Daily Policy Digest

The Risky Mortgage Business: The Problem with the 30-Year Fixed-Rate Mortgage

Because the government protects large financial institutions that provide mortgages, there is less regulation, which allows lenders to make risker decisions that often end up hurting the taxpayer...

The Hated Property Tax: Salience, Tax Rates and Tax Revolts

In 1970, property taxes comprised 3.3 percent of gross domestic product (GDP); by 2000, they comprised only 2.5 percent of GDP...

Companies Prepare for Health Law

By January 1, 2014, employers with 50 or more workers will have to pay penalties if they don't cover full-time employees with health insurance...

A Bipartisan Nation of Beneficiaries

Nearly 55 percent of Americans have received government benefits from a major entitlement program...

High-Profile Studies Overrate Going to College and Picking the Right Major

Only 58 percent of new college students that started in 2004 graduated in six years...

Trillion-Dollar Deficits Are Sustainable for Now, Unfortunately

Even with a trillion-dollar budget deficit, it is unlikely that the United States will experience a debt crisis similar to what other countries like Greece and Spain did...

Another Ho-Hum Year for the Economy Likely in 2013

The Federal Reserve expected growth between 2.3 percent to 3 percent; however, it now expects 2012 to close with annual growth no better than 1.8 percent...

India and the United States: How Individuals and Corporations Have Driven Indo-U.S. Relations

Whereas most foreign policy discussions focus on government policies and diplomatic initiatives, relations between India and the United States have been driven substantially by corporations and individuals...

Why ObamaCare's Health Care Cost Controls Won't Work

With regard to financial incentives, there is little evidence that pay-for-performance reduces overall health costs...

A Resistance Movement Rises Up Against ObamaCare

The Congressional Budget Office expects at least 6 million people to pay the initial $95 fine rather than purchase health insurance...


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