Publications -- Government

ST #311 – State Health Care Reform: Key Questions and Answers

One of the biggest problems in health care reform is that parties with different viewpoints do not agree on basic facts.  Some view the private sector as the source of U.S. health care woes and an expansion of government control as the solution.  Others believe that ill-considered government interference is the main source of the problem.

BA #611 – How the Fed Creates Money

Signs of an economic slowdown, or recession, have prompted the Federal Reserve to lower interest rates.  The Fed reduces interest rates by increasing the supply of money available to borrow.  This additional money is distributed to banks and loaned to consumers.  Assuming a constant demand for money, an increase in the quantity of money will cause interest rates to drop.  But how does the Fed increase the money supply?

BA #608 – Welfare Reform in Indiana

Indiana Gov. Mitch Daniels has signed an agreement to outsource the administration of health, welfare and nutrition programs to a consortium led by the IBM Corporation and Affiliated Computer Services, Inc. Under the 10-year contract, these companies will receive and process applications for benefits received by one in six Indiana residents and provide technological support to the state's Family and Social Services Administration (FSSA).

BA #606 – Tax Code Became More Progressive after the Bush Tax Cuts

Critics complain that the 2001 and 2003 Bush tax cuts gave the greatest tax relief to the wealthiest taxpayers. However, every major tax bill over the past 15 years — both Republican and Democrat — has increased the progressivity of the federal income tax system.

BA #605 – Economic Freedom and Economic Growth in Mexico

Over the last 25 years, the wage gap between Mexico and the United States has grown progressively wider, making U.S. jobs increasingly attractive. This is a major reason for the increasing influx of immigrants from Mexico to the United States.

BA #604 – Wealthier Is Healthier: A Better Way to Aid Africa

It is increasingly clear that economic freedom, good governance and rule of law are key drivers in promoting economic growth and reducing poverty.  In Sub-Saharan Africa, unfortunately, economic freedom and growth have trailed the rest of the world.  One result is that the health of Sub-Saharan Africans is among the worst in the world.  According to the World Economic Forum, a child born in Niger is 40 times more likely to die before her fifth birthday than a child born in the United Kingdom. 

BA #603 – Increasing America’s Domestic Fuel Supply by Building New Oil Refineries

Rising oil and gasoline prices have many causes that are beyond the control of the U.S. government.  However, government policies have contributed to higher prices by reducing domestic refining capacity, which has limited the supply of gasoline.  No new oil refineries have been built in the United States for almost 30 years, and many refineries have closed.

BA #601 – Texas Charters, Choice and Performance

Texas is at the forefront of a blossoming nationwide charter school movement. Although charter schools are publicly funded, they are free of some of the regulations that burden public schools and are managed independently.  Charter schools are subject to the state's accountability system, including the annual Texas Assessment of Knowledge and Skills (TAKS).

BA #600 – The Coming Tax Tsunami

Over the next 25 years American taxpayers will face a fiscal tsunami.  The first of the baby boomers will be eligible for early retirement beginning next year, and will be eligible for Medicare in 2011.  The last of the Baby Boom generation, born in 1964, will reach normal retirement age (67 years) in 2031.  Most baby boomers are approaching their peak earning years when they have the greatest capacity to save for retirement. 

BA #599 – The Surtax: Worse Than the Alternative Minimum Tax

The individual alternative minimum tax (AMT) was originally designed to tax wealthy households who paid little income tax due to deductions and credits they claimed.  However, today's AMT is hitting more and more middle-class households in spite of temporary fixes (such as raising the threshold of income not subject to the AMT).  The last temporary patch expired at the end of 2006.