In the wake of the financial meltdown in 2008, Congress passed and President Obama signed the Dodd-Frank law which was intended to regulate big banks and address the causes of the financial crisis. As so often happens with legislation, despite good intentions, bad consequences have flown from the Dodd-Frank law,...
In my April column in Public Works Financing, I pointed out that the Trump Administration faces a dilemma in its quest for a $1 trillion infrastructure program based largely on private capital investment via public-private partnerships (P3s). Any such program must be enacted by Congress, and therein lies the problem....
The Heritage Foundation Blueprint for Agriculture includes a lengthy chapter on U.S. biofuels policy and the renewable fuel standard (RFS). Heritage concludes that ethanol and other current biofuels are harmful to agriculture, the environment, and consumer. My first two reviews of Heritage’s positions on ag, found here and here, may...
The president released his budget submission to Congress and there will be plenty of heat surrounding it but not nearly enough light. There will be loud talking about budget cuts that hurt the poor, the sick, the elderly, children, and so on but what does that really mean? In reality,...
