Daily Policy Digest

FDA Testing Needs Reform

It now costs from $500 million to a whopping $2 billion to get a drug to market...

Supreme Court Will Hear EPA Case This Term

In 2012, the EPA finalized a rule regulating mercury from electric utilities at a staggering cost of $9.6 billion annually...

Reducing Down Payments to 3 Percent Is a Bad Idea

Prior to the 1990s, a 20 percent down payment for a Fannie or Freddie housing loan was standard, but at the start of the subprime mortgage crisis, required down payments had fallen dramatically...

How to Limit Government Spending? Use a TEL

Tax and expenditure limits, or TELs, are limits on government spending...

Health Care Costs Rising? Get a Health Savings Account

A decade ago, out-of-pocket health care costs were 5.3 percent of median income. Today, they are 9.6 percent of income...

There's a Big Poverty Trap in Illinois' Welfare System

An analysis of Illinois' welfare program shows large financial disincentives to moving off of public assistance...

Mississippi Relies Most, Alaska Least, on Federal Aid

Mississippi relies on federal aid more than any other state, with more than 45 percent of its general revenue coming from the federal government...

A Six-Year Delay on Keystone XL

It has been six years since Canadian energy company TransCanada applied to construct the Keystone XL pipeline...

New Study Links Vouchers with College Degrees

Do vouchers have any impact on students' success at the higher education level?...

Cap-and-Trade Programs Reduced Hiring, Earnings

Cap-and-trade programs place a ceiling on certain types of emissions -- companies are given a right to emit pollutants to a certain limit, and they can sell that right to others...


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