April 18, 2014 SIGN IN | REGISTER

Economy Archive

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Expanded EITC May Offer New Lessons in Labor Economics

The White House decision to include an expansion of the earned income tax credit in its fiscal 2015 budget proposal added to the growing attention the credit has gained this year as lawmakers and policymakers search for ways to address the country’s widening income gap.

New York Provides EITC Test Case

Obama administration staffers working on the president’s proposal to double the earned income tax credit availability to single childless workers could take a lesson from New York City, which last year launched a pilot program to do just that.

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The Dean John Dingell's Office On Display

Much of the wall decor in the third-floor Rayburn office that has served as Rep. John D. Dingell’s Capitol Hill headquarters for 23 years would be better suited to a hunting lodge.

Boehner, GOP Dismiss Obama Budget, While Murray Sees Potential Compromises

The instant-reaction kabuki of party leaders to the president’s budget announcement has a certain predictable nature, and this year was no different.

Moving Forward on E-Waste Management | Commentary

Three years ago, a dozen leading consumer electronics companies collaborated to create the “Billion Pound Challenge.” The goal: recycle one billion pounds of electronic devices annually, enough to fill an entire NFL stadium. As of last April, the industry was more than halfway to its original goal, with 585 million pounds responsibly recycled — up from 300 million pounds in 2010. But now a patchwork of state rules mandating recycling is inadvertently complicating this effort to reach our billion-pound stretch goal.

The Time Is Now for Free-Trade Agreements | Commentary

Acrimony has become one of Washington’s defining characteristics. For almost the entirety of President Obama’s tenure, the legislative and executive branches have been at bitter odds, failing to seize big moments and enact legislation of great substance. Unfortunately, unless someone steps forward, another opportunity could soon be lost, this time, to pass free trade agreements with allies in Europe and Asia that will open markets with nearly one billion customers to American employees and employers.

Democrats Need to Support Free Trade | Commentary

Almost ten years ago under President George W. Bush, Democrats in the House and Senate voted overwhelmingly against the last controversial free trade agreement to come before Congress, the Central American Free Trade Agreement (CAFTA). Now leading Democrats in Congress are threatening to deny or delay, giving President Obama the Trade Promotion Authority (TPA) essential to complete two of the largest free trade agreements in American history, the Trans-Pacific Partnership (TPP) and the Transatlantic Partnership (TTIP). These agreements have enormous potential for creating hundreds of thousands of jobs and an almost one percent increase in U.S. GDP without adding to the deficit.

Trade with Asia Will Help Revitalize the Beleaguered U.S. Economy | Commentary

While the United States economy continues to falter, some in Congress are standing in the way of a key trade vote that has the potential to benefit our stagnant economy.

The Economic Case for Permitting Crude Oil Exports | Commentary

Since the gasoline shortages of the 1970s, Congress has, with only a few exceptions, barred all U.S. crude oil exports. But an energy policy that may have made sense 40 years ago no longer does. Innovative drilling techniques have spawned an oil and natural gas boom in the United States. Since oil surpluses can create as many problems as oil shortages, it’s time to eliminate those export restrictions.

Timeline of the FCC and Broadband

Aug. 5, 2005 — The Federal Communications Commission adopts a policy statement that consumers are entitled to: access their choice of legal Internet content, use services and run applications of their choosing, and have competition among network, application, service and content providers.

Immigrants in America: Open For Business | Commentary

If Congress would look at immigration reform as an opportunity, 2014 would be the year to make significant changes happen for the future of this nation.

It's Time to Finish Ike's Memorial | Letter to the Editor

In a recent opinion piece appearing in these pages, (“It’s Time to Bury Frank Gehry’s Eisenhower Memorial,” Feb. 3) the Eisenhower Memorial project was attacked with the same old false criticisms, by the same old “nattering nabobs of negativism.” The debate over the memorial to a great American has descended into a highly orchestrated partisan and ideological sideshow — embarrassing to our country and the legacy of a great American hero.

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Staffers Left Behind: PMF Finalists Can't Find Placements

Jennifer Mills was thrilled the day she opened the PDF file and saw her name listed. She — along with 600 others from an original pool of 12,000 — had been named a finalist in the Presidential Management Fellows Program, an elite opportunity for those with graduate degrees to enter public service.

One Month In Washington | Commentary

One month ago, I was sworn in as the new Representative for Alabama’s First Congressional District, which encompasses Mobile, Gulf Shores, and four rural counties north of Mobile Bay. It was the thrill of a lifetime for me, having served as a state Senator and Chancellor of the Alabama two-year college system, to enter the United States Capitol and take the oath to uphold and defend the Constitution on behalf of my friends and neighbors back home.

Close Corporate Tax Loopholes to Fix Holes in Our Infrastructure | Commentary

Business owners know the importance of investing to keep their companies competitive. When essential equipment breaks, they fix it if they can or replace it if they can’t. They don’t respond by cutting their budget for maintenance and investment. Yet that’s what Congress has done.

Solutions to the Retirement Problem, Compared

It can be hard to keep track of all the various retirement security proposals proposed by lawmakers and think tanks over the past few years. Here is a list of a few of the major aspects of some of the proposals.

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As 'Retirement Gap' Concerns Reach Across Partisan Divide, Senators Propose Savings Solutions

When President Barack Obama introduced a new retirement savings plan during his State of the Union speech last month, the Republican response was uncharacteristically muted. Although Republicans were upset about the president’s new reliance on executive authority to push his agenda, they had few harsh words about the details of the retirement idea.

Budget Cuts to Congress Are Real, Not 'Gimmicks' | Commentary

With little fanfare and much sacrifice, a small entity within the federal government has made significant cuts to its own budget. The cuts have required an already underpaid and overtaxed workforce to develop creative solutions to continue to deliver high-quality services to key stakeholders with even fewer resources. The mainstream media has largely ignored this unprecedented budgetary reduction, and the federal entity’s leaders have foregone even a modicum of self-congratulation for the effort, while the employees have been nearly universally silent on the impact. This workforce is the U.S. Congress.

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Cruz Does Boehner No Favors

After championing the Affordable Care Act defunding strategy that led to the government shutdown in October, Sen. Ted Cruz continues to do Speaker John A. Boehner no favors — and some of Boehner’s allies think the tea party Texan should mind his own business.

Cyberthreats Require Collaboration Not Confrontation | Commentary

As retailers, every day we seek to provide customers the goods and services they want at the best value. But retailers also know that consumers demand more than just a good deal, they expect to be treated fairly and honestly. Consumers also expect that their purchases are made in an environment where personal information is secure.

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