The Tax Cuts and Jobs Act currently being considered by the Congress, according to Martin Feldstein, Chairman of President Reagan’s Council of Economic Advisors and renowned Harvard Economics professor, “could increase the U.S. capital stock by $5 trillion and cause a $500 billion rise in annual income.” Yet, many special...
Terry McAuliffe’s days as governor of Virginia are rapidly drawing to a close, but proposed carbon-dioxide regulations working through the administrative process could prove to be his most lasting legacy. If adopted, the rule would cap carbon emissions at large power plants in 2020 and then require 3% reductions annually...
The Government Accountability Office (GAO) is the audit, evaluation, and investigative arm of Congress. GAO evaluates federal programs and provides analyses to help Congress make informed funding decisions. Sens. Maria Cantwell (WA) and Susan Collins (ME) requested the GAO to evaluate how climate change impacts will increase costs for the...
Like much of the transportation infrastructure community, I was stunned and dismayed when President Trump suddenly told several Democratic members of Congress that “P3s don’t work” and are “more trouble than they’re worth.” He even trashed the largely successful experience of Vice President Pence’s home state of Indiana, which is...
The Thomas Jefferson Institute’s Third Annual Conference on Virginia’s Economic Future was held Friday, November 10, 2017 and featured presidential campaign economist Stephen Moore, NFIB economist Bill Dunkelberg, and Virginia’s top financial advisor Steve Cassaday. Here are the powerpoints of their presentations:
... Every year at the state and local level of government, budget debates include funding issues surrounding our K-12 public schools. Teacher salaries and class size are usually the focus, and competing comparisons compensation and limited budget dollars are always at issue. But rarely do we discuss one of the on-going...
Cities and counties across the United States are experiencing chronic fiscal stress, and the reason has nothing to do with Republicans or Democrats and everything to do with what Chuck Marohn calls the “growth Ponzi scheme.” “Why are cities going broke?” he asked at a forum hosted by the Partnership...
