Chris Edwards I testified yesterday at a House hearing focused on low-income welfare programs, including housing and food programs. The Trump administration and congressional Republicans are proposing to cut some…
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Investing
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Adam N. Michel President Trump has repeatedly suggested Congress should cut the corporate tax rate to 15 percent for “companies that make their product in America.” This continues to be one of…
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Chris Edwards I testified to a House subcommittee yesterday about affordable housing. In particular, I discussed the low-income housing tax credit (LIHTC), which is a $14 billion a year subsidy…
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Editor's PickInvesting
CBO Score Shows Medicaid Is Inefficient and Current Spending Levels Unpopular
Michael F. Cannon New Congressional Budget Office (CBO) projections confirm the worst fears of inefficient health care providers and other Medicaid supporters: states and voters do not support current Medicaid…
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Romina Boccia and Ivane Nachkebia Social Security has been in the news lately—but for the wrong reasons. The Department of Government Efficiency’s (DOGE) efforts to investigate an exaggerated fraud problem and subsequent…
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Tad DeHaven The Trump administration’s ham-fisted trade wars mean higher input prices and reduced American farmers’ access to export markets. Agricultural interests and their lobbyists have been petitioning the White…
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Colin Grabow Last week, the US Chamber of Commerce sent a letter to senior Trump administration officials raising the alarm over the toll being inflicted on small businesses from increased…
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Editor's PickInvesting
Trump’s Cuts to Federal Science Budget Are Justified, So Why Doesn’t He Justify Them (Properly)?
Terence Kealey President Donald Trump’s cuts to the federal science budgets have provoked vast alarm, yet the cuts are justified. Unfortunately, though, Trump has not justified them, at least not properly.…
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Romina Boccia and Dominik Lett President Donald Trump has released his “skinny” budget blueprint for fiscal year (FY) 2026, three months past the statutory February deadline. The proposal calls for…
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Norbert Michel and Jerome Famularo Today’s populists peddle two narratives to support their agenda. The first one is that the middle class suffered broad income stagnation for the past 50 years.…