How much economic growth is lost by excessive regulation? What are the costs of permit delays? How many jobs are lost due to red tape? Regulatory impediments can substantially hinder opportunities for private enterprise to invest and compete, thereby reducing economic output, impeding private investment, slowing job creation, and raising consumer prices. These hurdles contribute […]
Harvey and Irma are gone, leaving devastation in their wake. Jose is headed away from our east coast, and then there is Maria. These are just the latest crop of significant Atlantic storms. We go through watchful waiting for hurricanes every year. Sometimes it amounts to paranoia and sometimes they really are out to get […]
The hackers who attacked Equifax exposed vital personal identification data—including social security numbers, names, addresses and dates of birth—of potentially as many as 143 million Americans. Quickly after Equifax revealed the massive damage, advice to consumers started flowing, but this time, the advice was somewhat questionable. Authorities urged consumers to sign up for the free […]
There is wide agreement that access to health care is important for everyone. A large segment of the 325 million US population is covered by government health programs such as Medicare (55.5 million enrollees in 2015), Medicaid and CHIP (74.5 million in 2017), and Veterans Health (about 10 million in 2013). These government run health […]
Dear Chairman Crapo and Ranking Member Brown: I am writing to urge the Committee to include the bipartisan Flood Insurance Market Parity and Modernization Act in any reauthorization bill. This bill, which passed the House 419-0 last year and recently passed out of the House Financial Services Committee unanimously is needed to clarify that consumers […]
This op-ed, published in the Miami Herald and written by Alan Daley, discusses a costly trend that is pushing up Florida’s homeowner premiums — “assignment of benefits” contractor fraud. The piece can be read and printed at the Miami Herald — http://www.miamiherald.com/opinion/letters-to-the-editor/article161321238.html.
Alan Daley wrote an op-ed cautioning the development of tax reforms that needlessly tax some services, like reinsurance. Such taxes would needlessly raise consumer prices without offsetting or adjusting any international taxes. His piece can be read at the Naples Daily News. Use Caution in Tax Reform Tax reform could provide a much-needed boost to […]
As Congress and the new Administration work on the new federal budget, there will be a heavy focus on creating the right conditions for generating economic growth and protecting taxpayers. Achieving these goals will stand to produce positive ripple effects across critical domestic markets and affect overall consumer well-being. Two of the primary avenues Congress […]
Twelve groups — including the National Wildlife Federation, R-Street Institute, National Housing Conference and American Rivers — sent a letter to the Financial Services Committee urging support for various efforts to reform the National Flood Insurance Program, which is currently over $20 billion in debt. The letter is available online.
In a breathtaking display of economic arrogance, California is considering a health care program that would appoint the state as a single payer which offers health care coverage to everyone in the state – young, old, lawful resident or not. Presumably, the plan designers have worked overtime at including every imaginable health intervention, all at […]