Chris Edwards The low‐income housing tax credit (LIHTC) provides $13 billion a year of federal subsidies to state governments, which distribute the benefits to favored developers. The program...
David J. Bier This updates an earlier post. Student visas are the primary jumping‐off point for most high‐skilled immigrants to the United States. Immigrants study at America’s...
David Inserra The Supreme Court heard oral arguments on the Murthy v. Missouri case, which looks at the issue of when government communications with social media companies...
Scott Lincicome Today we’ve published two new essays for Cato’s Defending Globalization project: Competing for Capital: Tax Competition and Globalization, by Adam N. Michel, explains that international...
Peter Van Doren A recent New York Times op‐ed by Obama administration deputy assistant treasury secretary Aaron Klein declares that the market for credit cards is “broken...
Marc Joffe The State of California finally published its fiscal year 2022 audited financial statements on March 15, 2024, 350 days later than the March 31, 2023 deadline...
Sophia Bagley and Ryan Bourne In the Biden administration’s latest effort to combat “junk fees,” the Federal Communications Commission (FCC) voted March 14 to mandate “all‐in pricing”...
Colin Grabow Last week the United Steelworkers and other unions filed a Section 301 petition seeking US government action against China over its employment of subsidies and other...
Chris Edwards and Scott Lincicome Federal government debt tops $26 trillion, or $200,000 for every household in the nation. Compared to the size of the economy, the...
Jai Kedia A few months of hotter‐than‐expected inflation numbers have led to a renewed debate around how entrenched inflation has become. Most recently, the February Consumer Price Index...