President Obama and many members of Congress sharply criticized the U.S. Supreme Court’s recent decision in Citizens United v. Federal Election Commission. Senator Charles Schumer and Rep. Chris Van Hollen have introduced a bill, the DISCLOSE Act, to circumvent Citizens United. DISCLOSE proposes extensive mandated disclosure of spending by businesses, labor unions, and nonprofit groups. It also prohibits speech by government contractors, TARP recipients, and U.S. companies with as little as 20 percent foreign ownership. Please join us for an expert discussion of the content and implications of DISCLOSE.
Featuring Dan Ikenson, Director, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Simon Lester, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; Daniel Pearson, Senior Fellow, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute; and Bill Watson, Policy Analyst, Herbert A. Stiefel Center for Trade Policy Studies, Cato Institute.
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In this issue of the Cato Journal, economists Geoffrey Black, D. Allen Dalton, Samia Islam, and Aaron Batteen offer one prominent example of allowing the market to work. Also in this issue, economists Jason E. Taylor and Jerry L. Taylor reexamine the relationship between marginal tax rates and U.S. growth, and Robert Krol looks at bias in CBO and OMB economic forecasts.
The 2008-2009 financial crisis and Great Recession have vastly increased the power and scope of the Federal Reserve, and radically changed the financial landscape. This new ebook examines those changes and considers how the links between money, markets, and government may evolve in the future.