The Unseen and The Unsaid
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The Quarterly Ledger: A Review of the Nation’s Balance Sheet: Q1 FY 2026
As total debt held by the public closes in on $31 trillion, it would be valuable for policymakers to take stock of the nation’s balance sheet.
Jan 16
•
Jack Salmon
2
1
2
A Market-Oriented Reconciliation Agenda for Affordability
Reconciliation is a narrow but powerful legislative tool that allows Congress to change federal taxes, spending, and receipts on a fast-track basis.
Jan 15
•
Veronique de Rugy
and
Joshua Rowley
10
5
Carbon Taxes Are More Problematic Than They Seem
The International Monetary Fund (IMF) reports that the government subsidizes fossil fuels, coal, and natural gas by on the order of $700 billion per…
Jan 15
•
Samson McCune
6
2
3
Why Credit Card Interest Caps Will Backfire—Again
President Trump’s recent proposal to impose a 10% cap on credit card interest rates is being marketed as a straightforward way to help households…
Jan 13
•
Jack Salmon
5
1
2
Tracking Efforts to Shrink the Size of the Federal Workforce: December 2025 Update
As part of the agreement to pass a continuing resolution and reopen the government, Congress and the White House agreed to pause reductions in force…
Jan 12
•
Jack Salmon
2
1
1
A Step Back from the OECD’s Two-Pillar Overreach
How Congress and the G7 Pulled the United States Back from the OECD’s Global Tax Cartel
Jan 9
•
Veronique de Rugy
3
1
Taking Steps Toward a Fusion Future
Policymakers should allow innovation within energy markets and minimize regulation of nuclear fusion
Jan 8
•
Samson McCune
3
2
1
A “Temporary” Pandemic Subsidy Congress Refuses to Let Die
This week, the House will vote on a discharge petition to force floor consideration of a bill extending the Affordable Care Act’s enhanced COVID-era…
Jan 7
•
Jack Salmon
8
4
What Gabriel Zucman Gets Wrong About Venezuela
Accounting Facts, Historical Context and a Misleading Narrative
Jan 6
•
Jack Salmon
11
2
7
Why California’s One-Time Wealth Tax Won’t Work
Taxing ultra-high earners won’t result in more revenue but in more wealthy residents leaving the state
Jan 5
•
Jack Salmon
13
3
3
December 2025
Developing Countries Won’t Get Rich Without Institutional Reform
Last week, Professor Nelson Camilo Sánchez of UVA’s School of Law wrote an article in which he called for a crackdown on international corporate…
Dec 18, 2025
•
Samson McCune
7
7
3
Tracking Efforts to Shrink the Size of the Federal Workforce: November 2025 Update
Deferred Resignations Now Reflected in the Jobs Numbers
Dec 16, 2025
•
Jack Salmon
1
1
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