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Op-ed Placement

King v. Burwell Will Reverberate Well Beyond Obamacare

On March 4, the Supreme Court will hear oral arguments in King v. Burwell, a lawsuit that challenges the Internal Revenue Service's implementation of the Patient Protection and Affordable Care Act (PPACA). Specifically, the lawsuit asserts that the PPACA limits federal subsidies to health insurance purchased from state-run health care exchanges, while the IRS has determined that federal subsidies are available for purchases on all health care exchanges-including those established by the federal government. While the decision in King v. Burwell will directly affect the ill-crafted health care law, its longer term implications will reverberate well beyond the PPACA, potentially redefining the broader constitutional balance between branches of government.

02/25/2015
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Op-ed Placement

Obama's Budget Kicks the Can Even Further Down the Road

This week President Obama released his $4 trillion budget for 2016, a mixed bag of new taxes and new programs and subsidies for the middle class. Last week the Congressional Budget Office (CBO)-Washington's nonpartisan budget arbiter-released its most recent analysis of the economy and fiscal policy. The two documents provide an interesting comparison of political expediency and long term challenges, with the president focusing on short-term spending while CBO warns of a longer term fiscal crisis.

02/05/2015
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Op-ed Placement

Is Obama Really a Middle Class Economic Hero?

In his recent State of the Union speech, President Obama extolled the virtues of "middle class economics," as a means of spurring economic growth and creating a more inclusive economy. Just what this entails is unclear, but President Obama says this "means helping folks afford child care, college, health care, a home, retirement, and my budget will address each of these issues, lowering the taxes of working families and putting thousands of dollars back into their pockets each year." On closer examination, the policy agenda the president is laying out is a tired mix of class warfare, new taxes, and more government spending.

01/27/2015
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Op-ed Placement

Come January, Tax Simplification Should Be Washington's Focus

When the new Congress convenes in January there will be a new dynamic at play, with the Republican-controlled legislature squaring off against a Democrat administration. Clearly, there should be opportunities for Republicans to coalesce behind popular reforms that may have been stymied by Harry Reid's Senate. Of these, tax reform is perhaps most sorely needed, but will the new Congress be willing to tackle the current tax code? Judging by the comments from incoming Senate Finance Committee Chairman Orrin Hatch, the outlook may be bleak.

12/30/2014
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Op-ed Placement

Regulations Rob the Internet of Its Dynamic Evolution

President Obama recently weighed in on the Federal Communications Commission's (FCC) net neutrality proceedings, basically endorsing a government takeover of the internet. Given the president's predilections for executive orders, the decision is not surprising. Imposing sweeping new regulations on the internet would continue the expansion of the administrative state that the president favors. But new regulations come at the price of reduced innovation and lower levels of capital investment, which is unfortunate, because neither the administration nor the FCC have yet to make the case that current internet policies have been problematic.

12/16/2014
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Op-ed Placement

Will a New Congress Take the Economy Seriously?

In Tuesday's historic elections many based their decisions in the voting booth on the economic performance of Obama and the Democrat controlled Senate. Unfortunately for the president, the record has been bleak, and the long term U.S. economic outlook remains problematic. While some have touted the fact that deficits have shrunk, the real problem is the mounting long term debt, which continues to be worrisome, as does the anemic economic recovery and lingering unemployment. While the new Congress offers an opportunity for fresh thinking on economic problems, implementing solutions may be challenging, given a recalcitrant Obama administration and the temptations of short-run political expediency versus long run reforms.

11/06/2014
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Op-ed Placement

Political Entrepreneurs Are Crowding Out the Entrepreneurs

Entrepreneurs launching "disruptive technologies" are reshaping markets across the U.S. economy, often by disintermediation and innovation. While these new products and services provide consumers more choices and better value, regulators have place increased attention on these activities, from car services such as Uber and Lyft, to those offering accommodations like Airbnb, to pop up restaurants running afoul of local health codes. In many instances, these new products emerged because innovators were one step ahead of the regulators. But as the regulatory state grows, these innovators will face new challenges from regulators.

10/24/2014
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Op-ed Placement

Technology Is Thriving, So Why Are the Feds Strangling It?

A growing number of economists are describing the current slump as a form of secular stagnation, where diminishing outlets for capital investment have slowed economic growth, reduced the demand for labor and stalled the economic recovery. While the technology sector remains one of the few areas of the economy where innovation and growth continue at a rapid pace, the Federal Communications Commission is moving forward with a series of new rules that may shackle this important part of the economy. From new mandates for municipal broadband to redefining what broadband means, to proposals to turn the Internet into a common carrier, the FCC is working to reshape how Americans connect to the Internet.

10/01/2014
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Blog

Coalition Letter: Senate Must Pass a Clean Permanent Internet Tax Freedom Act

FreedomWorks has signed onto the following coalition letter, drafted by Americans for Tax Reform, to urge the U.S. Senate to pass a permanent extension of the ban on internet access taxation. The House passed such a bill earlier this year. The federal ban on internet access taxation will expire on November 1st if Congress fails to act.

09/03/2014
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Op-ed Placement

Regulations Are Stifling Economic Growth

As the size and scope of government have expanded, regulators have come to play a much larger role in our day-to-day lives. The advent of the administrative state has created a web of regulations covering everything from design standards for electric appliances to new rules that require hotels and restaurants to accommodate miniature horses as service animals. All too often, common sense is being replaced with exacting statutes and regulations that dictate very specific forms of compliance.

09/03/2014

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