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Jan 14, 2025 | 
csis.org | Brookings Institution
The political crisis is ongoing in South Korea, with uncertainty heading into 2025 as the country works through the aftermath of a short-lived martial law, multiple impeachment motions, two impeached presidents, and a trial at the Constitutional Court within the next 180 days. Joining Mark Lippert to discuss this and more are Andrew Yeo from the Brookings Institution and Timothy W. Martin from The Wall Street Journal.
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Jan 8, 2025 | 
jamanetwork.com | Rachel Sachs |Richard Frank |Brookings Institution
Assessing the Effect of the Medicare Part D Redesign Since the creation of Medicare Part D in 2003, policymakers and experts have expressed concern about the design of its benefit structure, focusing on the significant costs incurred by many beneficiaries and the ways its payment structure limited Part D plans’ incentives to lower costs.
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Dec 7, 2024 | 
shotoe.com | Brookings Institution
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TikTok ban
Federal appeals court upholds rapidly approaching TikTok ban ...
The law Congress passed this year to force the Chinese parent company of social media giant TikTok to either sell the service or face a U.S. ban is constitutional, a panel of federal appeals judges ruled Friday.
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Nov 23, 2024 | 
fastbull.com | Brookings Institution
The United States ranks second after China in global greenhouse gas (GHG) emissions, accounting for 13.5% of the worldwide total, according to the World Resources Institute. During his first term, President Trump withdrew the U.S. from the Paris Agreement, a decision that President Biden reversed upon taking office.
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Nov 15, 2024 | 
fastbull.com | Brookings Institution |Goldman Sachs
The rise in geopolitical risk and mounting trade tensions should have a counterpart in financial deglobalization, as investors pull back from global trouble spots. Most obviously, if friendshoring is a material phenomenon, this should be reflected in foreign direct investment flows, with, for example, stronger flows to Mexico, while China should see weaker inflows or even outflows.
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Nov 15, 2024 | 
fastbull.com | Brookings Institution
Adopting a federal carbon price to reduce domestic greenhouse gas emissions has been an ongoing topic of American climate policy for decades. Thus far, the political hurdles have remained insurmountable, leaving the United States the lone G7 member without a national carbon tax or cap-and-trade system. Twelve states, however, continue to operate carbon cap-and-trade programs.
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Nov 14, 2024 | 
jamanetwork.com | Brookings Institution
Over the last decade, the influence of social conditions on household and public health has featured more prominently in health care practice and policy. Examples range from screening patients for social determinants of health (SDOH) or health-related social needs to several states using federal Medicaid Section 1115 waivers to tackle housing conditions for medically vulnerable populations. Yet, for several reasons, the pace of SDOH initiatives has been slower than many advocates expected.
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Nov 8, 2024 | 
fastbull.com | Brookings Institution |Goldman Sachs
At the end of 2025, the individual provisions of the Tax Cuts and Jobs Act of 2017 (TCJA) will expire unless Congress acts. Since the law’s passage, criticism has centered on how the law disproportionately reduced taxes for high-income households. Thus, there is good reason to think that any tax bill that addresses these provisions will have to grapple with the broader question of how best to tax high-income households. We address these issues in a new paper in Tax Notes and a short policy brief.
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Nov 2, 2024 | 
fastbull.com | Brookings Institution
The two youngest generations of Americans will continue to have an impact in the upcoming elections, just as they did in 2022. Aligned on values of freedom, opportunity, and inclusion, this generational cohort helped Democrats gain majority control of the U.S. Senate and limit what the experts said would be a “red wave” of Republican seats in the House of Representatives to a mere trickle.
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Nov 2, 2024 | 
fastbull.com | Brookings Institution |Goldman Sachs
Over 20 years ago, Guillermo Calvo and Carmen Reinhart coined the term “fear of floating” to describe reluctance in emerging markets (EM) to embrace freely floating exchange rates. Their work came in the wake of the Asian financial crisis, when many exchange rate pegs collapsed in explosive fashion, with large devaluations and financial turmoil weighing on growth in the years that followed.
