cato institute

An analysis by the Cato Institute, a U.S. think tank headquartered in Washington, D.C., reveals how the federal legalization of cannabis could significantly transform the U.S. federal budget landscape.  Authored by Alex Brill, Brian J. Miller and Stan Veuger, the research presents a detailed...

According to the U.S. Treasury's fiscal data, the country's total public debt hit $32.659 trillion on July 27, an increase of $392.75 billion compared to last month.  The Federal Reserve Bank of St. Louis said that the surge has brought America's quarterly interest payments on its...

A game-changing initiative is being played out in Florida's legal sphere. Smart & Safe Florida, with substantial backing from Florida-based Trulieve Cannabis Corp. (OTCEM: TRUL) (OTCQX: TCNNF) and supporters including the Cato Institute and Medical Marijuana Business Association of Florida...

According to an updated Congressional report, demand for illicit marijuana from Mexico continues to drop since cannabis is legal in the U.S. and Canada. Apparently, the international drug trade is shifting as the legalization movement expands. “Seizures of imported marijuana began to decline...

On Thursday, a Congressional committee will attempt to sort through the stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood, hedge fund Citadel Securities and stocks like GameStop Corp. (NYSE: GME) that recently experienced extreme surges in volatility. The House...

"For too long, our country has tolerated unacceptable delays and long wait times on the tarmac,” President Donald Trump said on Monday as he officially announced a plan to privatize air-traffic control. Trump’s plan notes: “America's growing aviation system demands a new...

As testimony continued in a manner one blogger described as a "remarkably slow cadence," incoming Federal Reserve Chairwoman, Janet Yellen, told Congress Tuesday that the central bank remains optimistic on the economy and was determined to retreat from its stimulus program slowly. In prepared...

Almost every year Congress allows a large number of tax credits and breaks to expire according to NPR. Then, following intense lobbying by various constituencies, some or all of them are restored. Whether your favorite tax credit or break is restored – that’s the roulette part. This year at...