Beware the Baseline Manipulator

Beware the Baseline Manipulator

Over at the Daily Caller, JD Foster recently took aim at an article I wrote about the impending expiration of major provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) on December 31, 2025.

Patent Thicket Déjà Vu

Patent Thicket Déjà Vu

Tuesday’s Senate Judiciary Committee hearing on drug competition was largely as expected: Committee members voiced support for legislative reforms to address features of the current patent system that result in abuses that excessively limit competition.

Will Congress Finally Act on Patent Thickets?

Will Congress Finally Act on Patent Thickets?

In 2019, the Committee moved legislation to prevent brand drug companies from amassing superfluous patents around their products—a strategy that, as we’ve written before, is uniquely problematic in the United States.

Pension Smoothing – The Budget Gimmick That Will Not Die

Pension Smoothing – The Budget Gimmick That Will Not Die

The bipartisan infrastructure bill approved by the Senate on August 10 includes a number of budget gimmicks that help make it look fully “paid for.” One of the gimmicks is pension smoothing, which allows private companies to make smaller contributions to their defined-benefit pension plans, thereby endangering the plans’ financial viability over time.