Daily Policy Digest

Monday, May 21, 2012

• The Cost of Ever-Increasing Federal Regulations

  Estimated regulatory costs, while "off budget," are estimated to be $1.75 trillion and are equivalent to over 48 percent of the level of federal spending itself...

• The Economics and Regulation of Bank Overdraft Protection

  In 2010, 13 million consumers used overdraft protection and banks generated $35 billion in revenue from this use...

• Sustainability

  The argument that the earth is incapable of providing for an expanding human population is without scientific basis...

• Student Loan Payroll Tax Increase: Another Attack on Small Business

  Senate Majority Leader Harry Reid has proposed to offset the cost of continuing to subsidize student loans by raising taxes on small businesses to the tune of $9 billion over 10 years...

• When Cupcakes Are the Enemy of School Kids

  Massachusetts will not only limit the bake sale capability of students -- it will also forbid students from handing out sweets such as cupcakes on their birthdays...