As part of the #Eakinomics video series, the American Action Forum (@AAF) today released a new video examining a recent proposal by House Speaker Paul Ryan to expand the Earned Income Tax Credit (EITC) for childless adults. In the #Eakinomics video, AAF President Douglas Holtz-Eakin explains how this proposal would increase employment by 8.3 million for childless adults and provide $1.3 billion to individuals in poverty.
AAF Director of Financial Services Policy, Meghan Milloy, details new research from the American Action Forum (@AAF) examining how the Dodd-Frank Act is impacting consumers. Research finds that the Dodd-Frank Act has reduced revolving credit availability to consumers by 14.5 percent.
Research from the American Action Forum (@AAF) finds that the U.S. will have to spend an additional $38 to $45 billion annually in order to reach the goals set by the United Nations in Paris. This would be added onto the president’s already expensive Clean Power Plan. Combined, these regulations could reach $73 billion per year in costs. The benefits of this would be a global temperature decrease of less than 0.2 degrees.
Click here to read the full research.
As part of the #Eakinomics video series, the American Action Forum (@AAF) today released a new video that explains why the debt ceiling should be raised. In the #Eakinomics video, AAF President Douglas Holtz-Eakin describes the impact it would have on the U.S. Treasury market that underpins the world economy, as well as the limitation of running a deficit without an increase.
As part of its Policy in 60 Seconds video series, the American Action Forum today released a new video focusing on the fiduciary regulation and its impact on retirement savers. The regulation, issued by the Department of Labor, imposes new standards for financial advisers and a recent study by AAF found that it will ultimately hurt investors by forcing them to pay $1500 in duplicative fees per account.
American Action Forum’s director of defense analysis, Rachel Hoff, outlines how the nuclear deal with Iran would provide nearly $10 billion to finance terrorist organizations and the consequences of the Iran Deal. To read more about Iran’s military budget after the Nuclear Deal, click here.
As part of the #Eakinomics video series, the American Action Forum (@AAF) today released a new video that explains the economic and labor market ramifications of a minimum wage hike. In the #Eakinomics video, AAF President Douglas Holtz-Eakin explains how a minimum wage hike fails to help those in poverty and results in 6.6 million jobs lost.
House Budget Chairman Tom Price stopped by the American Action Forum to discuss “Big Ideas.” He discusses the budget, the administration’s deal with Iran and whether the administration gave away too much, and pushes back on the claims that the sharing economy is to blame for falling wages.
AAF’s Director of Fiscal Policy, Gordon Gray, explains the international tax proposal that will have huge ramifications for U.S. companies regardless of whether the United States agrees with the proposal. Through the plan on Base Erosion and Profit Shifting, the OECD member countries are hoping to capture a greater share of taxes.
American Action Forum's Director of Regulatory Policy, Sam Bakins, discusses what it means for the the Obama administration to hit 500 major regulations.