Macroeconomics
Puerto Rico's Mortgage Market Unexpectedly Resilient After Storms
The housing market in Puerto Rico faced an extraordinary stress test when Hurricanes Irma and Maria struck in September 2017. GAO published a report on May...
Government Operations
Small Communities' Air Service Declines Despite Federal Support
A recent GAO report published in June 2026 documents a stark reality: nonhub airports, which serve smaller communities with 10,000 to 0.05 percent of the...
Legislation
Gas Tax Erosion Threatens Federal Highway Funding, CRS Says
Congress faces a growing revenue problem as fuel-efficient and electric vehicles erode the federal gas tax base, a Congressional Research Service report...
Macroeconomics
Eight Years of Escalating United States-China Trade War
U.S.-China tariffs have spiraled to levels not seen in decades, with the average American duty on Chinese goods reaching approximately 36.5 percent as of...
Legislation
Overtime Deduction Claims Far Exceed Eligible Workers
The deduction, created by the One Big, Beautiful Bill Act signed into law on July 4, 2025, allows workers to exclude certain overtime pay from taxable...
Government Operations
Small Business Program Funding Fight: Congress vs. Administration
A recent Congressional Research Service report on the Small Business Development Centers program exposes a fundamental tension between Congress and the...
Commerce
Tank Trailer Coalition Lobbies on Tariff Bills
Brownstein Hyatt Farber Schreck LLP was registered as the lobbying firm for American Tank Trailers Manufacturing Coalition on August 14, 2026, on Tariff Bills.
Legislation
Thousands of Wind & Solar Projects Lost Tax Credits
A recent CRS report details the mechanics of a federal tax incentive that shapes renewable energy investment decisions across the country. The Production...
Macroeconomics
Section 301 Becomes Primary Tariff Tool Post-Court Setback
A recent CRS report on Section 301 of the Trade Act of 1974 reveals how the second Trump Administration is reshaping a trade tool into an expansive tariff...
Macroeconomics
U.S. Declines To Renew USMCA And Imposes Mexico Tariffs
A recent CRS report on U.S.-Mexico trade relations arrives at a critical juncture. Mexico is now the top U.S. trading partner in goods and services, with...
Legislation
Section 45X Credit Costs $20.1 Billion Through 2029
A recent CRS report on Section 45X Advanced Manufacturing Credit reveals a production subsidy that has reshaped clean energy investment but leaves critical...
Finance
Federal Tax Code Leave 37% of Married Couples Paying More in Taxes
A recent CRS report on marriage penalties and bonuses in the federal tax code reveals a fundamental tension: the income tax system cannot simultaneously...
Macroeconomics
U.S.-China Trade Fight Tests Limits of Presidential Tariff Power
A recent CRS report updated August 14 examines escalating trade tensions between the U.S. and China, tracking tariff rates that have swung wildly over the...
Macroeconomics
IRS Processes 98% of Tax Returns Despite Staffing and Tech Strains
The Internal Revenue Service processed nearly all tax returns during the 2026 filing season, but the path to that outcome exposed deepening operational...
Macroeconomics
U.S.-China Trade and Investment Decline Despite Push for Stability
U.S.-China trade relations are fracturing under a new policy approach that shifts away from years of explicitly naming Beijing as a strategic competitor,...
Macroeconomics
CHIPS Act Funds 40 Fab Projects, Faces 2026 Deadline
A recent Congressional Research Service report examines the implementation of the CHIPS Act and its progress toward revitalizing domestic semiconductor...
Macroeconomics
Digital Asset Tax Advocacy Hires Firm for Tax Lobbying
Digital Asset Tax Advocacy registered with Resonant Tax Strategies LLP in August to lobby on taxation and Internal Revenue Code matters. The move signals...
