As the Biden administration confronts a difficult economic environment, experts at the Center for Public Finance highlight key policy levers Congress might use to stabilize the U.S. fiscal situation and propose three main dimensions on which fiscal policy proposals should be evaluated to ensure transparency.
Texas is the source of about one-quarter of all energy-related carbon dioxide (CO2) emissions in the US industrial sector and about one-eighth of all CO2 emissions from the US power generation sector, with a significant proportion of emissions in both sectors located near the gulf coast. As such, Texas has the opportunity to capture significant economies of scale in carbon capture.
Kenneth B. Medlock III, Keily MillerJanuary 27, 2021
Continued robust economic growth in the U.S. will, among many other things, require policies that encourage rapid technological innovation and increases in productivity, promote investment while reducing debt, and maximize economic efficiency. The authors explain why in this brief.
Through both engineered and natural carbon sinks, the U.S. is well-positioned to embark on a comprehensive national strategy aimed at decarbonization. This brief outlines a range of climate solutions and policy recommendations to address the challenges of greenhouse gas mitigation.
Kenneth B. Medlock III, Keily MillerJanuary 22, 2021
Experts from the Center for Energy Studies offer nine climate policy recommendations for the Biden administration and argue that a bipartisan legislative push could accelerate a move toward significant action on climate change.
Jim Krane, Kenneth B. Medlock III, Mark Finley, Michael D. MaherJanuary 20, 2021
What should businesses and investors know to successfully navigate Mexico's complicated economic, social and political landscape in 2021? The Center for the United States and Mexico answered this question at an exclusive virtual conference on possible government responses to Mexico’s myriad challenges. Download the supporting report, below.
Our current economic situation is not permanent, and laws should not be altered based on the idea that domestic shutdown will last forever. However, we should remain flexible as our economy recovers.
John W. Diamond, Autumn EngebretsonDecember 14, 2020
While recent headlines announce that President Biden's proposed budget will drive the national debt past WWII levels, fellow Jorge Barro explained in November 2020 that a projected surge will be very different from the 1940s.
The unemployment insurance (UI) system is facing a perfect storm of problems: the pandemic has led to a surge in jobless claims, which is severely straining state UI trusts that weren't fully prepared for a recession. This report reviews the UI system and potential measures to mitigate challenges current downturn.
Public finance fellow Joyce Beebe explores California’s tax voucher program, which, if implemented, would offer Californians the option of paying state taxes ahead of time at a discount, allowing the state to collect money up front to build an economic recovery fund. Baker Institute Blog: https://bit.ly/3f75eGm