Tootfinder

House GOP fiscal hawks demand big changes to megabill
Members of the House Freedom Caucus were expected to meet with the president this morning.
Earlier, caucus chairman Andy Harris earlier told CNN:
"I’m still voting no on the rule. We have to get this thing right."
And Texas representative Chip Roy, among the most vocal critics of the Senate’s version of the bill,
said that he and many other conservatives remain opposed to the bill and still want maj…

Governance, productivity and economic development
Cuong Le Van (CNRS, PSE, CES), Ngoc-Sang Pham (EM Normandie), Thi Kim Cuong Pham (EconomiX), Binh Tran-Nam (RMIT)
https://arxiv.org/abs/2507.13099

Governance, productivity and economic development
This paper explores the interplay between transfer policies, R\&D, corruption, and economic development using a general equilibrium model with heterogeneous agents and a government. The government collects taxes, redistributes fiscal revenues, and undertakes public investment (in R\&D, infrastructure, etc.). Corruption is modeled as a fraction of tax revenues that is siphoned off and removed from the economy. We first establish the existence of a political-economic equilibrium. Then, using an a…