Do You Want Reagan’s Economy or Obama’s?

The CBO failed to predict the tax-reform boom of the 1980s and the weak recovery in recent years. By Phil Gramm and Michael Solon The best way to gauge America’s capacity to reignite economic growth through tax reform is to move beyond congressional economic models and look to the empirical...
Read more

How ‘Border Adjustment’ Poisons Tax Reform

The House’s 20% import fee is political industrial policy that will convulse the economy. Better to follow the 1986 model. By Phil Gramm The goal of tax reform is to collect revenues while reducing the distorting influence that taxes impose on economic efficiency and growth. The 1986 tax reform stripped...
Read more

Replace ObamaCare, Don’t Rename It

Trying to cure all the program’s ills will only make them worse—and the GOP will get the blame. By PHIL GRAMM Updated Feb. 2, 2017  So powerful is the political appeal of entitlement programs that modern democracies routinely choose bankruptcy over curtailing them. That’s even true of ObamaCare. Despite surging...
Read more

Preserve the Filibuster—Then Overcome It

The Senate’s 60-vote threshold is a bulwark of freedom. Instead of nuking it, the GOP should defund Obama’s agenda. By PHIL GRAMM and MICHAEL SOLON Jan. 6, 2017  American voters responded to President Obama’s failed recovery and government overreach by giving Republicans control of the White House, Senate and House....
Read more
Page 1 of 1212345...10...Last »