interest rates swell […]
On Monday one of the fathers of the Hall-Rabushka Flat Tax, Robert E. Hall of Stanford University, was awarded the Nobel Prize in economics. While the Royal Swedish Academy of Sciences cited Hall’s work developing microeconomic foundations for macroeconomic stabilization policies as the basis for the award, a recurrent theme in his scholarship is individual responses to government policies.
Healthy budgeting gives legislators many reasons to finish on time. “On time” means before Congress leaves for the August recess. The White House and agencies could prepare better for the new fiscal year. Appropriators could rescind and reappropriate surplus funds well before expiration, further clarifying spending expectations for the White House.
Washington should use this moment to build a posture around its core interests, before the rubble is cleared and old strategic habits are poured back into concrete.
More freedom can make housing, health care, energy, education, and much more work far better and be more affordable for all of us than it does today. That’s the path to prosperity. Not a one-time check that will push us deeper into debt and only fuel the inflation we need to get under control.
America’s energy future will depend on more than how much energy the country can produce. It will depend on whether policymakers can create a regulatory system that allows new energy projects, technologies, and businesses to actually get built.
What are big, creative, actionable, bipartisan/nonpartisan ideas to modernize Congress? That’s the question the Subcommittee on Modernization and Innovation of the Committee on House Administration put to congressional offices and external stakeholders, as Roll Call covered. Not for budget and appropriations, alas. But still, we submitted a few ideas and look forward to seeing other […]
In recent years, significant DOL regulatory policies have swung back and forth on a pendulum depending on the party controlling the White House. DOL may continue to see shifts from one administration to the next, but the end of Chevron deference may finally help lead to more stable policy as rules are modified or rescinded to hold up in courts.
Congress should amend 18 U.S.C. § 3582 to clarify that sentencing disparities created by the First Step Act may be considered by judges when assessing requests for compassionate release.
