The Buffalo Chronicle
Washington
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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…
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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…
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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…
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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…
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When talking about the role of Social Security in the income of the elderly, it is important to get the data right
By Andrew G. Biggs and Mark J. Warshawsky The Wall Street Journal recently published an article reporting on the 2022 Social Security Cost of Living Adjustment that included a significant misstatement by the AARP.…
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Hochul may task Hillary Clinton to lead a trade mission to Haiti
Sources tell The Chronicle that Governor Kathy Hochul may task former Secretary of State Hillary Clinton to lead a trade mission to Haiti in the coming weeks. Hochul wants Clinton to negotiate the sale…
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If NDP wins a majority, Singh will formally recognize hereditary indigenous sovereigns
Jagmeet Singh, the Leader of the New Democratic Party, is promising to formally recognize the hereditary sovereigns of indigenous governments that pre-date colonial Canada, if he is given a majority government in…
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House earmarks requests: Why, what, and who?
BY KEVIN KOSAR and ZACHARY COURSER This year, after a 10-year moratorium, the majority leadership in the House of Representatives reinstituted the ability of members to submit federal funding requests for projects…
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After Mike Calvey’s flawed trial, who will invest in Russia?
BY ELISABETH BRAW Russian opposition activist Alexei Navalny’s trial and conviction in February this year were closely watched and condemned by a range of international organizations. Good. But a similarly important Russian…
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Trade deficit with China grows by $158 billion
BY DEREK SCISSORS Remember when our trade deficit with China mattered? Half-year figures for Sino-American goods trade were published Friday, but you’re in good company if you missed it. It’s hard for…
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Miriam Adelson wants to joint venture with Trump on a Vegas theme park
It’s been widely rumored in Republican circles that Miriam Adelson, the widow of the late billionaire casino tycoon Sheldon Adelson, wants to launch a joint venture with former President Donald Trump on…
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Schumer wants Tribes to use Old Senate Chamber, but Pelosi is slow to agree
At the urging of Tribal leaders from across the continent, United States Senate Majority Leader Charles Schumer is eager to allow Tribes full and permanent use of the Old Senate Chamber —…
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Pelosi ends Congress’s use of Air Marshals following criticism
A scandal-plagued “VIP” program that provided members of Congress with Federal Air Marshals (FAM) often yanked from high-risk fights has been canceled after Judicial Watch exposed it earlier this month. As a result, hundreds…
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Protecting IP in the Endless Frontier Act
BY DEREK SCISSORS The Endless Frontier Act is getting hard to follow. The April version, championed by Majority Leader Schumer, was 160 pages long. The version passed this week by the Senate Commerce Committee more…
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Finding ways to stop the endless cycle of cyberattacks
By Shane Tews The Colonial Pipeline ransomware attack was disruptive in numerous ways. It shuttered a pipeline that “delivers nearly half of the jet fuel and gasoline used on the Atlantic Coast,” and this past…
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GAO releases unused funds report
BY ELAINE McCUSKER The thought of canceled funding may immediately prompt concerns about management or inefficiency, but the findings in this week’s Government Accountability Office (GAO) report on unspent federal funding instead indicate…
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Melting diplomatic ice at Arctic Council meeting
BY ELISABETH BRAW Ordinarily, the Arctic is perceived as a sleepy region where nothing much happens. Well, this week something happened, and not just the continued climate change that is causing irreparable…
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Minsk’s shameful kidnapping of an opposition journalist
BY ELISABETH BRAW Yesterday brought the extremely odd news that a Ryanair flight between Athens and Vilnius, carrying much the usual Ryanair crowd, had been forced to land in the Belarusian capital…
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What’s next for the COVID-19 vaccine intellectual property waiver proposal?
BY MICHAEL ROSEN Earlier this month, the White House dropped an intellectual property bombshell, announcing that it was relaxing the Donald Trump administration’s opposition to suspending patent rights related to COVID-19 vaccines.…
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Ready or not: The state of America’s military
BY GARY J. SCHMITT The General Accounting Office (GAO) just released a report detailing “readiness” levels for the US military. Readiness is measured by each of the services with respect to a unit’s ability…
