Blog

State Rainy Day Funds

Large rainy day funds make states less reliant on federal bailouts, improve state credit ratings, and they strengthen the overall U.S. macroeconomy.

Blog

Pandemics and Presidential Power Grabs

So far, President Trump hasn’t pushed for major expansions of executive power to fight COVID-19; but he has used the crisis as cover for a power‐​grab of a different sort.