Government Spending
Business & Economics
Fiscal Conservatives Should Support Tax Reform
This week, the U.S. Senate is slated to vote on comprehensive tax reform. But some fiscal hawks are worried about the bill’s impact on the deficit. In the short term, these lawmakers are right to worry. Contrary to the analyses of some optimistic supporters, the tax cuts probably won’t pay ...
Blog
Janus Case Could Deliver Win for Workers and Boost Economy
Click here to download the brief Nerves are apparently raw in union halls across California. Labor leaders are waiting in dread over a coming Supreme Court ruling. The decision could cost them members, and more importantly to the union bosses, money. The case they fear is Janus vs. AFSCME. Its ...
Blog
More Government Spending Won’t Make Our Country Successful
As he celebrated Democrats’ November election wins, California’s overwrought Tom Steyer took a moment to sound a bit like someone from the other party — before he reverted back to form. “When we think about what a more prosperous, healthy America would look like, we really have to start again ...
Blog
New Report Shows Legislature’s “Housing Day” Won’t Increase Affordability
California’s Legislature made a run at fixing the state’s housing crisis as the session was ending a bit more than a month ago. But it won’t solve anything next year, as home prices are expected to rise in 2018. In fact, lawmakers’ poor-faith effort isn’t likely to help moderate home ...
Blog
What Connecticut – and California – Can Learn from Tennessee on Fiscal Reform
We’ve all heard the negative economic and budget stories coming out of Sacramento in recent years. But as a Connecticut native, the headlines coming out of my home state are equally concerning, and offer a lesson for Golden State policymakers. Connecticut is the richest state in the country (by per-capita ...
Blog
To Grow America’s Economy, We Need Tax Reform and Spending Reform
Washington D.C. has turned its sights on tax reform. Critics, almost reflexively, oppose the effort based on claims that tax reform will increase the deficit. A little perspective is in order, consequently. The chart below presents data on total federal, state, and local government revenues and spending relative to the ...
Government Spending
Senate Republicans Release Their Obamacare Replacement Plan
Senate Republicans on Thursday announced a wide-ranging plan to roll back the Affordable Care Act, with features that include a dramatic reduction in government spending that could mean millions more Americans will be left uninsured. The plan, unveiled by Senate Majority Leader Mitch McConnell and his team after working on ...
California
Would Single Payer Violate The Gann Limit?
The California Senate voted late on June 1 to create a single-payer health-care system that will cover every resident in the state with no money out of their pockets. But this “free” health care would be anything but. Its costs are going to be steep, painful, probably deadly – and ...
Business & Economics
New Study – Beyond the New Normal Part 4: Policy Mix Theory and Historical Evidence
America’s economy can return to the days of 3 percent and higher annual growth rates if Washington embraces pro-growth economic policies, concludes the latest installment of Pacific Research Institute’s Beyond the New Normal series released today. “Nothing impacts America’s economy more than government economic policy,” said Dr. Wayne Winegarden, PRI ...
Business & Economics
Can The Government Afford Economic Growth?
Despite the Federal Reserve’s latest interest rate increase last week, interest rates remain low by historical standards. While rising interest rates are an indication that the economic outlook is improving, the slow climb back to normal rates is a significant risk to the government’s budget. 50 years ago, about 10 ...
Fiscal Conservatives Should Support Tax Reform
This week, the U.S. Senate is slated to vote on comprehensive tax reform. But some fiscal hawks are worried about the bill’s impact on the deficit. In the short term, these lawmakers are right to worry. Contrary to the analyses of some optimistic supporters, the tax cuts probably won’t pay ...
Janus Case Could Deliver Win for Workers and Boost Economy
Click here to download the brief Nerves are apparently raw in union halls across California. Labor leaders are waiting in dread over a coming Supreme Court ruling. The decision could cost them members, and more importantly to the union bosses, money. The case they fear is Janus vs. AFSCME. Its ...
More Government Spending Won’t Make Our Country Successful
As he celebrated Democrats’ November election wins, California’s overwrought Tom Steyer took a moment to sound a bit like someone from the other party — before he reverted back to form. “When we think about what a more prosperous, healthy America would look like, we really have to start again ...
New Report Shows Legislature’s “Housing Day” Won’t Increase Affordability
California’s Legislature made a run at fixing the state’s housing crisis as the session was ending a bit more than a month ago. But it won’t solve anything next year, as home prices are expected to rise in 2018. In fact, lawmakers’ poor-faith effort isn’t likely to help moderate home ...
What Connecticut – and California – Can Learn from Tennessee on Fiscal Reform
We’ve all heard the negative economic and budget stories coming out of Sacramento in recent years. But as a Connecticut native, the headlines coming out of my home state are equally concerning, and offer a lesson for Golden State policymakers. Connecticut is the richest state in the country (by per-capita ...
To Grow America’s Economy, We Need Tax Reform and Spending Reform
Washington D.C. has turned its sights on tax reform. Critics, almost reflexively, oppose the effort based on claims that tax reform will increase the deficit. A little perspective is in order, consequently. The chart below presents data on total federal, state, and local government revenues and spending relative to the ...
Senate Republicans Release Their Obamacare Replacement Plan
Senate Republicans on Thursday announced a wide-ranging plan to roll back the Affordable Care Act, with features that include a dramatic reduction in government spending that could mean millions more Americans will be left uninsured. The plan, unveiled by Senate Majority Leader Mitch McConnell and his team after working on ...
Would Single Payer Violate The Gann Limit?
The California Senate voted late on June 1 to create a single-payer health-care system that will cover every resident in the state with no money out of their pockets. But this “free” health care would be anything but. Its costs are going to be steep, painful, probably deadly – and ...
New Study – Beyond the New Normal Part 4: Policy Mix Theory and Historical Evidence
America’s economy can return to the days of 3 percent and higher annual growth rates if Washington embraces pro-growth economic policies, concludes the latest installment of Pacific Research Institute’s Beyond the New Normal series released today. “Nothing impacts America’s economy more than government economic policy,” said Dr. Wayne Winegarden, PRI ...
Can The Government Afford Economic Growth?
Despite the Federal Reserve’s latest interest rate increase last week, interest rates remain low by historical standards. While rising interest rates are an indication that the economic outlook is improving, the slow climb back to normal rates is a significant risk to the government’s budget. 50 years ago, about 10 ...
