‘Drill, Baby, Drill’ Is Working

Well, so much for the vaunted renewable energy "transition" to save the planet. This was always a fable. We get 80% of our energy from fossil fuels, and with Donald Trump now in the White House, that ratio is rising, not falling. A Reuters headline from recent days tells the real story: "US crude ...

How to Make Sure the US Dominates 21st-Century Telecommunications

Trump's announcement and executive order to ensure that the U.S. dominates the artificial intelligence revolution was a welcome America First policy directive. That mostly means keeping the government out of the way. But an equally vital industry for our economic and national security interests ...

Desperately Seeking a Pro-Growth Democrat

The most recent Wall Street Journal political poll shows that Democrats have swerved into a deep ditch. Only three of 10 voters have a positive opinion of the Democratic Party, and that is the lowest this number has been for Democrats since Bill Clinton's first term in office. Republicans aren't ...

The End of Immortality in Washington

Over the last several decades, you could count on your fingers (and maybe a few toes) the number of government programs that have been canceled -- no matter how obsolete, inefficient or wasteful they were, and despite the fact that, in some rare cases, their missions were accomplished. Even ...

Trump Should Index the Capital Gains Tax for Inflation

President Donald Trump should follow up on his historic "big, beautiful" tax bill with an extra booster shot for the economy by immediately indexing the capital gains taxes for inflation. There is a reasonable chance he can do this without having to go through Congress. And our sources in the ...

The Biggest Conservative Victory in 30 Years

Everyone knows that the "big, beautiful" tax bill signed into law on the Fourth of July lowers tax burdens for families and businesses. It also averts a $4 trillion tax increase starting next year. That's enough reason to heartily celebrate. But what isn't well known is that this new law doesn't ...

For America to Win the AI Race, Keep Government’s Hands Off

At the birth of the internet age in the early 1990s, the U.S. and Europe took opposite approaches to advancing this new economy-changing technology. Europe tried the approach of industrial policy: They allowed government to regulate, subsidize and then tax the swarm of new tech companies that ...

Congress Should Just Say No to a Remittance Tax

The House-passed "big, beautiful" tax bill is a tremendous achievement and a giant sparkplug for growth. The bill extends all the Trump tax cuts of 2017, thus heading off a $4 trillion tax INCREASE next year. It expands health savings accounts, includes expensing of major capital and research ...

Why the CBO Almost Always Gets It Wrong

These days it seems that a mysterious group called "the CBO" rules the world, or at least Washington, D.C. Unfortunately, it's not very good at predicting things, and its bad calls can lead to bad policy results. The Congressional Budget Office and the Joint Committee on Taxation predict what ...

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