Prior to the release of the U.S. Environmental Protection Agency’s (EPA) proposal regulating CO2 emissions from existing power plants, the Bipartisan Policy Center’s Energy Team released a summary of the top five things to look for in the rulemaking. Now that the proposal is out, we revisit our top five list and fill in the key details.
Roughly 44 percent of Americans say they are not prepared to meet emergency expenses. When asked if they could come up with $2,000 in 30 days, one-quarter of the people surveyed said that they were certain that they could not. An additional 19 percent responded that they would be forced to sell possessions, such as cars, furniture, or their homes, to do so.
Last week, Reps. Tom Cole (R-OK) and John K. Delaney (D-MD) introduced a bill that would create a bicameral, bipartisan commission tasked with producing recommendations to improve the long-term solvency of Social Security.
General Wojciech Jaruzelski, the Polish leader who passed away on May 25, 2014, was a paradox, a man torn between two worlds. He was the brutal enforcer of a totalitarian system and yet, eventually, tacitly consented to that system’s demise. But as a pivotal player in and witness to one of the most successful democratic transitions of the last quarter century, he also had a unique and still relevant perspective.
The future of European expansion is in question and, although the Ukrainian crisis has refocused attention on U.S.-European security cooperation, the transatlantic relationship has increasingly been marked by disagreements, including over: surveillance, free trade, security spending and sanctioning Russia.
Developed countries like the United States are aging rapidly, and many face population stagnation or decline. This “demographic transition” leaves fewer workers to power the economy and pay into social programs, even as the number of elderly retirees increases. Immigrants make the U.S. population younger and sustain healthy population growth, giving the United States a demographic and economic advantage. Over the coming decades, the United States is projected to have faster population growth and slower aging than other developed countries. Without immigrants, the United States would lose this demographic edge. When immigrant contributions to population growth are removed, the U.S. population is projected to stop growing in the 2040s.
On June 2, the U.S. Environmental Protection Agency is expected to propose a new regulation aimed at reducing CO2 emissions from existing power plants under Section 111(d) of the Clean Air Act. In preparation, we compiled questions you ought to be looking for.
The personal saving rate has been declining in this country for many years. Although the saving rate has jumped around, the long-term trend is clearly downward. The reasons for this long-term decline are difficult to pinpoint but likely include stagnant real incomes for many workers, rising standards of living and higher consumption, and a weaker dollar than in the past.
This week, former Secretary of the Treasury Timothy Geithner released his memoir Stress Test: Reflections on Financial Crises. Below is an interview between Secretary Geithner and Ezra Klein of Vox.
In a full-page advertisement in The Wall Street Journal, more than 60 national defense leaders called for Congress to, “reform the way it oversees homeland security, saying that the current system jeopardizes national security and leaves the nation vulnerable to cyber-attacks, bioterrorism, and other threats.”