Fiscal Policy Report Card on America’s Governors 2018

In the new “Fiscal Policy Report Card on America’s Governors,” Cato scholar Chris Edwards examines the tax and spending decisions made by U.S. governors since 2016. Governors who have cut taxes and spending the most receive the highest grades, while those who have increased taxes and spending the most receive the lowest grades. Only five governors were awarded an “A” in this latest report card — Susana Martinez of New Mexico, Henry McMaster of South Carolina, Doug Burgum of North Dakota, Paul LePage of Maine, and Greg Abbott of Texas.


Another Costly Farm Bill

If you thought that the congressional spending orgy would slow down after the bloated omnibus bill passed in March, you were wrong. Republicans are preparing to bring to the House floor a farm bill that will cost taxpayers at least $867 billion over 10 years. Says Cato scholar Chris Edwards, “The essence of the farm bill is a giant log roll. Much of the spending likely does not have majority support in Congress or among the public, so politicians mash together hand-outs to different groups in a broad farm-food omnibus.”

Budget Restraints That Work: Lessons from Chile, Switzerland, the United Kingdom, and the United States

Sustained budget deficits have seen debt held by the public explode from 32.6 percent of gross domestic product (GDP) in 2002 to 77 percent in 2016 — a level only previously seen following World War II. A new bulletin from Cato scholar Ryan Bourne examines the experience of the federal government, state governments, and three foreign countries (Chile, Switzerland, and the United Kingdom [UK]) with explicit fiscal rules. It draws on these case studies to outline 11 principles under which a fiscal rule is most likely to achieve sustained reductions in debt relative to GDP.

Cato Studies

Of Special Note

Jury Nullification – Now Available for Free Download

Jury Nullification

In America today, how independent can a jury be? How much power does a jury have to not only judge a defendant’s actions, but the merits of the law? What happens when jurors decide in criminal trials not to enforce the law or not to convict a defendant if they conclude it would be unjust? This classic book, originally published 15 years ago and now available for free reading and downloading, details the power of juries, and takes readers through the doctrine of jury independence, the law, and the practical and political implications of jury nullification.

Special! 10 Copies for $10

Cato Pocket Constitution

To encourage people everywhere to better understand and appreciate the principles of government that are set forth in America’s founding documents, the Cato Institute published this pocket-size edition.

Cato Book

The Tyranny of Silence

With the tragedies in Denmark and Paris, self-censorship in the face of intimidation and the nature of free speech are at the forefront of public debate. No one knows this debate better than Flemming Rose, the editor of the Danish newspaper that published the cartoons of the prophet Muhammad in 2005 that set off a global firestorm. In Tyranny of Silence, published by the Cato Institute, Rose offers a deeply personal look at attempts to limit free speech in a multireligious, culturally borderless world.

Get your copy today.

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