The Truth About Social Security (That Was Ignored in the Debate)

Last night, both presidential candidates touched on Social Security and Medicare. I literally mean the word “touched” because there was not enough discussion of entitlements for me to conclude that either candidate “grasped” the subject. First, let’s look at Social Security. The annual Trust Fund report was quietly released in June of this year with […]

Will Wednesday’s Debate Delve Into Policy, or Am I Asking Too Much?

The last two debates have been dreadfully disappointing as far as the candidates addressing any substantive economic issues.  Based on studies from the NCPA’s Tax Analysis Center, Clinton’s and Trump’s economic plans produce vastly different results.  This is not surprising, of course, since these plans are predicated on different visions for the economy.  Mrs. Clinton wants […]

What’s Going On in Washington This Week?

Congress remains in recess this week as Senators and Representatives are back home campaigning. Sunday’s presidential debate set the stage for a week of bizarre political theater that left my head spinning. I’ve lost track of who’s un-endorsing whom, and the other Republican infighting.  Meanwhile on the Democratic side of the presidential campaign, who is […]

“The Planet Began to Heal”…and Other Updates from D.C.

Here’s a summary of the quiet week in Washington from NCPA’s legislative director Brian Williams: President Obama reduced the sentences of 102 inmates, mostly drug dealers, bringing the total number of presidential clemencies up to 774 during the Obama presidency. President Obama praised the Paris climate deal this week, which takes effect in November in […]

California’s Proposed Bag Ban Could Be a Real Headache for Shoppers

In just a month, California voters will decide if the state’s ban on plastic bags will take effect.  In 2014, Senate Bill 270 was passed by the California State Legislator and signed by Gov. Jerry Brown creating a ban on plastic bags.   That ban was put on hold, however, as petitioners gathered enough signatures take it to the […]

Washington Update for the Week Ending September 30, 2016

Government funding. This week began with a Democratic filibuster in the Senate against a temporary funding bill to keep the federal government open beyond the end of the fiscal year on September 30. However, by mid-week an agreement was negotiated that not only funds the government until December 9, but also includes $500 million for […]

Washington Update for the Week Ending September 23, 2016

NCPA tax briefing. NCPA hosted a Capitol Hill briefing last week to educate tax staff and policymakers about the economic effects of the tax plans proposed by the two major presidential candidates.  NCPA Executive Director Allen West spoke about the importance and consequences of tax reform, while NCPA senior fellows David Tuerck and Pamela Villarreal spoke […]

CAFE Standards Distort Auto Production and Push Jobs South

Once praised for refusing to accept a bailout, Ford is now taking heat for deciding build all small cars in Mexico.  Ford already manufactures the Fiesta model in Mexico, and the Focus and C-Max will follow after the newly-proposed $1.6 billion plant is finished.  Given that Ford sales have risen strongly since the recession, what […]

Washington Update for the Week of 9/5

Back to work. Congress went back to work this week after a long summer Congressional recess.  Now, the main legislative objective for September is to pass a funding bill to avoid a government shutdown after the fiscal year ends on September 30. The size, shape and scope of the funding bill remains to be seen.  […]

Washington Update

Breaking economic news. Just in time for Labor Day, new data released from the Bureau of Labor Statistics today shows a modest increase of 151,000 jobs last month. Perpetually tepid economic growth is sure to be a major topic of discussion for the Federal Reserve, which meets next month to discuss whether the economy is […]