Forbes called this explosive loan situation, a “perfect storm…of heavier debt loads, higher payments, and an unforgiving economy.”
Jeffrey A. Singer
Adam N. Michel The Low-Income Housing Tax Credit (LIHTC) awards roughly $14 billion in tax credits annually to private apartment building developers in exchange for keeping rents capped for lower-income tenants. But far from being an effective solution to housing affordability, the LIHTC is a
Phil Gramm and Donald J. Boudreaux
President Trump has made a lot of noise in the business community in the first few months of his administration. Unfortunately, his actions and rhetoric have created a lot of uncertainty in the economy, threatening capital development.
Adam N. Michel The House of Representatives recently passed its One Big Beautiful Bill Act, which, among many other things, extends the expiring 2017 Trump tax cuts. Now the bill heads to the Senate, where lawmakers have the opportunity to improve a bill that currently
Neal McCluskey In a decision that surprised me in its rapidity, but not its outcome, the Supreme Court deadlocked four to four, leaving in place an Oklahoma Supreme Court decision against the creation of a Roman Catholic cyber charter school. The tie vote was possible because
30-year Treasury yield spikes to 5.09%, 10-year yield hits 4.61%. 10-yr yield is back at 2005 levels.
Jeffrey Miron What level of government—state or federal—should set economic and social policy? The modern presumption is that “good” policies should be implemented federally. That is the logic behind the federal role in setting a minimum wage, providing Medicaid, Medicare, and Social Security, imposing nationwide environmental regulations,
