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President Biden just included the Protecting the Right to Organize (PRO) Act in his American Jobs Plan. AAF President Do...
04/01/2021
The AAF Exchange — Ep. 69: The PRO Act pt.2 - AAF

President Biden just included the Protecting the Right to Organize (PRO) Act in his American Jobs Plan. AAF President Douglas Holtz-Eakin and special guest labor attorney Michael Lotito join us to discuss how this legislation may impact labor and employment laws in the United States.

President Biden just included the Protecting the Right to Organize (PRO) Act in his American Jobs Plan. AAF President Douglas Holtz-Eakin and special guest labor attorney Michael Lotito join us to discuss how this legislation may impact labor and employment laws in the United States.

There is not yet legislative text that tells one exactly what the American Jobs Plan is, but from the fact sheet outline...
04/01/2021
The American Jobs Plan - AAF

There is not yet legislative text that tells one exactly what the American Jobs Plan is, but from the fact sheet outline a few things become clear. For one, this is not an infrastructure bill; it is a spending bill.

Eakinomics: The American Jobs Plan Yesterday President Biden launched his quest for passage of the American Jobs Plan (AJP, not to be confused with the Obama-era American Jobs Act), his $2.25 trillion proposal that many are referring to as his “infrastructure plan.” There is going to be a lot of...

For some reason, the notion that one ought to do a retrospective review – a look back at an existing regulation – to see...
03/31/2021
A New Approach to Retrospective Review - AAF

For some reason, the notion that one ought to do a retrospective review – a look back at an existing regulation – to see if it really was, and remains, “worth it” remains a lightning rod. - Douglas Holtz-Eakin

Eakinomics: A New Approach to Retrospective Review The notion that one ought to vet new regulations to see whether they are “worth it” – i.e., benefits exceed costs – seems uncontroversial, even if there is not always agreement on how to execute the analysis. For some reason, however, the no...

The American Rescue Plan increases the Child Tax Credit to $3,000 per child – $3,600 for any child under age 6 – and inc...
03/30/2021
ARP and the Child Tax Credit - AAF

The American Rescue Plan increases the Child Tax Credit to $3,000 per child – $3,600 for any child under age 6 – and increases the age limit to include 17-year-olds. Let’s just look at a few features.

Eakinomics: ARP and the Child Tax Credit Among the most touted elements of the American Rescue Plan (ARP) is the expanded Child Tax Credit (CTC), which proponents advertise as cutting child poverty in half. The ARP increases the CTC to $3,000 per child – $3,600 for any child under age 6 – and in...

Diverse skill sets and talents from across the world have spawned innovation and job creation in this country for years....
03/29/2021
Daily Dish: The Potential of Immigration Reform - AAF

Diverse skill sets and talents from across the world have spawned innovation and job creation in this country for years. Despite that, under 10 percent of visas are awarded based on economic criteria.

That pro-growth impact is the foundation of conservative approaches to immigration reform. This potentially bipartisan approach should be on the table.

The Digital Services Act not only impacts companies located in the European Union, but also directly targets American co...
03/28/2021
The EU’s Digital Services Act: A Primer - AAF

The Digital Services Act not only impacts companies located in the European Union, but also directly targets American companies with its “very large” distinction, harming consumers in the United States and around the globe.

Executive Summary The European Union’s Digital Services Act (DSA) would introduce stricter regulations for internet intermediaries and digital platforms, requiring the implementation of a virtual complaint system, setting yearly reporting requirements, and threatening fines. The DSA also includes ...

Some countries are seeking to impose taxes on multinational tech companies based on their digital rather than physical p...
03/27/2021
Digital Services Taxes: A Primer - AAF

Some countries are seeking to impose taxes on multinational tech companies based on their digital rather than physical presence. These unilateral taxes defy international tax norms and threaten to cede the U.S. tax base to nations imposing such taxes.

Given the rise of the digital economy, some countries are seeking to impose taxes on multinational tech companies based on their digital rather than physical presence

Interested in the nitty-gritty numbers surrounding the housing market? AAF’s Housing Chartbook has got you covered.
03/27/2021
Housing Chartbook Q4 2020 - AAF

Interested in the nitty-gritty numbers surrounding the housing market? AAF’s Housing Chartbook has got you covered.

Average 15- & 30-Year Fixed Rate Mortgages The Freddie Mac Weekly Primary Mortgage Market Survey (PMMS) reports the average popular 30-year fixed-rate for mortgage products. It comes from a survey of lenders and is based on first-lien prime conventional conforming mortgages with a loan to value rati...

The House’s passage of The Dream and Promise Act of 2021 and The Farm Workforce Modernization Act offers a glimmer of ho...
03/27/2021
Examining the Latest Immigration Reform Legislation - AAF

The House’s passage of The Dream and Promise Act of 2021 and The Farm Workforce Modernization Act offers a glimmer of hope to those pushing for legislation reforming immigration in the United States.

Executive Summary As part of President Biden’s larger immigration reform plan, the House passed two immigration bills last week, the Dream and Promise Act and the Farm Workforce Modernization Act. Both bills offer a path to legalization for certain groups of immigrants by creating new categories a...

