Tariffs: Brace for Impact

Lindsay Wise at WSJ: The precise impact will depend on how long the tariffs stay in place and if other countries retaliate. The Tax Policy Center, a think tank, estimates the average household’s after-tax income will fall 1%, or $930, in 2026 because of the...

Fiscal Mess

Don Wolfensberger at The Hill: Since 1976 there have been 21 government shutdowns, the longest lasting 34 days, from Dec. 22, 2018 to Jan. 25, 2019. The second longest was 21 days in December 1995 (“the Gingrich that stole Christmas”). And the third longest was 16...

Reform “Buy American”

Colin Grabow, associate director at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies The next Congress should prioritize repealing or significantly reforming numerous Buy American–style laws that force the federal government to purchase American...