Key Points The CPA Pro-Growth Model provides superior analysis of the impact of changes in trade and industrial policies and their impact on the U.S. economy. Tax credits for all U.S. manufacturing sectors would stimulate the economy, create 11.2 million new jobs, and increase real household income by 9.1%. Real GDP would grow by 6.3%.…
The November Currency Misalignment Monitor found dollar overvaluation rising further, to reach 16.8% against the basket of 33 other currencies included in our model.
In a speech to the Heritage Foundation, Presidential Candidate Ron DeSantis talks China policy for first time.
Tai is taking heat for a Biden administration decide to step aside on digital trade talks in the WTO. What was behind the decision and what’s being said about it.
WASHINGTON — The Coalition for a Prosperous America (CPA) today applauded the introduction of the Producing Incentives for Long-term Production of Lifesaving Supply of Medicines (PILLS) Act by Congresswoman Claudia Tenney (R-NY) which would incentivize the strategic reshoring of U.S. domestic production of generic medicines with a domestic production-based tax credit, domestic content bonus credit,…
The Defense Department sent its annual report on China’s military to Congress. It missed one key element: how China got there so fast in the first place. US capital and corporate offshoring helped fund it.
WASHINGTON — The Coalition for a Prosperous America (CPA) released the following statement after U.S. Representative Mike Johnson (R-LA) was selected as the 56th Speaker of the U.S. House of Representatives: “It’s clear from his days as Chairman of the Republican Study Committee that Congressman Johnson has a keen understanding of the threat posed by…
WASHINGTON — The Coalition for a Prosperous America (CPA) today welcomed news that Suniva, the U.S.’s oldest and largest solar cell manufacturer, will restart operations next year , in part as a result of tax credits and domestic content provisions in the Inflation Reduction Act (IRA), coupled with existing safeguard and enforcement mechanisms. CPA is…
Chinese solar manufacturers could take advantage of the Inflation Reduction Act’s tax credits by opening plants in the United States.
WASHINGTON — The Coalition for a Prosperous America’s (CPA) CEO, Michael Stumo, today testified before the House Homeland Security Subcommittee on Oversight, Investigations, and Accountability in a hearing titled, “Exploitation And Enforcement: Evaluating the Department of Homeland Security’s Efforts to Counter Uyghur Forced Labor.” Stumo’s testimony focused on the de minimis, an import loophole non-market…
