Commerce

The zero-sum administration’s corporate tax plan

BY PAUL H. KUPIEC Newly-elected administrations try to lay the groundwork for their legacy in the first 100-days in office. During their “honeymoon” period, they introduce landmark legislation and issue executive orders to address existential economic or national security concerns,

Commerce

Remote work: Will country roads really take you home?

BY BRENT ORRELL That’s the question raised by a new incentive program designed to draw workers freed from geography by remote-work options to live in the state of West Virginia. Ascend West Virginia is offering $12,000 and other perks as incentives to draw

Commerce

Does the US need a national paid leave law after the pandemic?

BY ANGELA RACHIDI When the coronavirus pandemic hit American shores in early 2020, questions emerged over how employers and employees would handle the anticipated need for workers to take time away for illness or to care for family members. Without a national paid leave law,

Commerce

New Senate plan would make pandemic unemployment benefits permanent

BY MATT WEIDINGER The Washington Post reports President Joe Biden’s next trillion-dollar spending plan “is expected to devote hundreds of billions of dollars to new programs,” including “$225 billion for child-care funding; $225 billion for paid family and medical leave; $200 billion

Commerce

Postal Service’s performance declined last year

BY KEVIN R. KOSAR Last week, the House Oversight and Government Reform Committee hauled Postmaster General Louis DeJoy before it and spent the better part of five and a half hours denouncing him. In part, majority Democrats were politicking — they rehashed

Commerce

FCC’s emergency broadband benefit attracts praise, criticism

BY DANIEL LYONS Last week, the Federal Communications Commission (FCC) adopted a report and order establishing the Emergency Broadband Benefit Program (EBB), a $3.2 billion program to help low-income families stay connected to the internet during the COVID-19 pandemic. The

Commerce

Romney floats ‘child allowance’ in reform of child tax credit

BY KYLE POMERLEAU Last month, Senator Mitt Romney introduced a proposal to enact a “child allowance,” a monthly payment to households with children. His proposal would be financed in part by repealing other child benefits, including the “Child and Dependent Care Tax

Commerce

Higgins presses for restaurant relief in next COVID package

Congressman Brian Higgins (NY-26) is pushing for federal grants for restaurants to be included in the first COVID emergency relief package approved by Congress under the new Biden Administration. In a letter to President-elect Biden, Higgins writes, “Restaurants are more than

Commerce

December’s jobs report and where we go from here

BY BRENT ORELL Last week, the Department of Labor released the final employment report of the Trump administration, and the news there, much like all the news these days, was not good. For months, I’ve written that the key to getting the economy

Commerce

How federal housing policies hurt borrowers of color

BY TOBIAS PETER The COVID-19 pandemic has revealed a distressing fact in the housing world: Federal home loan policies that promote risky lending in the name of providing “responsible, affordable mortgage credit access” for minority households are setting up minority

Commerce

Huawei ban disrupts supply chain for telecom components

BY BRONWYN HOWELL Since the US and other governments have effectively banned the use of Chinese (read Huawei, but also ZTE) equipment from future mobile communications networks, support for open radio access network (O-RAN) architecture has risen dramatically. The Federal Communications Commission