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industries concluded that regulations can either inhibit innovation or encourage it depending upon how they are written Good rules tend to increase the amount of public information reduce uncertainty about...literature on environmental regulation and innovation arrives at similar conclusions about when and how regulation can actually spur companies to innovate faster Among these are that regulators need a sophisticated...should undergo some level of public cost benefit analysis in which the agency clearly explains why and how a rule will increase social welfare To the extent possible this analysis should be backed by quantitative...

amounts many new or very small businesses seek Seventy six percent of all businesses in the United States have average annual receipts less than 100 000 For minority owned and woman owned businesses that...recovery A recent study by the Federal Reserve Bank of Chicago using flow of funds data showed just how dramatic the shift has been From 1997 long before the Great Recession to 2015 community banks share...without the regulatory oversight and supervision applied to banks While I was at Treasury we studied how these new financial technology companies were changing the landscape for small business financing In...

highest incarceration rates in the nation driven in large part by the opioid epidemic which has affected my state particularly hard Consequently our corrections budget has exploded exponentially as has...regulatory relief and one of the first undertakings of the administration was the formulation and implementation of its Red Tape Reduction Initiative As part of this Initiative every Cabinet and agency within...organizations across Kentucky Several examples of the regulations that have been repealed or amended and how such effort affects Kentuckians include the following We have eliminated a regulation that required...

May and yet more evidence of the strong and stable job growth under President Biden JEC Resources How the Renewed Compacts of Free Association Support U S Economic National Security and Climate Goals EN...emissions Job growth in health care has been responsible for over half of all job gains in the United States over the last 12 months What to Watch This Week Tuesday June 4th House Energy and Commerce Committee...Committee Hearings to examine how climate is already challenging insurance markets at 10 00 am EDT Senate Judiciary Committee Hearings to examine strengthening United States economic leadership focusing...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...

estimating that flooding from overflowing rivers rising coastal waters or flash floods costs the United States between 179 8 and 496 billion each year in 2023 dollars Climate change increases the threat of these...these disasters in both inland and coastal communities Recent strings of deadly flooding years in states like Vermont California and Kentucky along with higher threats of future floods underscores the massive...of future rate cuts later this year JEC Resources Flooding Costs the United States Between 179 8 and 496 0 Billion Each Year How the Renewed Compacts of Free Association Support U S Economic National Security...

Credit in The First Year District Estimated Number of Kids Who Would Benefit From Expanded CTC ID 01 42000 ID 02 46000 State Total 88000 Source JEC estimates using data from the Center on Budget and Policy...For the state totals listed in each table and for states with only one district the tables above show the state estimates provided by CBPP For states with more than one Congressional District staff did...

Credit in The First Year District Estimated Number of Kids Who Would Benefit From Expanded CTC ID 01 42000 ID 02 46000 State Total 88000 Source JEC estimates using data from the Center on Budget and Policy...For the state totals listed in each table and for states with only one district the tables above show the state estimates provided by CBPP For states with more than one Congressional District staff did...

Business Growth is Booming Under Democrats Far Faster than Growth Under Trump Flooding Costs the United States Between 179 8 and 496 0 Billion Each Year Economic Indicators This Week Below are a series of economic...to employees in violation of California state law The Supreme Court s decision in Moore v United States last week ruling the TCJA s Mandatory Repatriation Tax constitutional included a concurring opinion...Year 2025 at 10 00 am EDT House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party From High Tech to Heavy Steel Combatting the PRC s Strategy to Dominate...

batteries are enough fuel to provide power for a person s entire lifetime The graphic below shows how one of these reactions produces energy without the same harmful pollution from burning fossil fuels...The Department of Energy DOE leads the distribution of government funding for fusion in the United States DOE funds and helps to validate a variety of different possible fusion energy technologies since...fusion materials issues issues navigating existing and possible future regulations and the issue of how to standardize future fusion technologies Fusion energy may also have trouble entering markets in this...