Category Archives: Sectors

WSJ: The Federal Reserve’s Accountability Deficit

Posted in: Financial Services, Fiscal Policy, Monetary Policy | October 15, 2015 at 9:50 am , by mariel

Every member of the Fed’s Board of Governors is an Obama appointee. That wasn’t supposed to happen. By PHIL GRAMM And THOMAS R. SAVING Oct. 14, 2015 6:27 p.m. ET The Federal Reserve enjoys extraordinary independence from the elected branches of government, based on the well-founded fear that politicians cannot be trusted with...

WSJ: Dodd-Frank’s Nasty Double Whammy

Posted in: Financial Services, Fiscal Policy, Monetary Policy | July 27, 2015 at 10:23 am , by mariel

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The legislation has hit the banking industry hard, hurting the recovery. Worse is its effect on the rule of law. By PHIL GRAMM July 23, 2015 7:07 p.m. ET Five years after the passage of the Dodd-Frank financial law, the causes and effects of the failed economic recovery are apparent...

WSJ: A Simple Cure for ObamaCare: Freedom

Posted in: Healthcare | February 24, 2015 at 11:14 am , by mariel

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The GOP needs a politically defensible alternative if the Supreme Court overturns federal-exchange subsidies. By: PHIL GRAMM Feb. 23, 2015 6:26 p.m. ET On March 4 the Supreme Court will hear oral arguments in King v. Burwell, with a decision expected in late June. If the court strikes down the payment...

WSJ: How to Distort Income Inequality

Posted in: Financial Services, Fiscal Policy, Monetary Policy, Tax Policy | November 12, 2014 at 10:49 am , by mariel

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The Piketty-Saez data ignore changes in tax law and fail to count noncash compensation and Social Security benefits. By Phil Gramm And Michael Solon Nov. 11, 2014 6:50 p.m. ET What the hockey-stick portrayal of global temperatures did in bringing a sense of crisis to the issue of global warming...

A 2014 Health-Care Strategy: Freedom

Posted in: Fiscal Policy, Healthcare, Sectors, Uncategorized | July 25, 2014 at 9:38 am , by mariel

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ObamaCare repeal is out until 2017, but here’s an agenda to unite the GOP and offer Americans relief. By Phil Gramm Contradictory rulings this week by the D.C. and Fourth Circuit Courts of Appeals mean that ObamaCare will probably return to the Supreme Court. The crucial issue is whether the government can...

WSJ-Gramm and Wallison: Worse Than Fannie and Freddie

Posted in: Fiscal Policy, Housing Policy, Monetary Policy, Real Estate, Uncategorized | April 17, 2014 at 10:59 am , by mariel

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A bipartisan Senate housing reform would double down on the mistakes that led to the financial crisis. By Phil Gramm And Peter Wallison April 16, 2014 7:03 p.m. ET In this era of partisan gridlock, any legislative proposal with significant bipartisan sponsorship should be praised and supported if it simply...

Gramm and Solon: Suddenly, an Opening for Tax Reform

Posted in: Financial Services, Fiscal Policy, Monetary Policy, Tax Policy, Uncategorized | February 25, 2014 at 10:32 am , by mariel

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Senate Finance Chairman Ron Wyden now recognizes that a pro-growth tax reform can raise revenues. By Phil Gramm and Mike Solon A glimmer of hope for the economy and deficit reduction flashed from the Senate this past weekend when the new Senate Finance Committee Chairman, Ron Wyden, announced “a breakthrough”...

Cavuto-Phil Gramm: Find ObamaCare’s weakest link and go for that

Posted in: Financial Services, Fiscal Policy, Healthcare, Sectors | September 27, 2013 at 11:19 am , by mariel

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September 26, 2013 Former Sen. Phil Gramm, (R-Texas), on the debt ceiling debate and efforts to defund ObamaCare. Watch the video...

WSJ: The Clinton-Era Roots of the Financial Crisis

Posted in: Financial Services, Housing Policy, Monetary Policy | August 13, 2013 at 8:52 am , by mariel

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Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages. By Phil Gramm and Mike Solon Aug. 12, 2013 6:55 p.m. ET Simply put, the financial crisis of 2008 was caused by a lot of banks making a lot of loans to a lot of...

Gramm and McMillin: The Debt Problem Hasn’t Vanished

Posted in: Financial Services, Fiscal Policy, Monetary Policy, Regulatory Policy, Tax Policy | May 22, 2013 at 10:57 am , by mariel

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While deficit projections have recently moderated, the cost of servicing the national debt will explode once interest rates begin to rise. A version of this article appeared May 22, 2013, on page A15 in the U.S. edition of The Wall Street Journal, with the headline: The Debt Problem Hasn’t Vanished....