by jpitney | Apr 25, 2020 | Coronavirus, Debt, Economic Policy, Uncategorized
An April 24 report from CBO: CBO has developed preliminary projections of key economic variables through the end of calendar year 2021, based on information about the economy that was available through yesterday and including the effects of an economic boost from...
by jpitney | Apr 23, 2020 | Congress, Coronavirus, House of Representatives
Heather Caygle, John Bresnahan, and Sarah Ferris at Politico: The House will vote Thursday on whether to establish a select coronavirus oversight committee, a plan Pelosi announced earlier this month. House Majority Whip Jim Clyburn of South Carolina will chair the...
by jpitney | Apr 22, 2020 | Environment, Nixon
On the 50th anniversary of Earth Day, we should remember the statesman who signed more major environmental measures than any other president: The National Environmental Policy Act (NEPA) of 1969; Reorganization Plans Nos. 3 and 4 of 1970 – creating the Environmental...
by jpitney | Apr 21, 2020 | Economic Policy, Trade
During the crisis, some are saying that we should not rely on foreign countries in our supply chains. That notion is chimerical. Borrowing from a classic essay by Leonard Read, Milton Friedman once explained why it took thousands of people around the world to make a...
by jpitney | Apr 20, 2020 | Congress, Constitution, Presidency
In some states, the results of the 2020 presidential election might be in dispute. And a 269-269 tie is possible, albeit unlikely. What then? Under the 12th Amendment, the newly-elected House picks the president — with each state getting one vote — and...
