Recession is Two to Three Quarters Away
The economy is moving from growth to contraction, as Thursday’s 0.9% decline in GDP tells us. The debate over whether we are in a recession
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CPA Applauds Provisions in Reconciliation Bill to Boost U.S. Domestic Solar Manufacturing
WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement applauding a provision in the Inflation Reduction Act that would provide tax
Canada Supports Democrats’ Call for Effective Tariff Protection of North American Automobile Industry
In a surprise development last night, Senate Majority Leader Chuck Schumer (D, N.Y.) and Senator Joe Manchin (D, W.Va.), with support from President Biden, announced
U.S. Solar Sector Gets Huge Relief in Inflation Reduction Act of 2022
Solar tax credits will make up for some of the damage done to the Section 201 solar safeguards. But Congress beware: the U.S. can’t out-subsidize China.
Tax Provision in Reconciliation Bill would Limit Multinational Profit Shifting to Tax Havens
Yesterday, Senator Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) announced that they reached a deal on a reconciliation package that would change
What the CHIPS Act Really Means for U.S. Semiconductor Manufacturers
CPA chief economist Jeff Ferry says the CHIPS Act is needed to counter China’s rise in the semiconductor space, and that the R&D component of the bill needs to include guardrails so American academia isn’t beta-testing and researching new chips in partnership with Chinese universities and companies.
CPA Demands Restoration of CHIPS Act Provision Preventing Taxpayer Funded Research from Benefitting China
WASHINGTON — The Coalition for a Prosperous America (CPA) today criticized the Senate for passing the $250 billion CHIPS Act after removing an anti-China security
House Foreign Affairs Committee Talks China Export Controls, CHIPS Act
Commerce Department official tells House Foreign Affairs of the urgent need for the CHIPS Act, and says department is looking into more export controls on China.
CPA Economists to Testify to USITC on How Tariffs Grow the Economy and Protect National Security
WASHINGTON — This morning, two economists from the Coalition for a Prosperous America (CPA) will testify in a U.S. International Trade Commission (USITC) hearing on
The Importance of Tariffs on the U.S. Solar Market
U.S. market share in the solar industry has increased since solar tariffs were enacted.
