Daily Policy Digest

Will China's Composite Index Replace the Dow?

More than half of the top 20 investment banks and brokers measured by market capitalization now come from China...

Oil Price Drop Forcing Commodity-Rich Countries to Sell Off Foreign Assets

Oil futures in New York traded at $52.78 a barrel today, 49 percent lower than a year ago...

Jock Tax Gives Professional Athletes Additional Burden

Professional athletes must file returns for many of the states and some of the cities where they play, a levy commonly known as the jock tax...

MACRA Is Not Cutting It

Medicare Doc Fix Adds $500 Billion to National Debt...

Generous Welfare and Increasing Minimum Wage Decrease the Labor Force Participation Rate

With broader eligibility for government-provided food stamps, health care and disability benefits, it has become more advantageous for some people to stay home than to work...

Why Are Food Stamps Considered an Agricultural Program?

Members of Congress need to thoughtfully discuss significant issues regarding agricultural programs and food stamps...

Start-Ups are Essential for Vitalizing the Economy

Start-ups fell from 15 percent of all businesses in 1978 to 8 percent in 2011...

Despite What Obama Says, the Federal Debt Is Not Improving

The accumulation of debt should prevent federal policymakers from feeling any sense of accomplishment...

Dispelling Misperceptions on Oil Prices

In the time before the price of one barrel of oil fell to $40, Goldman Sachs was alerting clients and investors that the price could skyrocket to $150 or more...

The IRS: A Federal Welfare Agency

Handouts, such as tax credits and Obamacare exchange subsidies, quadrupled from $30 billion in 2000 to an estimated $121 billion in 2015...


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