Tag: Subsidies

White House Wants to End EV Subsidies ASAP

White House economic adviser Larry Kudlow announced Monday that the Trump administration is seeking an end to federal subsidies on electric cars. Interestingly, the move appears to be related to General Motors’ plant closings and layoffs. The company’s restructuring plan hasn’t gone over well with policy makers or the American public, […]

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The budget reform America needs most? Government rate-setting for health care

Federal spending on health care as a share of the economy will double in three decades. As the chart above suggests, it is the exploding cost of health care (and the concomitant growth in interest payments on the national debt) that will unleash America’s future hemorrhage of red ink. Alongside raising tax revenue, dramatically slowing […]

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