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government to meet this crisis head on I m looking forward to hearing more from our witnesses today about how we can replicate policies that work and help create new approaches that will increase the quantity...

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...

Affordable Housing Achieving Housing Abundance through State and Local Land Use and Zoning Reform How to Overcome Government Regulatory Failures to Enable the Market to Increase the Supply of Affordable...of all levels of government from the implementation of restrictive zoning laws the introduction of discretionary reviews in planning and the rise of environmental laws and other regulations have made land...supply interventions is poor Just consider how public housing which is overseen and regulated by the Department of Housing and Urban Development HUD is crumbling Or how the Federal Housing Administration s FHA...

million in city funds to create 633 affordable rental units over the next few years Our industry knows how to increase housing supply but we cannot be successful without increasing federal resources and providing...governments to help implement these initiatives Another example is Colorado s Proposition 123 This voter referendum in 2022 established a 300 million dollar housing trust fund that provides more flexible...to support local land use reforms I urge you to consider pairing these practices to bolster our overall economy When we provide affordable housing we house our local workforce create jobs and stabilize...

1 United States Congress Joint Economic Committee Written testimony for hearing on Rebuilding the American Dream Policy Approaches to Increasing the Supply of Affordable Housing Jenny Schuetz January 17...than household incomes 1 Researchers estimate a shortage of nearly 4 million homes for the country overall 2 Regions with strong labor markets such as coastal California Greater Boston New York City and South...Spatial Misallocation American Economic Journal Macroeconomics 11 2 1 39 Jenny Schuetz 2022 Fixer Upper How to repair America s broken housing systems Brookings Institution Press 4 John Mondragon and Johannes...

Even considering state and local taxes U S tax revenues as a share of GDP are quite low The United States was ranked 32 out of 38 well off countries in terms of tax relative to GDP with only Switzerland...are adopting coordinated minimum taxation on the world s largest multinational companies the United States can undertake its own reforms without creating undue worry about the ability of U S headquartered...more than 110 jurisdictions the United States is in the bottom ten percent in terms of corporate tax revenue relative to the GDP despite the fact that the United States has a disproportionate share of the...

Policy Cato Institute before the Joint Economic Committee United States Congress March 12 2024 RE The Fiscal Situation of the United States 2 of 8 Chairman Heinrich Vice Chair Schweikert and Members of the...Emergency Spending Policy Analysis No 966 Cato Institute January 9 2024 5 of 8 could constrain the United States capacity to respond to future emergencies Alternatively bond market tightening in the face of an...projections 6 of 8 Over the yet longer term the Financial Report of the United States Government also known as the Financial Report details how U S taxpayers face over 73 trillion in long term unfunded obligations...

1 Joint Economic Committee Opening Remarks for Hearing The Fiscal Situation in the United States March 12 2024 Thank you Vice Chairman Schweikert And thank you and your staff for putting together this...basic sense our financial health is what allows us to invest in the people and places of these United States Last week I was proud to vote for the long overdue package of six appropriations bills that included...

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...Economic Committee The Fiscal Situation of the United States March 12 2024 Print Facebook Twitter Email A hearing before the U S Congress Joint Economic Committee will be held on Tuesday March 12 2024 at 2...Office Building Vice Chairman David Schweikert presiding Hearing The Fiscal Situation of the United States Chairman Martin Heinrich s opening statement can be found here Witnesses with testimony linked The...

you for the opportunity to testify today on the unsustainable fiscal situation facing the United States I have been a finance professor for more than twenty years at the University of Maryland since 2008...Economist at the America First Policy Institute working to identify and inform the American people on how we can address the economic challenges confronting our nation During my first week at Treasury the...essential to improving our fiscal situation growth effects must be accounted for when identifying how to make the budget sustainable Fiscal solutions that may look attractive under static modeling but...