Whatever Source Derived

Is the Low-Income Housing Tax Credit “Keeping Cities Segregated”?

The front page of the New York Times this morning features a full-frontal assault on the low-income housing tax credit, the largest federal subsidy for the development of affordable housing. The charge against the…

Accepting a Ted Cruz Compromise on High-Risk Pools Would Be…High Risk

While events are moving very quickly, it looks as though an important piece of any revised Republican Senate health care bill will be some version of a “high-risk pool.” High-risk pools have been in the mix for…

The Continuous Coverage Penalties Are Totally Constitutional

Brian and I have been jousting on Twitter about the constitutionality of the continuous coverage penalties in the House and Senate repeal-and-replace bills. We thought we’d joust here instead. (This is the friendly sort of…

The AHCA (&/or BCRA) Is Unconstitutional

Republican Senators appear to have forgotten their own success. Provisions of the bills to “repeal and replace” the Affordable Care Act offered by House and Senate Republican leadership both include a “continuous coverage” provision. These rules would require…

More Impressions About Patent Exhaustion

[This post was co-authored with Lisa Larrimore Ouellette and cross-posted at Written Description.]

As we explained last week, the full impact of the Supreme Court’s decision in Impression Products v. Lexmark will depend on whether…

Want to Tax Health Benefits? Better Keep Those Exchanges Healthy

Rumors are flying this week in Washington about a possible rough draft for the Senate’s health-care “reform” bill. One surprising item is the possibility that the bill would impose a tax on the receipt of health…

Licensing in the Shadow of Impression Products (with Lisa Larrimore Ouellette)

[This post was co-authored with Lisa Larrimore Ouellette and cross-posted at Written Description.]

Why Hasn’t Rod Rosenstein Recused Himself From the Russiagate Probe?

Deputy Attorney General Rod Rosenstein should recuse himself from the probe into the Trump campaign’s ties to Russia and the President’s apparent attempt to obstruct the FBI’s inquiry. Rosenstein himself played a…

Puerto Rico is a Prisoner of the U.S. Monetary Union

Imagine that you are Greek. (If you have a taste for fine beverages, you might perhaps imagine you are this fellow). When your economy slows or crashes, you have no resort to traditional monetary policy tools to prop it up. Many of the…