When the clock strikes midnight on December 31, 2025, a substantial portion of the Tax Cuts and Jobs Act (TCJA) will expire. The forthcoming debate over how and to what extent expiring provisions should be extended is likely to consume…
Read moreToday, American Compass released a paper that models two approaches to federal budgeting that are completely divorced from the key budgetary challenges confronting federal policymakers and, to a surprising degree, the policies otherwise espoused by American Compass. The Compass budget…
Read moreOn May 15, the National Association of Homebuilders and Wells Fargo released their monthly Housing Market Index (HMI) indicating that homebuilder sentiment had fallen to a four-month low. The index registered a 45, which as a diffusion index on a…
Read moreDuring a CNBC interview this morning, American Compass Executive Director Oren Cass called for higher taxes and dismissed the basic tenets of pro-growth economic policy. First, see CNBC's Joe Kernan blasting Cass's calls for higher taxes: “In what universe would…
Read moreThe two signal domestic policy achievements of the Trump administration were tax reform and stopping the regulatory state in its tracks. Compared to the Obama and Biden administrations, there is no more striking policy contrast. These domestic achievements could not…
Read moreThe United States is the world’s largest economy, and its citizens enjoy the highest standard of living among major world economies. Essential to that prosperity are economic policies that foster entrepreneurship and market dynamism. Among major trading partners, the U.S.…
Read moreThere is an old adage, variously misattributed to some of history’s more clever minds, which observes: “A lie can travel halfway around the world while the truth is putting on its shoes.” Given the ease with which information – truthful…
Read moreOn Tuesday, the White House convened a gathering of five major pension funds to promote adoption of what the Biden administration and The Washington Post would describe as “stronger labor standards” for firms in which the funds invest. Any time…
Read moreWhile we already know that the Biden administration, especially through the Environmental Protection Agency (EPA), is broadly imposing heavy-handed and costly regulations, it’s doing so while neglecting to consider the wider implications for American economic security. As one notable example,…
Read moreThere are few terms in public finance quite so loaded as “bailout.” The term suggests taxpayers footing the bill for private actors’ mismanagement or malfeasance. Ask anyone with a memory that predates 2008 what a bailout is, and one is…
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