Digital Services Taxes are taxes imposed on multinational firms on the basis of their digital activities in a particular...
03/26/2021
Digital Services Taxes - AAF

Digital Services Taxes are taxes imposed on multinational firms on the basis of their digital activities in a particular jurisdiction. This is a problem.

Eakinomics: Digital Services Taxes Yesterday Eakinomics reviewed the flawed policy foundations of the European Union’s Digital Services Act (DSA). Today’s topic is its close cousin, the Dismal, er, Digital Services Tax (DST). Gordon Gray and Jennifer Huddleston have a complete description. DSTs ...

Due to the current light-touch regulatory approach to tech policy, the United States had eight of the 10 highest-valued ...
03/25/2021
Europe’s Digital Services Act - AAF

Due to the current light-touch regulatory approach to tech policy, the United States had eight of the 10 highest-valued tech companies in 2019. In contrast, there are no European companies in these rankings.

Eakinomics: Europe’s Digital Services Act There is seemingly a tremendous appetite for regulating U.S. tech companies, raising the fear of mistargeted, overreaching measures that would do more damage than good. This is more than an abstract fear. Due to the current light-touch regulatory approach ...

President Biden’s changes to the regulatory review are a big deal. They skew the genuine benefit-cost analysis and turn ...
03/24/2021
How To Recognize A Modern Regulatory System - AAF

President Biden’s changes to the regulatory review are a big deal. They skew the genuine benefit-cost analysis and turn OIRA into a cheerleader instead of a referee. The result will be to damage the integrity of rulemaking.

Eakinomics: How To Recognize A Modern Regulatory System Ever since President Biden issued his day-one directive to “modernize” the manner in which the Office of Information and Regulatory Affairs (OIRA) handles regulations, the interested, skeptical, cynical, and terrified have been wondering ex...

The press is catching on to the idea that one does not toss nearly $2 trillion of taxpayer money at a growing economy wi...
03/22/2021
The American Rescue Plan and Macro Risks - AAF

The press is catching on to the idea that one does not toss nearly $2 trillion of taxpayer money at a growing economy with rising income and wealth without generating some negative risks.

Eakinomics: The American Rescue Plan and Macro Risks The press is catching on to the idea that one does not toss nearly $2 trillion of taxpayer money at a growing economy with rising income and wealth without generating some negative risks. When even The New York Times has the headline “Recast as ...

Back when the ACA was passed, insurers were required to sell to all comers, and they could no longer carve out coverage ...
03/20/2021
Special Enrollment Periods and the ACA’s Stability - AAF

Back when the ACA was passed, insurers were required to sell to all comers, and they could no longer carve out coverage exemptions for pre-existing health conditions. The problem with these provisions is they opened the health care system to freeloading.

One of President Biden’s first acts upon taking office was to order a special enrollment period (SEP) giving individuals who had skipped insurance coverage through the Affordable Care Act’s (ACA) marketplaces during the December open enrollment period—or who lost their job in the intervening t...

Should President Biden’s moratorium on new drilling be implemented permanently, it will result in concentrated job losse...
03/20/2021
Impact of a Federal Leasing Moratorium - AAF

Should President Biden’s moratorium on new drilling be implemented permanently, it will result in concentrated job losses. Policies should target those states where potential future job losses would be most damaging instead of the entire industry.

Executive Summary As part of his climate change agenda, President Biden issued executive orders that halt leasing and drilling on federal lands and in federal waters to allow federal agencies to conduct a review, raising concerns about job losses in the affected oil and gas industries. A relatively....

Exposure risk to COVID-19 is less and less “unanticipated” and more and more a regular danger of certain occupations. On...
03/19/2021
The Track Record on Hazard Pay - AAF

Exposure risk to COVID-19 is less and less “unanticipated” and more and more a regular danger of certain occupations. One would expect that firms hiring for those occupations would be forced to compensate for viral risks by paying a premium.

Eakinomics: The Track Record on Hazard Pay Early in the pandemic, there was enormous attention on proposals for federally financed hazard pay – a bonus for those workers who risked greater exposure to the coronavirus during the ex*****on of their normal work duties. There were two high-profile pro...

Throughout the COVID-19 pandemic, there have been stories and images of long lines at food banks. AAF Director of Human ...
03/19/2021
The AAF Exchange — Ep. 67: Food Insecurity In The United States - AAF

Throughout the COVID-19 pandemic, there have been stories and images of long lines at food banks. AAF Director of Human Welfare Policy Tara O’Neill Hayes joins us to discuss her research on the current state of food insecurity and some counterintuitive conclusions.

Throughout the COVID-19 pandemic, there have been stories and images of long lines at food banks. AAF Director of Human Welfare Policy Tara O’Neill Hayes joins us to discuss her research on the current state of food insecurity and some counterintuitive conclusions.

As of 2018, less than 6 percent (approximately 21 million people) of Americans still lacked access to broadband accordin...
03/18/2021
Options for Closing the Digital Divide - AAF

As of 2018, less than 6 percent (approximately 21 million people) of Americans still lacked access to broadband according to the FCC. Other studies suggest this number could be significantly higher.

Eakinomics: Options for Closing the Digital Divide The digital divide is the disparity between those with, and those without, reliable high-speed internet access. There are three important things to know about the digital divide, which can be gleaned from Jennifer Huddleston’s “How Policymakers ...

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