The Economy

The country may be struggling, but EPIC is optimistic about the future of the American economy because the American people are innovative and capable.

We’re working on policies to support families and strengthen our economy by reducing regulation, shrinking the Washington bureaucracy, and fostering opportunity.

April 24th, 2024
Publication

Recent changes by the Biden Administration have undermined economic analysis in regulatory review and the CRA. Congress should modernize OIRA’s role in review, reinforce the CRA, and assert its Article I authority through regulatory oversight.

March 19th, 2024
Resource
March 6th, 2024
Resource

EPIC’s experts are here to set the record straight on Bidenomics ahead of the State of the Union.

March 5th, 2024
Publication

This paper estimates that the federal government will begin running out of fiscal space, or its capacity to take on additional debt, within the next 15 years. To prevent a debt spiral, it will become necessary to implement a deficit reduction package that reduces the primary deficit by $2.1 trillion over the next 10 years.

January 24th, 2024
Resource
January 22nd, 2024
Blog

In a recent article, The Economist asks, “Why are Americans so gloomy about their great economy?” For reasons that seem to baffle the White House (which wants more credit for the good that is happening and the economy) and pundits, a wide swath of Americans are highly concerned about how far their standard of living […]

January 22nd, 2024
Blog

President Biden’s American Rescue Plan Act (ARPA) created a $350 billion program called the Coronavirus State and Local Fiscal Recovery Fund (SLFRF). A significant motivating factor for establishing the SLFRF was to replace “lost” state and local tax revenue based on the assumption that these governments experienced a shortfall during the COVID-19 pandemic. However, state […]

January 8th, 2024
Publication

This report finds that Affordable Connectivity Program (ACP) enrollment is associated with higher monthly charges for fixed broadband internet. Furthermore, the increase in prices is higher for lower-speed plans, suggesting that broadband service providers are marketing these plans to low-income households and capturing a larger portion of the subsidy.