In RealClear Policy, CEA President John C. Mozena and Mercatus Center Research Fellow Michael D. Farren explain how federal COVID relief for state budgets may end up creating a critical opportunity for economic development policy reform.
A decade ago, then-Vice President Biden was caught on a live microphone describing the Affordable Care Act’s passage as “a big f**king deal.” The same could be said about an 11th-hour addition to the American Rescue Plan Act (ARPA), which arguably imposes a ceasefire in the interstate corporate welfare war.