iOS app Android app

Douglas Holtz-Eakin
GET UPDATES FROM Douglas Holtz-Eakin
 
Douglas Holtz-Eakin is president of the American Action Forum. Previously, he was former director of the Congressional Budget Office and former chief economist of the Council of Economic Advisers.

He has a distinguished record as an academic, strategist and policy advisor, including his recent role as a commissioner on the congressionally chartered Financial Crisis Inquiry Commission. In 2007-2008 he was director of domestic and economic policy for Sen. John McCain's presidential campaign. Previously, Holtz-Eakin was director of the Maurice R. Greenberg Center for Geoeconomic Studies and the Paul A. Volcker Chair in International Economics at the Council on Foreign Relations. Holtz-Eakin serves on the boards of the Tax Foundation, the National Economists Club and the Research Advisory Board of the Center for Economic Development.

Entries by Douglas Holtz-Eakin

What the Presidential Candidates Get Wrong About Drug Prices

(0) Comments | Posted January 27, 2016 | 11:09 AM

Presidential candidate and Art of the Deal author Donald Trump recently embraced the idea of having the government (presumably the Secretary of Health and Human Services (HHS)) negotiate drug prices in Medicare. He asserted that "doing so could save $300 billion per year" and that the...

Read Post

Why Progressives Cannot Do Tax Reform

(0) Comments | Posted January 11, 2016 | 8:58 AM

Commentators on both sides of the ideological spectrum concur that the federal tax code is too complex, too burdensome, inherently unfair, harms economic growth and reduces U.S. global competitiveness. The solution is broad-based (that is individual and corporation) income tax reform; generally defined to consist of broadening the tax base...

Read Post

Tax Policy Versus Tax Rates: A Look Inside the Republican Tax Reforms

(0) Comments | Posted December 16, 2015 | 1:59 PM

Too often discussion of tax reforms focuses only on the tax rates, especially the top tax rate. To some extent this stems from the left's intellectual framework: income is something the government controls in its entirety until it "gives" tax breaks to one constituency or another. But it also stems...

Read Post

The Need for Transparency and Consistency in the Designation Process Of Global Insurers

(0) Comments | Posted December 7, 2015 | 12:08 PM

The average American couldn't pick the Financial Stability Board (FSB) out of a lineup. But every fall this shadowy group of international regulators makes decisions that have a crucial impact on their lives. This year's announcement on November 3rd added Aegon, the Dutch financial conglomerate and parent of U.S. insurer...

Read Post

Rethinking Employer-Based Benefits

(2) Comments | Posted October 13, 2015 | 10:32 AM

Many Americans receive a long list of important benefits through their employers: life insurance, long-term disability insurance, accident and sickness insurance, dental/vision insurance, dependent care, flexible spending accounts, health insurance, legal assistance, free parking/parking subsidies, supplemental Medicare premiums, tuition reimbursement, and ... the list goes on.

In part, this is...

Read Post

The Government Funding Dilemma

(1) Comments | Posted September 21, 2015 | 7:57 PM

The U.S. has a budget problem. In very simple terms, unless there is a course correction over the next decade the debt and interest on that debt will spiral up to the point that the federal government will be borrowing simply to pay interest on previous borrowing. This is the...

Read Post

Progressives Against Prosperity

(0) Comments | Posted August 17, 2015 | 8:02 PM

Paul Krugman's column today in the New York Times, entitled "Republicans Against Retirement" is a masterpiece of obfuscation and innuendo. It asserts that any candidate in favor of addressing the sustainability of Social Security has been bought by big money waging an ideological war at the expense of...

Read Post

Dodd-Frank Turns Five

(0) Comments | Posted July 15, 2015 | 10:07 AM

The financial crisis of 2007-08 emanated from a complex set of domestic and global forces. But at its heart was the threatened and actual collapse of large financial institutions -- Bear Stearns, Lehmann Brothers, AIG, etc. -- and, especially, the large domestic banks. The Dodd-Frank Wall Street Reform...

Read Post

Rhetoric Versus Reality on Inequality

(8) Comments | Posted July 13, 2015 | 6:57 PM

Candidate Clinton's speech today was another progressive salvo regarding the importance of addressing income inequality; ostensibly through a higher minimum wage, banning innovative business models like Uber and AirBNB, being tougher on Wall Street, taxing carried interest, and a host of other progressive favorites. The speech on "middle class economics"...

