TCF fellow Harold Pollack authored a piece featured in Democracy Journal, which praises the already successful Affordable Care Act, and goes beyond to offer specific policy upgrades that could make the system even more of a win. He suggests:
1.) Allow employed parents greater access to the new marketplaces, and allow employers greater flexibility to offer—or not offer—health insurance coverage.
2.) Hire a new corps of 10,000 full-time federal enrollment assisters to help Americans enroll in Medicaid or the new marketplaces.
3.) Offer “public option” early Medicare coverage within health insurance marketplaces to people over 60.
Read Pollack's expanded explanation for his policy recommendations.
TCF fellow Halley Potter's report on how charter schools can foster diversity in schools was featured on the National Alliance for Public Charter Schools website. The report profile highlights how the autonomy of charter schools is a powerful tool for working around the segregation put in place by district lines.
The paper concludes that strong inter-district charter school policies include the ability to: draw students from multiple school districts; use a weighted lottery to promote student body diversity; provide transportation; and a mission to promote diversity and integration.
Read the NAPCS's profile of Halley's report.
In his latest article for CBSMoneywatch TCF fellow Mark Thoma describes how the Federal Reserve Board has a problem with communication strategies, specifically when it comes to telling companies and consumers when borrowing costs are likely to rise and at how fast.
However, if markets are fairly certain rates will go up based on Fed communications, and rates end up staying unchanged, that's a much bigger surprise than if investors knew the chance was 50-50.
The result is quite general, and the point is quite simple: If the Fed is split, say, 60 percent to 40 percent on a rate increase, markets will, on average, be less surprised the more precisely they know these chances. A false, unified front from the Fed is counterproductive.
Read Mark Thoma's CBSMoneywatch piece on Fed communications.
TCF education fellow Halley Potter was recently cited in a DNAInfo article that discusses the power of various charter school models, highlighting specifically the advantage of creating diverse student environments.
Mixing kids of different groups is not just an academic exercise but has real-world implications, Potter said. "Students attending integrated schools can help reduce racial prejudice."
Read the full article from DNAInfo.
Joe Nocera of the New York Times wrote about Donald Trump's latest tax plan that he announced Monday. Nocera spoke with TCF fellow Edward Kleinbard to get his thoughts on Trump's intentions to tax foreign profits earned by American companies. Kleinbard responded, saying:
His tax plan, at least, is not completely irrational. Then again, "a broken clock is right twice a day," as Edward Kleinbard, a law professor and tax expert at the University of Southern California's Gould School of Law, puts it.
Check out Nocera's article on Trump's policy platform
On Monday night, Republican primary presidental candidate Donald Trump announced his third installment of policy plans, this time in the form of a tax plan. Time magazine journalist Rana Foroohar outlines Trump's plan to reinvigorate profits from corporate America by taxing overseas profits. Despite Trump's hope that this increased return will be used to create additional jobs, many economists say it's not so simple. TCF's Edward Kleinbard responds:
The problem is that companies can easily get around such provisions by putting foreign dollars in an account labeled “business development” or some such and then using pre-existing U.S. funds to do the buybacks. “Money is fungible, and it’s very easy for multinational companies to find ways around these rules,” says USC law professor Edward Kleinbard.
Check out the Time article and learn about Trump's plan.
The Seventy Four printed an article that showcased students and parents from New York public schools P.S. 307 and P.S. 8 —which have radically different demographics. A rezoning plan has parents questioning the effects that merging the two schools will have on students. TCF fellow Halley Potter comments saying that the integration incited by the merging of the schools will be a plus for the students of both schools.
Potter says that this assumption is about deep-seated personal prejudices, yes, but it’s also about structural inequity. It is true that in many places schools with lots of poor students get the least qualified teachers, experience significant teacher turnover, and don’t receive an equitable share of resources.
Read the full article featuring Potter.
TCF senior fellow Patrick Radden Keefe spoke with Dorothy Wickenden of the New Yorker's political scene podcast about his recent article on the Lockerbie bombing.
In December, 1988, a bomb blew up Pan Am Flight 103 over Scotland. In this week’s issue of The New Yorker, Patrick Radden Keefe profiles Ken Dornstein, whose brother was on board, and whose decades-long investigation into the attack has turned up evidence implicating new Libyan conspirators. Patrick Radden Keefe joins Dorothy Wickenden to discuss the story and the history of Libyan terrorism against the U.S.
Listen to Keefe and Wickenden's conversation at the New Yorker.
For-profit colleges continue to be an issue by duping students into enrolling in higher education programs that do not offer a sufficient enough return for graduates to pay back their debt. TCF fellow Bob Shireman reports on the Corinthian Colleges case, which Governor Brown of California can help fix if he agrees to sign a bill that would provide a small amount of support for nonprofit legal assistance, and restore students' eligibility for state grant programs so that the students can start fresh.
"Rather than being tamed by the $6.5 million fine, Corinthian seemed to treat it as simply a cost of doing business, a launching pad for a new, bigger round of irresponsible behavior. Over the next three years the company's Heald, Wyotech, and Everest brands grew by 68 percent, adding the equivalent of UCLA's total enrollment to reach 113,818 students in 2010."
Read the full article from Huffington Post.
Russia's recent behavior has left the Pentagon calling for increased military spending, says TCF fellow Michael Cohen in the latest installment of his foreign policy column for World Politics Review.
Russia is not about to begin a conventional war with a NATO country. If it did, it would lose, and the consequences to Russia—not just militarily, but also economically and diplomatically—would be catastrophic. The Pentagon’s no-holds-barred effort to turn Russia into America’s next bogeyman is, in reality, a rather transparent attempt by the military, and particularly the Army, to make the case for its continued budgetary relevance in a post-Iraq, post-Afghanistan world.
Read more from Cohen at World Politics Review.