Insights & Publications | US Policy Metrics

Phil Gramm and Thomas R. Saving-Janet Yellen’s Greatest Challenge

Every month that the Fed’s quantitative easing goes on, the exit strategy becomes more difficult and dangerous. By PHIL GRAMM and THOMAS R. SAVING With the Senate Banking Committee on Thursday approving Janet Yellen’s nomination to lead the Federal Reserve, her confirmation is virtually assured. Less certain is what Ms. Yellen ultimately intends to...

Cavuto-Phil Gramm: Find ObamaCare’s weakest link and go for that

Posted in: Financial Services, Fiscal Policy, Healthcare, Sectors | September 27, 2013

September 26, 2013 Former Sen. Phil Gramm, (R-Texas), on the debt ceiling debate and efforts to defund ObamaCare. Watch the video...

The Clinton-Era Roots of the Financial Crisis

Posted in: Financial Services, Housing Policy, Monetary Policy | August 13, 2013

Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages. By Phil Gramm and Mike Solon* Simply put, the financial crisis of 2008 was caused by a lot of banks making a lot of loans to a lot of people who either could not or...

Phil Gramm: A GOP Game Plan for Tax Reform

Posted in: Tax Policy | July 11, 2013

If the special deals that create crony capitalism are allowed to survive, Republican efforts will have failed. Thanks to the efforts of Democrat Sen. Max Baucus and Republican Rep. Dave Camp, Congress will take up tax reform this year. Before the debate begins, however, Republicans need to set out the...

Gramm and McMillin: The Debt Problem Hasn’t Vanished

Posted in: Financial Services, Fiscal Policy, Monetary Policy, Regulatory Policy, Tax Policy | May 22, 2013

While deficit projections have recently moderated, the cost of servicing the national debt will explode once interest rates begin to rise. A version of this article appeared May 22, 2013, on page A15 in the U.S. edition of The Wall Street Journal, with the headline: The Debt Problem Hasn’t Vanished....