Daily Policy Digest

The Future of Social Security Looks Bleak

The Social Security trust funds could run out of money to pay promised benefits as early as 2029...

Drug Competition Means Big Savings

Price competition that drove generic drug prices down 80 to 90 percent could do the same for "biosimilar" drugs, a substitute for prohibitively expensive biologics...

"Zero Emission Vehicles" Are Not Emission Free

Electric vehicles are not as beneficial for the environment as one might think, reports a NBER study...

Meaningful Reforms the Only Way Out of Crippling National Debt

The country is entering a very challenging period of fiscal stress, driven by the aging of the population and rising health expenses...

Justice Roberts Saves Flawed Obamacare

John Roberts' voting record has more in common with the liberal members of the Supreme Court than with the conservative wing...

The Great Recession Still has Adverse Consequences

The weakening of the labor market in the Great Recession was associated with tremendous job destruction...

The Exelon Bailout

The Low Carbon Portfolio Standard would charge ratepayers $300 million annually, while making it both technologically and financially difficult for other wind and solar bidders to compete...

What Can We Expect From a Growing National Debt?

Through the first quarter of 2015, the U.S. national debt stood at more than $18 trillion while the nation's GDP stood at some $17 trillion, which works out to be a national-debt-to-income ratio of 103 percent...

Do Not Underestimate the Implications of a Greek Default

The implications of a Greek default for the United States are not to be underestimated...

States' Budget Woes Could Raise Taxes

More states have been unable to complete budgets so far this year than is typical, and the situation points to long-term spending problems...


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