White House

The House reconciliation bill’s 3 percent surtax has a broader base than the regular income tax

By Alan D. Viard The budget reconciliation bill recently assembled by the House Budget Committee includes numerous tax increases on high-income households. One novel provision (section 138206) calls for a new 3 percent surtax on adjusted gross income (AGI) in excess of

National Headlines

Facebook’s First Amendment rights complicate Section 230 debate

By Daniel Lyons Last week, House Democrats introduced another bill designed to alter social media companies’ business practices — this time by punishing “personalized algorithms.” This is the latest in a yearlong bipartisan assault on Section 230 of the Communications Decency Act, the

Foreign Policy

A fraught linkage: US-China trade, US-EU tech

By Claude Barfield Over the past weeks, the Joe Biden administration has pursued two geographic bookends of US foreign economic and strategic policy — namely the first public statement of US trade and investment policy toward China and the convening of the US-EU Trade

China

The Biden administration’s new (old) China trade policy

By Claude Barfield On Monday, US Trade Representative Katherine Tai gave a speech at the Center for Strategic and International Studies laying out “the starting point of [the] administration’s strategic vision for realigning our trade policies towards China.” Tai, a savvy, adroit

Foreign Policy

Australia stands alone again in social media content rulings

By Bronwyn Howell In February, Australia led the world with its competition-based law requiring Facebook and Google to reach a compensation agreement with media firms regarding the use of copyrighted news material on social media. While the ensuing stoush resulted in Facebook

National Headlines

California state schools lead the way on free speech

BY SAMUEL J. ABRAMS Californians rightly pride themselves in leading the nation in numerous areas, from their stewardship of the environment, to embracing diversity and multiculturalism, to their media and technology sectors. They should be equally gratified by their unique state

Technology

Jamie Beard discusses the potential of geothermal energy

By James Pethokoukis and Jamie Beard Is the future of clean energy right beneath our feet? By tapping into the infrastructure and expertise of the oil and gas industry, geothermal energy could deliver a scalable fossil fuel alternative. On a

Commerce

For private digital currency, insist on openness

By Jim Harper Last week, the Digital Dollar Project (DDP) highlighted the challenges involved in producing a central bank digital currency (CBDC) that will preserve important values such as privacy. Every CBDC effort we have found gives privacy protection short shrift even

Feature 1

Tribes encourage Rep. Sharice Davids to run for Speaker of the House

Tribal governments, enterprises, and political operatives from indigenous communities across the United States and Canada are encouraging Sharice Davids, a Democrat representing Kansas’ third congressional district, to run for Speaker of the House of Representatives following Nancy Pelosi‘s planned retirement