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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 / 12.2.2019

Over the final three decades of the 20th century, one of the defining features of American life was the abandonment and deterioration of historic urban centers. In cities large and small, from coast to coast, residents and dollars followed the interstate highways out of the old commercial downtowns and out to the suburbs. Columbia, S.C., […]

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 / 2.2.2020

Senate Republicans turned President Trump’s impeachment trial into a farcical exercise in partisan whitewashing. That leaves the job of canceling Trump’s reality show presidency to U.S. voters. A heavy responsibility thus lies on Democratic caucus and primary voters as they start selecting their party’s nominee next week. If they make the wrong choice, it means four […]

By / 1.31.2020

With partisan divisions as deep as ever, both sides can agree on one thing: Everybody wants to avoid another financial crisis. And forecasters have recently identified subprime auto loans as an existential threat to the economy. The headlines are eye-catching and scary: “A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on […]

By / 1.28.2020

Projections published today by the non-partisan Congressional Budget Office confirm that the federal government is on course to spend $1 trillion more than it raises in revenue in Fiscal Year 2020. Trillion-dollar deficits continue as far as the eye can see, with CBO estimating a 10-year deficit of over $13 trillion. Legislative changes since August have increased […]

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 / 12.20.2019

Congress voted this week for a $1.9 trillion tax and spending deal, over a quarter of which was added to our $23 trillion national debt. Thanks to this and other fiscally irresponsible legislation signed into law by President Donald Trump, the federal government will run an annual budget deficit of over $1 trillion this year and every year that comes after it. Yet […]

By / 12.17.2019

The House of Representatives earlier this afternoon passed two bills to provide $1.4 trillion in funding for defense and non-defense spending programs that must be appropriated on an annual basis. As is often the case with must-pass legislation at the end of the year, these bills have become “Christmas trees” decorated with various policy riders and pet […]