A Universal EITC: Sharing the Gains from Economic Growth, Encouraging Work, and Supporting Families. Urban Institute. Leonard E. Burman. May 20, 2019
This report analyzes a straightforward mechanism to mitigate
middle-class wage stagnation: a wage tax credit of 100 percent of earnings up
to a maximum credit of $10,000, called a universal earned income tax credit.
The child tax credit would increase from $2,000 to $2,500 and be made fully
refundable. A broad-based, value-added tax of 11 percent would finance the new
credit. The proposal is highly progressive and would nearly end poverty for
families headed by a full-time worker. This report compares the proposal with
current law, analyzes its economic effects, compares it to alternative reform
options, and considers some complementary policy options. [Note: contains copyrighted material].
[PDF format, 48 pages].
Cybersecurity: Changing the Model. Atlantic Council. Franklin D. Kramer and Robert J. Butler. April 24, 2019
The current model of cybersecurity is outdated. Adversaries
continue to grow more sophisticated and outpace advancements in defense
technologies, processes, and education. As nation states enter into a new
period of great power competition, the deficiencies in current cybersecurity
practice, evidenced by the growing number of successful cyber-attacks from
Russia, China, North Korea, and others, pose a greater threat.
The need to update the cybersecurity model is clear. An
enhanced public-private model – based on coordinated, advanced protection and
resilience – is necessary to protect key critical infrastructure sectors. In
addition, enhanced action from the federal government, coupled with increased
formal cooperation with international allies, are necessary to ensure
comprehensive cybersecurity resilience. [Note: contains copyrighted
[PDF format, 28 pages].
How to Enable Electric Bus Adoption in Cities Worldwide. World Resources Institute. Xiangyi Li et al. May 2019
Electric buses could pioneer a new age of clean and
efficient urban transport and put cities on track towards sustainability.
However, electric bus adoption is not accelerating fast enough for the world to
meet transport-related global climate objectives and help limit global
temperature rise to below 2 degrees Celsius.
The aim of this report is to fill in knowledge gaps and
provide actionable guidance for transit agencies and bus operating entities to
help them overcome the most common and debilitating barriers to electric bus
adoption. It provides a step-by-step guidance to establish and achieve electric
bus adoption targets using concrete and diverse real-world experiences.
Transit agencies and bus operating entities are encouraged
to maximize electric bus adoption targets based on local conditions and to
develop a responsible strategy for implementation. They should be actively
involved in planning and analysis; be serious about piloting and testing
projects; and collaborate with city policymakers and other stakeholders to
accelerate a responsible adoption of electric buses. [Note: contains copyrighted material].
[PDF format, 68 pages].
Free Speech and the Regulation of Social Media Content. Congressional Research Service. Valerie C. Brannon. March 27, 2019
As the Supreme Court has recognized, social media sites like
Facebook and Twitter have become important venues for users to exercise free
speech rights protected under the First Amendment. Commentators and
legislators, however, have questioned whether these social media platforms are
living up to their reputation as digital public forums. Some have expressed
concern that these sites are not doing enough to counter violent or false
speech. At the same time, many argue that the platforms are unfairly banning
and restricting access to potentially valuable speech.
[PDF format, 46 pages].
Beyond Neoliberalism: Insights From Emerging Markets. Brookings Institution. Geoffrey Gertz and Homi Kharas. May 1, 2019
Across Western economies, the future of capitalism is
suddenly up for debate. Driven in part by the twin shocks of Brexit and the
election of Donald Trump, the prevailing neoliberal economic model—which
prioritized a light touch regulatory regime, minimal barriers to trade and
foreign investment, and overall a small role for the state in managing the
economy—is under attack from both the left and the right. Will neoliberalism be
displaced? And what will come next?
Around the world, meanwhile, emerging markets have been
grappling with similar questions for decades. Neoliberalism spread unevenly
across emerging markets, and likewise many of them have been moving beyond
neoliberalism for decades. These varied experiences provide valuable insights
into the strengths and weaknesses of neoliberalism and the future of economic
and political policymaking in a post-neoliberal world. If the Washington
Consensus mantra of “stabilize, privatize, and liberalize” has lost relevance
today, what—if anything—has taken its place? How are different countries reevaluating
the relative roles of states and markets in delivering economic development?
Are there new “models” that are generalizable and applicable across countries
and contexts? [Note: contains copyrighted material].
[PDF format, 109 pages].
Water Infrastructure Financing: History of EPA Appropriations. Congressional Research Service. Jonathan L. Ramseur, Mary Tiemann. Updated April 10, 2019
The principal federal program to aid municipal wastewater
treatment plant construction is authorized in the Clean Water Act (CWA).
Established as a grant program in 1972, it now capitalizes state loan programs
through the clean water state revolving loan fund (CWSRF) program. Since
FY1972, appropriations have totaled $98 billion. In 1996, Congress amended the Safe Drinking
Water Act (SDWA, P.L. 104-182) to authorize a similar state loan program for
drinking water to help systems finance projects needed to comply with drinking
water regulations and to protect public health. Since FY1997, appropriations
for the drinking water state revolving loan fund (DWSRF) program have totaled
$23 billion. The U.S. Environmental Protection Agency (EPA) administers both
SRF programs, which annually distribute funds to the states for implementation.
Funding amounts are specified in the State and Tribal Assistance Grants (STAG)
account of EPA annual appropriations acts. The combined appropriations for
wastewater and drinking water infrastructure assistance have represented
25%-32% of total funds appropriated to EPA in recent years.
[PDF format, 43 pages].
Growing Cities That Work For All: A Capability-Based Approach To Regional Economic Competitiveness. Brookings Institution. Marcela Escobari et al. May 21, 2019.
Although today’s U.S. labor market is strong and
unemployment is low, many working-age American remain marginalized. As
communities across the country grapple with the challenges of an ever-evolving
labor market, this report provides a framework for local leaders to grow good
jobs through industrial development strategies that are based on their regions’
unique capabilities. [Note: contains copyrighted
[PDF format, 52 pages].