4+ day, 15+ hour ago   (463+ words) In the context of the US economy, a cashflow tax would offer far-reaching benefits in promoting economic growth, taxing rents, and raising incremental revenue efficiently. Moreover, well-known concerns about complexity and fairness are easily addressed. After the US midterm election…...

1+ week, 4+ day ago   (324+ words) To register for this event, enter the following details: This is for cameras and camera personnel only. If you are a journalist, producer, correspondent, etc. you can register for the event by clicking on the RSVP to Attend button above....

1+ week, 4+ day ago   (143+ words) Chairman LaHood, Ranking Member Davis, and members of the Subcommittee on Work and Welfare, thank you for holding this hearing on the 30th anniversary of the 1996 welfare reform law and for the opportunity to submit this written testimony. Read full testimony…...

1+ week, 5+ day ago   (747+ words) Thirty years ago this month, President Bill Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA), popularly known as welfare reform. When the legislation was signed, no one could have known how profoundly this bipartisan reform would reshape…...

2+ week, 1+ day ago   (374+ words) A reasonable assumption: if artificial intelligence delivers the productivity gains implied by today’s massive AI infrastructure spending, investment will continue and lots more data centers will get built. A second reasonable assumption: ongoing pushback will raise costs and extend timelines....

2+ week, 5+ day ago   (298+ words) Recognizing these trends, Republicans have tried to expand the lessons learned from the 1996 law, including by applying work requirements more broadly, consolidating many duplicative welfare programs, and attacking fraud and abuse. Those efforts were rebuffed until last year’s One Big…...

2+ week, 5+ day ago   (220+ words) At a recent hearing of the Senate Finance Committee on “Exploring Process Approaches for Addressing Social Security Solvency,” Ranking Member Senator Wyden said the following in his opening statement: Senator Wyden appears to be referencing Senator Whitehouse’s April 2023 bill, the…...

3+ week, 4+ day ago   (191+ words) The DoE analysis should incorporate into its analysis the adverse effects of energy conservation standards on the durability of appliances and other equipment. The energy savings threshold proposed by DoE for promulgation of standards is vastly too low. And DoE…...