"A crisis is a terirlbe thing to waste.": Until some dramatic development galvanizes people to act, (big, new policy ideas) sit on the shelf.
- Even with huge federal budget deficits, bills for public facilities can be funded through a special "capital budget" as they are at the state level.
- Public infrastructure banks play an important role in creating capital budgets, but bills for these banks are not backed by adequate support.
- On Medicare/Medical vouchers: The lower the escalation factor for the voucher, the greater would be the incentives of premium support for medical care cost control.
(1) Congestion pricing
(2) Medicare vouchers
(3) Tax on carbon
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