In the wake of stock market bubbles hitting companies like GameStop and AMC Theatres, Congress is once again searching for “solutions.” Unsurprisingly, Congress’s solution—dubbed the Short Sale Transparency and Market Fairness Act—would increase regulatory burdens substantially, this time on investment fund managers, and, according to government regulators, would provide little beneficial information compared to existing reporting requirements.
In The Columbus Dispatch, Rea S. Hederman Jr., executive director of the Economic Research Center and vice president of policy at The Buckeye Institute, looks at the wins in Ohio’s recently passed budget, writing, “Ohio’s budget delivers strong victories, reducing and streamlining taxes, enhancing school choice, and expanding successful criminal justice reform. The fiscal belt should have been tightened and more fat could have been trimmed — moves that will be needed later for sustainability — but across-the-board tax cuts and smart policy reforms extend Ohio’s winning streak and give us all something to cheer.”
In the Akron Beacon Journal, The Buckeye Institute highlights the downside of government-owned and controlled internet broadband service. Greg R. Lawson, a research fellow at The Buckeye Institute, writes, “The Buckeye Institute has noted numerous examples, from more than a decade of research, of GONs offering services that are already available from private providers, failing to attract enough customers to achieve financial stability and opaquely channeling taxpayer dollars away from critical government services.”
In Crain’s Cleveland Business, The Buckeye Institute outlines why the decision to end participation in the Federal Pandemic Unemployment Compensation Program was the right decision for Ohio, with Logan Kolas, an economic policy analyst with the Economic Research Center at The Buckeye Institute, writing, “Ohio should prioritize policies and incentives that get Ohioans back to work and its businesses back to business as usual.”
Many state leaders frustrated with the slow pace of re‐employment have opted to quit offering enhanced unemployment benefits. Logan Kolas, economic policy analyst at The Buckeye Institute, joins Caleb O. Brown, host of the Cato Daily Podcast, to discuss what that means for Ohio and many other states.
In a new piece, The Buckeye Institute looks at the impact different types of taxes have on Ohio’s economy. Logan Kolas, an economic policy analyst with The Buckeye Institute’s Economic Research Center, writes, “The [Congressional Budget Office] has confirmed what we and other economists have explained time and again: Taxes—and how governments levy them—matter.”
In The Columbus Dispatch, The Buckeye Institute urges Ohio policymakers to reform Ohio’s broken cash bail system, which “allows cash bail to serve as an illegitimate proxy for public safety, allowing dangerous defendants to pay cash to offset their threat to public safety.” Andrew J. Geisler, a legal fellow at The Buckeye Institute, writes, “Policymakers can codify the Supreme Court’s presumption of release rule and take additional steps to ensure that state courts treat all defendants fairly in the pretrial decision.”
In a new piece, The Buckeye Institute looks at the impact of eviction moratoriums, writing, “[A] better policy would encourage voluntary forbearance and reductions rather than impose them by government fiat. Federal, state, and local governments should lift the eviction moratoriums and give emergency federal assistance a chance to help. If smaller landlords lose their rental properties, the long-term side-effects of well-intended fiat policies may prove worse than the disease.”
In a piece for the Thomas B. Fordham Institute’s Gadfly, Robert Alt, president and chief executive officer of The Buckeye Institute, urges the Ohio General Assembly to “take a student-first approach” to K-12 funding to “significantly improve education outcomes for students in every corner of the state,” writing that through education savings accounts “Ohio could help students at every income level, of every race, and in every neighborhood of the state pay for learning that is right for them.”
Ohio and 20 others are suing to challenge an unconstitutional poison pill in the COVID relief law. In The Wall Street Journal, Robert Alt, president and chief executive officer of The Buckeye Institute, writes, “Congressional Democrats last month quietly attempted one of the most sweeping takeovers of state policy making in American history. The ill-conceived American Rescue Plan Act offered states nearly $200 billion in emergency pandemic-relief funding. As is often the case with ‘free’ money, there was a catch.”