Issues

Government Reform

Publications

By / 1.14.2020

In the November debate among Democratic presidential candidates, Sen. Cory Booker said the following: We Democrats also have to talk about how to grow wealth, as well. … [W]e as Democrats have got to start talking not just about how we tax from a stage, but how we growth wealth in this country amongst those […]

By and / 12.12.2019

Companies that invest in America are the lifeblood of economic growth. Whether it’s a fast 3D printer, a fuel-efficient delivery van, a gigabit-speed broadband network, a new solar power project, a cutting-edge data center, or a 5G small cell, capital investment boosts productivity, raises living standards, and creates better-paying jobs. Unfortunately, the financial crisis of […]

By / 10.16.2019

House Democrats yesterday introduced major legislation to reauthorize the landmark Higher Education Act. Although reauthorization is long overdue, the new legislation, called the College Affordability Act, proposes mainly marginal improvements to a broken higher education financing system. Moreover, it doesn’t do enough to help people who don’t go to college – the majority of young Americans […]

Press

By / 1.15.2020

Two days ago, I noted there had been little mention in the Democratic debates of the trillion-dollar deficits being run up by the Trump administration. That discussion finally started last night after moderator Abby Phillip asked Sen. Bernie Sanders how he would finance his proposals to double existing federal spending. Several candidates weighed in, offering insight into how their […]

By / 1.14.2020

It’s official: the Trump administration spent $1 trillion more in 2019 than it raised in revenue. That deficit is 50% larger than the deficit in 2017, which was President Trump’s first year in office, and represents the first calendar-year deficit to top $1 trillion since 2012. Annual deficits will only grow worse in the coming decade, in […]

By / 12.19.2019

Here is how tonight’s Democratic debate should begin: The American economy has always been driven by entrepreneurial energy — the creation and growth of new businesses. Today, however, entrepreneurship in the United States is in trouble. Business creation has stalled; overall economic dynamism is faltering. We are experiencing what some researchers call a “startup deficit.” […]

Blog

By / 1.9.2020

The Democratic presidential field continues to be in flux, with Julian Castro dropping out and Michael Bloomberg ramping up his campaign. Participation in the January 14th debate is, as of yesterday, limited to just five candidates. Those five — Joe Biden, Amy Klobuchar, Elizabeth Warren, Pete Buttigieg, and Bernie Sanders — have hit the polling and […]

By / 12.19.2019

As Democratic presidential hopefuls gather in Los Angeles this week for the last debate of 2019, candidates should look across the Atlantic for a cautionary tale. No, I’m not just talking about last week’s UK elections, which saw Labour’s far left-wing leader, Jeremy Corbyn, get crushed by Brexiteer Boris Johnson. Democrats can also draw useful […]

By / 12.5.2019

In its recently published The World in 2020, the editors of The Economist observe that the U.S. presidential race will “hog headlines” globally for the next year. One of the implications of this is that citizens everywhere — not just in America — will be inundated with debate and disagreement over large-scale national issues and policies. Immigration, Medicare-for-all, trade, […]