All posts tagged "Cato Institute"

Prominent liberal economists, from Robert Reich to New York Times columnist Paul Krugman, have been vehemently critical of presumptive 2024 GOP presidential nominee Donald Trump's tariff proposals. Trump is claiming that tariffs could be used to eliminate the United States' federal income tax, and Reich and Krugman are among the many economists who have been warning that if his proposals were implemented, they would, in effect, amount to a massive tax hike for low-income Americans.

But not all of the criticism is coming from the left.

In a biting article published by The Dispatch on June 19, libertarian Scott Lincicome — who serves as vice president of general economics and trade for the Cato Institute — lays out some major flaws of Trump's tariff proposals....

“High-risk.”

That’s how the U.S. Government Accountability Office — an internal watchdog for the federal government — has classified the nation’s security clearance vetting process for the past five years.

The latest report to Congress dropped amid several national security threats from current and former government employees this year alone: 21-year-old airman Jack Teixeira leaked defense documents on a gaming social media site; a jailed neo-Nazi Marine Corps vet allegedly saved classified materials on his computer; a former FBI analyst was sentenced to nearly four years in federal prison for retaining defense documents in her home....

The Cato Institute, a prominent conservative think tank with ties to the Koch brothers, released the letter its president, John Allison, sent in response to what he calls the "blatant violation of our First Amendment rights to freedom of speech and to petition the government for a redress of grievances" by Sen. Dick Durbin (D-Ill.). The "violation" takes the form of a letter sent by Durbin to individuals and organizations believed to have contributed to the American Legislative Exchange Council since 2005, the year in which ALEC developed model legislation based on Florida's controversial "Stand Your Ground" law.

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According to a post at The Washington Post's ThinkTanked blog, billionaire brothers Charles and David Koch are suing the Cato Institute, a libertarian think tank that was founded as the Charles Koch Institute in 1974.

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