Read Post

Hollowing Out the Middle Class

(8) Comments | Posted June 30, 2015 | 10:00 AM

The White House continues to demonstrate its inadequate strategy for growth and middle-class success with more regulations directly impacting the labor market. News reports are indicating that the administration will issue its long-awaited changes to federal overtime pay regulations this Thursday. The Department of Labor's (DOL's) new regulations...

Read Post

The Reality of Taxing Carried Interest

(0) Comments | Posted June 15, 2015 | 1:32 PM

Former Secretary of State Hillary Clinton launched her presidential bid saying, "While many of you are working multiple jobs to make ends meet, you see the top 25 hedge fund managers making more than all of America's kindergarten teachers combined. And, often paying a lower tax rate." Bashing...

Read Post

Is Dodd-Frank Really Under Attack?

(4) Comments | Posted May 21, 2015 | 7:25 AM

The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), which will turn 5 on July 21, is the sweeping regulatory response to the financial crisis and Great Recession. Recent news reports paint a picture of an assault on Dodd-Frank, whether in the guise of trade agreements or...

Read Post

Trade, Jobs, and the Politics of TPA

(0) Comments | Posted May 11, 2015 | 10:27 AM

Trade-promotion authority (TPA) is valuable tool for Congress to provide oversight and guidance to the Office of the United States Trade Representative as it negotiates trade agreements. In particular, it would permit the U.S. to negotiate effectively in the talks over the Trans-Pacific Partnership...

Read Post

Income Support Programs and Low-Wage Work

(2) Comments | Posted April 2, 2015 | 9:51 AM

"The starting salary for an employee at Walmart is below the poverty line. Now, the American government subsidizes Walmart to the tune of 7.8 billion dollars a year, by issuing food stamps to over one in ten of its workers. But here's the scary part. Fifteen percent of all food...
Read Post

The Future of Medicare

(4) Comments | Posted February 13, 2015 | 2:35 PM

Co-authored by Tara O'Neill

Seemingly forever, a debate has raged about Medicare reform -- not just about how to do it but about whether Medicare needs reforming at all. That debate should end. The latest Congressional Budget Office report indicates that despite the current (and likely temporary) slowdown...

Read Post

Going, Going...

(1) Comments | Posted January 28, 2015 | 2:11 PM

The Congressional Budget Office (CBO) just released the 2015 version of its Budget and Economic Outlook. This year's edition contained no real budget surprises: The federal budget remains on an unsustainable course driven by rising spending in mandatory (entitlement) programs despite rising revenues (including as a...

Read Post

Midnights and Medicare

(1) Comments | Posted December 8, 2014 | 10:24 AM

Co-authored by Brittany La Couture, AAF's Health Care Policy Analyst

It can be dangerous to put important life decisions on a clock. Medicare has proven that it is even worse to make decisions solely by the clock.

It costs more for a hospital to admit a patient...

Read Post

Innovation Is Not an "Extender"

(0) Comments | Posted November 25, 2014 | 2:38 PM

The end-of-year legislative rush is on, with Congress juggling Keystone XL, funding the government, internet access taxes, authorizing defense activities, terrorism risk insurance, and tax extenders - the roughly 50 tax provisions that expire and are extended annually for one year at a time. Among the extenders is the Research...

Read Post

Modernizing Medicare

(2) Comments | Posted November 6, 2014 | 12:24 PM

Modernizing Medicare is the most important domestic policy challenge facing the United States. Medicare is at the heart of the spending explosion built into the federal budget over the next decade, rising from $603 billion in 2014 to $1.04 trillion in 2024 -- a rise of 72 percent, or an...

Read Post

The U.S. Labor Market: Recovery?

(1) Comments | Posted October 16, 2014 | 10:03 AM

In the aftermath of the latest jobs report from the Labor Department, there is a disturbing tendency to declare the recovery a success. After all, the economy created 248,000 jobs in September and the unemployment rate fell to 5.9 percent. Fabulous. On top of that, the weak August number of...

Read Post