Costs of the Green New Deal

Costs of the Green New Deal

With the government reopened (at least for now), Speaker Nancy Pelosi is poised to begin advancing her party’s policy agenda. High on the list will be the loosely-defined Green New Deal, a federal spending program that will cost $2 trillion, $5.7 trillion, or more, and move the electric power sector to complete reliance on renewable energy sources.

Happy Birthday, FDA Tobacco Plan!

Happy Birthday, FDA Tobacco Plan!

Just over a year ago, the Food and Drug Administration (FDA) announced a bold new plan to reduce nicotine in cigarettes to non-addictive levels and encourage the development of non-combustible nicotine products. Key to the FDA’s approach is an acknowledgement of both the continuum of risks associated with various nicotine delivery mechanisms and the opportunity for innovative products to reduce the health risks associated with tobacco consumption

Supreme Court Ruling on Online Sales Tax Sets Level Playing Field

Supreme Court Ruling on Online Sales Tax Sets Level Playing Field

The Supreme Court’s 5-4 ruling in South Dakota v. Wayfair last weekempowers states to establish a level playing field for the taxation of goods sold by in-state and out-of-state sellers. The court overturned two precedents, dating back to 1967 and 1992, that imposed an artificial physical presence rule on state sales tax systems.