Health Care Resources
The Epidemic Preceding the Pandemic: Will Utah's Progress Hold?
Falling overdose death rates in natural and semi-synthetic opioids, which include most prescription opioids, led the Utah decline. In contrast, the overall U.S. drug overdose death rate is still rising, led by synthetic opioids like fentanyl.
The Epidemic Preceding the Pandemic: Opioid Overdoses Surge Again
Though a new year brings with it the hope for a better future, the COVID-19 pandemic inflicted incalculable pain and loss over the past year. That pain and loss came in a variety of forms, including a rise in drug overdoses. The opioid epidemic, already on a virulent upswing immediately prior to the...
U.S. Economy Makes a Comeback—4.1% Growth in Q2
The U.S. economy grew at an annualized rate of 4.1% in Q2—household spending was the largest contributor while business spending on capital continues to contribute strongly to economic growth. The chart shows that inflation-adjusted (real) GDP growth continued to accelerate in Q1 and Q2 over the las...
Fact Check: Yes, Data Show Workers’ Earnings Have Improved
Americans are enjoying greater benefits and total compensation thanks to the Tax Cuts and Jobs Act and streamlined regulation, and the data show it. A recent misleading graph showed wage growth in negative territory, but such arguments making that case often appear to be either inaccurate or incompl...
Chairman Paulsen talks trade, tax reform 2.0, and medical device tax repeal on Bloomberg Politics
On Wednesday, JEC Chairman Erik Paulsen talked with with Bloomberg's David Westin and Shery Ahn to discusses the outlook for U.S.-E.U. trade negotiations, the impact of tariffs on U.S. farmers and manufacturers, and the House's passage of Paulsen's bill to repeal Obamacare's harmful medical device t...
End of Days to Follow End of Cost Sharing Reduction Subsidies?
The Trump Administration announced that it would cease making Cost Sharing Reduction (CSR) subsidy payments to health insurers because it lacked the legal authority to continue them.
Weekly Economic Update: October 2 – October 6, 2017
The Chart of the Week shows the inverse relationship between tax changes and economic output. An exogenous tax increase equal to 1% of GDP lowers output to a maximum of just over 3% ten quarters later.
Four Takeaways from CBO’s Health Insurance Subsidy Report
On September 14, 2017, the Congressional Budget Office (CBO) released a report on federal subsidies for health insurance coverage for people under 65 years of age. CBO’s findings are insightful regarding the current state of health insurance in the United States; the federal government’s spending on...
Chair Tiberi Launches New Podcast
Joint Economic Committee Chairman Pat Tiberi (R-OH) today unveiled Main Street Economics, a first-ever podcast by committee Republicans. Participants will talk about ways to expand economic opportunity for American families.
How Obamacare Tax Hikes Hurt Low- and Middle-Income Americans
In spite of President Obama’s promise not to raise taxes on the middle class, Obamacare’s $1 trillion in tax hikes hurt those least able to afford the burden.
