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My colleague, Matt Dickerson, points out that actual spending in fiscal year 2023 was $966 billion higher than what U.S. CBO projected it would be in 2023 when Biden first came into office. Meanwhile, the deficit was $727 billion higher. epicforamerica.org/press-releases…

As of March 31, 2023: States have reported spending $88.2 billion, or 45% of their awards. Localities have reported spending $47.9 billion, or 38% of their awards.

Add to the long and growing list of decarbonization projects killed by environmental groups.

It’s past time to rethink the tax code.

New rule from the Democratic governor of Pennsylvania: States agencies must issue permits quickly or refund application fees. “The Department of Environmental Protection, which decides when developers can break ground, has reduced its backlog for new permits by 41%.”

For those dishonestly using selected parts of my remarks from 1 month ago at Harvards Harvard Kennedy School to sensationalize, here they are in full…. I expressed my dismay that the Palestinian people have watched their leaders squander decades of Western aid on tunnels and weapons

U.S. Department of Labor U.S. Commerce Dept. U.S. Department of Transportation United For Infrastructure Accelerator For America Suzanne Clark Acting Secretary Julie Su Cecilia Rouse The Brookings Institution TTD | America's Transportation Unions Ron Nirenberg FedEx Business Roundtable FedEx Public Affairs "We've only executed 20% of the actual dollars in the IIJA," Rep. Garret Graves said at our United for Infrastructure event. "It's clear we have infrastructure urgency. But do we have a project development mechanism that responds to that urgency?"

Notwithstanding huge influx of highway dollars, real spending fell 17% from Q3 2021 to Q3 2023.

Congestion pricing looks like every other infrastructure project: 2007: mayor proposs; awarded fed grant 2008: plan finalized; city council approves 2008-17: stalled in legislature 2017: gov proposes 2019: legislature passes, due 2021 2020: delayed to 2022 2021: environmental

Biden floundered during the presidential debate against Trump, failing a key test to show voters he’s up for a second term. Here's what you need to know bloomberg.com/news/articles/… via Bloomberg Politics

Civil asset forfeiture, in which police can seize one's property without any criminal charges, places the onus on the individual to retrieve it only after significant time and expense, and allows police to use any proceeds to fund their own dept, is so counter to American values

Justice Neil Gorsuch has a new book out this week, “Over Ruled: The Human Toll of Too Much Law,” which notes that U.S. statutory law: * runs to 60,000 pages, * with another 188,000 pages of regulations, * which delineate 300,000 criminal sanctions, * while imposing on the

Two slightly galaxy-brain ESG stories today~ A business group for sustainable investors says Texas’s anti-ESG “blacklist” violates investment companies’ free speech. Plus, why asset managers are putting military contractors in their “sustainable” funds: on.ft.com/47fBcv7

...The city declined to answer basic questions about the program and its outcomes. I managed to reach one trainee who said the >$100mn green jobs program involved “sweeping buildings, mopping building floors, making sure the garbage is thrown out” prospect.org/environment/20…

“If you think about the market failures, healthcare has every one of them.” John Arnold, cofounder and co-chair at Arnold Ventures, spoke with Katie Couric about healthcare access at the #ForbesPhilanthropy Summit. trib.al/FWnNHQd

Great to see a Denver city councilman quoting an RCT of a basic income pilot meant to reduce homelessness that didnt work as justification for not making the program permanent. The final vote failed, 6-6. Avoiding things that dont work is as important as funding things that do.

The federal gov sent $721 billion to states/local govs in 2019. By 2023, it jumped to $1.1 trillion. State taxes haven’t been the majority of state general revenue since 2013. Federalism is breaking down as the federal gov funds more with strings attached. This is a problem.

“If we are serious about modernizing urban transportation and unleashing the full potential of our cities, #congestionpricing is not just a clever fix - it’s the only fix.” DJ Gribbin sheds light on how NYC's results speak for themselves tinyurl.com/9abueh2b

I thought I was done with real infrastructure spending but CBO just released new data this afternoon (1st time in years) & it confirms what is also shown by Census/DOT, BEA & OMB--real public investment fell from 2019 to 2023. (Exception is rail which is volatile & 1% of total.)

Like it or not, this is what healthcare in America looks like today. Great report sponsored by Arnold Ventures detailing the 2,694 subsidiaries of UnitedHealth. sunlightreportinsurance.com