The Department of Transportation (DOT) is proposing new rules that would allow it to fund exceedingly wasteful rail transit projects that do nothing to relieve congestion. While the existing rules require transit agencies to demonstrate that proposed new rail lines are at least minimally cost effective, the proposed rules focus instead on such vague criteria as “livability” and “environmental justice.”
Downsizing Blog
Should the Small Business Administration be Abolished?
That’s the question being debated at the Wall Street Journal’s website. Representing the pro-abolition position is Cato adjunct scholar Veronique de Rugy. Veronique and I wrote an essay for Downsizing Government that makes the case for terminating the Small Business Administration.
Reforming the Army Corps of Engineers
At Downsizing Government, we have published an essay on the Army Corps of Engineers.
What Policymakers Can Learn from Canada's Corporate Tax Cuts
President Obama and most members of Congress agree that the U.S. corporate tax rate should be cut. Thankfully, it is finally sinking in that having a 40 percent corporate tax rate when the world average is just 23 percent is suicide in a globalized economy.
CBO Perpetuates Small Business Administration Myth
A new brief from the Congressional Budget Office discusses the role of small businesses in the economy and how they’re affected by federal policy. The CBO cites the Small Business Administration as one example of how federal policy favors small businesses over larger businesses:
Santorum’s Tunnel and Federal Transportation Policy
If, like me, you’re a Pennsylvanian who wants a smaller federal government, you’ve probably been scratching your head at Rick Santorum’s success in the Republican primaries. An article in today’s Washington Times on the former Pennsylvania senator’s lack of popularity in the Keystone State is instructive.
Recalculating Romney’s Four Percent Gimmick
My new piece at ForeignPolicy.com on Ron Paul and the Republican Party focuses on the strong support that Paul draws from young people, with some additional speculation about where those young people will end up, if and when Paul steps back from his very public role.
Corporate Welfare: A Bipartisan Love Story
I have previously discussed how multiple levels of government work together to provide businesses with taxpayer money (see here and here). And while Republican policymakers have enjoyed making political hay out of the Obama’s administration’s Solyndra problem, the truth is that both parties are willing partners in the corporate welfare racket.
Turning Taxpayer Money into Wine
Today’s example of how the federal government has become too darn big is the U.S. Department of Agriculture’s Value-Added Marketing Grant program. This (relatively) little slice of corporate welfare will hand out approximately $56 million in taxpayer dollars this year to “producers of agricultural commodities” who can use the money “for planning activities and for working capital for marketing value-added agricultural products.”
The Pentagon Budget: Myth vs. Reality
Over the past few weeks, a number of pernicious myths have popped up regarding the Pentagon’s budget. Here I want to dispel these myths with an exhaustive, and exhausting, look at the details. The charts below, compiled with my colleague Charles Zakaib, should help.