For many, many years, Congress’ Joint Committee on Taxation (JCT) insisted it could not produce credible analysis showing how the economy’s trajectory would alter under a material change in tax policy such as the Tax Cuts and Jobs Act now working its way through Congress. With the recent release of its dynamic analysis of the…
Featured Blog
Neil Bradley
It’s Time to Unshackle the Export-Import Bank
For two years, the Export-Import Bank (Ex-Im) has been put in a tough position, and American exporters have paid the price. Even though a supermajority in Congress expressed its will by reauthorizing Ex-Im in December 2015, the bank hasn’t had a quorum on its board to approve financing deals of more than $10 million. Ex-Im…
Featured Blog, Sean Hackbarth
U.S. Chamber’s Donohue: We Will Fight for a Modernized NAFTA
It’s time to “ring the alarm bells” on NAFTA, the head of the U.S. Chamber warned. The business community will fight to make sure it’s modernized, because abandoning the North American Free Trade Agreement is a “existential threat” to the continent’s national and economic security, said U.S. Chamber President and CEO Tom Donohue. Speaking ahead of…
Featured Blog, Randel K. Johnson
Republicans, Democrats, & Independents Agree: Lawmakers Must Fund Cost Sharing Reductions
If the administration chooses to stop making cost sharing reduction (CSR) payments, we know what will happen: the costs of coverage will soar. The impact on premiums has been well documented by the Congressional Budget Office and the Kaiser Family Foundation. Now, we also know how registered voters feel about it. A recent poll demonstrates…
Featured Blog, Sean Hackbarth
Iowa Ag Producers Offer a Lesson Going into NAFTA Negotiations
With a pork processing plant under construction, residents of Eagle Grove, IA, see first-hand the jobs and economic growth trade can bring to a community, Politico reports: The plant represents an opportunity not many Midwest towns the size of Eagle Grove are afforded given today’s economic realities. [Mayor Sandy] McGrath said the plant will bring…
Featured Blog, US Chamber Staff
Celebrate, America and Canada, Your National Holidays and the Spirit of Trade
“Oh, say can you see” the benefits of trade. “O, Canada,” just look south. (Or the United States can glance north.) National anthem mash-ups aside, it is worth noting that the United States and Canada share much more than just the world’s longest and most productive border. They share core values and a love of freedom, a…