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Now showing items 11-18 of 18
Federal Entitlement Spending
(Private Enterprise Research Center, Texas A&M University, 2018-06-25)
Federal spending has hovered at around 20% of GDP for the past 50 years. Recent CBO reports forecast deficits averaging around 5% of GDP each year for the next 10 years, combined with rising federal spending continue to ...
A Neglected Aspect of Tax Reform: Improving the Efficiency of Tax Expenditures on Employer-Provided Health Insurance
(Private Enterprise Research Center, Texas A&M University, 2017-11-01)
The House recently passed the Tax Cuts and Jobs Act and the Senate now begins debate on its version of tax reform. Debate has centered on the tax reform's potential negative revenue effects and its disparate treatment of ...
Money and Banking When Reserves Pay Interest
(Private Enterprise Research Center, Texas A&M University, 2020-04-09)
The Federal Reserve’s decision in 2008 to begin paying interest on bank reserves, particularly excess reserves (the IOER), has changed the role of the banking system and the determination of the nation’s money supply. ...
Federal Liabilities: 2017 Update
(Private Enterprise Research Center, Texas A&M University, 2017-06-01)
The official federal liabilities of the United States federal government totaled $22.8 trillion as of September 30, 2016. They include the debt held by the public of $14.2 trillion, federal employees; accrued retirement ...
The Failed Federal Reserve Attempt to Get Back to the Past
(Private Enterprise Research Center, Texas A&M University, 2020-05-21)
The end result of the Federal Reserve’s response to the 2008 financial and the Great Recession was an unprecedented increase in assets. Between 2008 and 2014, Federal Reserve assets rose from just under $900 billion to ...
The Border Adjustment Tax and Corporate Tax Reform
(Private Enterprise Research Center, Texas A&M University, 2017-05-01)
Both House Republicans' 2016 tax plan and, more recently, President Trump's tax plan envision a rate cut for the corporate income tax (CIT): from the current 35% to 20% (the House plan) or 15% (the president's plan). To ...
The Federal Reserve and Interest Rates
(Private Enterprise Research Center, Texas A&M University, 2014-11-01)
Federal Liabilities: 2016 Update
(Private Enterprise Research Center, Texas A&M University, 2016-08-01)
The 2015 Financial Report of the United States Government (FRUSG) identifies total federal liabilities of $21.5 trillion as of September 30, 2015. The debt held by the public, $13.2 trillion, comprises 61% of these ...