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  • March 11, 2025
    Policy Analysis
    No. 992
    The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies
    The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies
    The massive cash transfer from taxpayers to private firms under the guise of environmentalism creates an overwhelming and undue burden on taxpayers who continue to pay for fiscally irresponsible federal spending.
    By Travis Fisher and Joshua Loucks
  • March 10, 2025
    Policy Analysis
    No. 991
    Terrorism and Immigration
    Terrorism and Immigration
    The federal government’s security resources should be allocated to the most efficient means of reducing the costs of terrorism.
    By Alex Nowrasteh
  • March 4, 2025
    Policy Analysis
    No. 990
    Corporate Welfare in the Federal Budget
    Corporate Welfare in the Federal Budget
    This study tallies corporate welfare in the federal budget and finds that the government spends $181 billion a year on aid to businesses.
    By Chris Edwards
  • January 30, 2025
    Policy Analysis
    No. 988
    Subsidizing Transport
    Subsidizing Transport
    American taxpayers spend billions of dollars to support transit, intercity rail, car travel, and commercial air travel, with costs often far exceeding revenues.
    By Marc Joffe and Krit Chanwong
  • January 14, 2025
    Policy Analysis
    No. 987
    A Comprehensive Evaluation of Policy Rate Feedback Rules
    A Comprehensive Evaluation of Policy Rate Feedback Rules
    Given the existing framework of centrally managed fiat money, Congress can greatly improve monetary policy by requiring the central bank to follow a policy rule.
    By Jai Kedia and Norbert Michel
  • January 7, 2025
    Policy Analysis
    No. 986
    A Fiscal Agenda for the 119th Congress
    A Fiscal Agenda for the 119th Congress
    The 119th Congress will confront several fiscal deadlines that include reaching the federal debt limit in 2025, the expiration of statutory discretionary spending caps, expanded Obamacare health insurance subsidies, and a host of tax provisions.
    By Romina Boccia and Dominik Lett
  • November 26, 2024
    Policy Analysis
    No. 985
    Digital Trade Brings the World to Your Fingertips
    Digital Trade Brings the World to Your Fingertips
    In a world beset by increasingly pessimistic news, digital trade provides an important feel-good story about the value of free enterprise.
    By Gabriella Beaumont-Smith
  • November 13, 2024
    Policy Analysis
    No. 984
    The Social Security Trust Fund Myth
    The Social Security Trust Fund Myth
    The Social Security trust fund is a figurative piggy bank that holds only IOUs issued by the Treasury to the Social Security Administration, not actual money.
    By Romina Boccia
  • October 22, 2024
    Policy Analysis
    No. 982
    Is There Life After NATO?
    Is There Life After NATO?
    There is a good chance that a system in which the Europeans essentially defend themselves and the United States plays, at most, a peripheral role in European affairs would be more stable than the one we are now living with.
    By Marc Trachtenberg
  • September 19, 2024
    Policy Analysis
    No. 980
    Reforming State and Local Economic Development Subsidies
    Reforming State and Local Economic Development Subsidies
    State and local business subsidies are costly and increasing. Eliminating them would be ideal, but incremental reforms could also reduce their political attractiveness and deployment.
    By Scott Lincicome, Marc Joffe, and Krit Chanwong
  • September 12, 2024
    Policy Analysis
    No. 979
    Broken Trust
    Broken Trust
    While at times an effective tool, deception is ethically dubious and can result in severe negative consequences for suspects.
    By Andrew Eichen
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