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The Abstract
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> Edited by Torie Ludwin, Arnold Ventures (AV)
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Hercules tackled 12 near-impossible labors to prove his worth, so consider it appropriate that a statue of the Greek demigod stood over the stage this week as John Arnold was asked about cleaning a modern-day Augean stable – the American health care system.
At an event organized by the Texas Business Hall of Fame at the palatial Old Parkland campus in Dallas, Arnold Ventures’ founder and co-chair was joined by Mark Cuban, former owner of the Dallas Mavericks and co-founder of Cost Plus Drugs, for a conversation about the challenges facing healthcare and potential solutions.
“It’s the largest industry in the United States – 18 percent of GDP – and it has almost every market failure you can imagine,” Arnold said.
During the panel, moderator Vivian Ho, chair in health economics at the Baker Institute for Public Policy, asked for John Arnold's policy solutions.
Read about his answer>
Read Dallas Innovates' coverage of the panel>
Listen to moderator Vivian Ho’s explanation of rising health care prices>
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Taxing the "Business Leagues"
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(Photo by Orlando Ramirez/Getty Images)
Special interest groups in Washington are rallying to protect tax loopholes that could help pay for extending the Tax Cuts and Jobs Act. Chief among them is the American Society of Association Executives, which formed the Community Impact Coalition, funded by membership fees up to $25,000. These groups, including the PGA Tour Inc. and the Breeders’ Cup, designated as 501(c)(6) “business leagues,” enjoy broad tax exemptions that shield most of their revenue, such as memberships and convention income, from taxation — even though they often resemble for-profit entities. As AV Tax and Fiscal Policy Fellow Scott Hodge writes in The Wall Street Journal (free link), applying the corporate tax rate to their business-like income could raise billions for the federal budget without harming legitimate charities.
Read his op-ed>
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Recognized by The Chronicle
of Philanthropy
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Informing America’s Policy Choices
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While lawmakers grapple with limited budgets and difficult tradeoffs, Arnold Ventures is supporting research to identify policies and programs that deliver the best bang for taxpayers' buck — and help make everyday families better off.
AV’s 2024 Building Evidence research grants are funding 14 groundbreaking studies across housing, education, and contraceptive access that will help policymakers make data-driven decisions.
Read more about our new grants> |
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Public Finance
- Richard Rubin of The Wall Street Journal breaks down the Senate's plan to extend the 2017 tax cuts using a current policy baseline, analyzing the potential risks of this budget gimmick. (free link)
- The New York Times explores how DOGE's cuts interact with various agencies and overall spending and identifies areas where cuts have yet to be made, including the Department of Defense. (free link)
- The House Budget Committee highlights the long-term consequences of growing national debt, warning of the risks to economic stability and future generations’ financial well-being.
Health Care
- The National Academy of Sciences, Engineering, and Medicine (NASEM)’s standing committee on primary care evaluates flaws in how the Centers for Medicare & Medicaid Services (CMS) values primary care services in the Medicare Physician Fee Schedule and offers recommendations to address conflicts of interest in the current process and the undervaluation of primary care services.
- Families USA describes how fee-for-service (FFS) payments fail to support high-quality primary care, instead outlining promising payment models that move toward population-based payments for primary care, such as through hybrid capitated payments or accountable care organizations (ACOs).
- The Georgetown University Center on Health Insurance Reforms (CHIR) writes about recent reports from the Senate Budget Committee and HHS that demonstrate a growing bipartisan commitment to increasing oversight of private equity’s (PE) involvement in health care. These reports add to the body of evidence showing PE’s impact on health care costs, quality, and access to care.
Criminal Justice
- In Maryland, 2 bipartisan bills that would reform the parole process for incarcerated people who are ill or who have served long prison sentences have passed out of committee and will now be read on the Senate floor, as reported in Maryland Matters.
- The Virginia Mercury reports on how Republican and Democratic legislators have come together to pass legislation that will allow formerly incarcerated people to earn credits towards reducing their probation terms. The bipartisan legislation, which aims to reduce recidivism in the state, will now head to the desk of Governor Youngkin to sign or veto.
Higher Education
- The American Enterprise Institute's Beth Akers releases a higher education policy playbook outlining key recommendations for the Trump administration, including the implementation of sector-neutral accountability measures, strengthening institutional oversight, and reforming the student loan system.
- Jason Delisle at the Urban Institute examines how to account for additional credentials in earnings data in his recent analysis, which highlights that many policies lack clarity on how to treat graduates who pursue subsequent degrees.
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- On Wednesday, March 12, from 11:30 a.m. to 6:00 p.m. at the Mayflower Hotel Washington, D.C., as part of the Association for Education and Finance Policy (AEFP) conference, the AV Evidence and Evaluation team will host an inaugural Innovation Day, bringing together researchers and policymakers to explore areas of common interest and potential new avenues of research.
- On Wednesday, March 26, AV and Stono Public Affairs will host a conference entitled "A Robust Dialogue on the Importance of Summer Youth Employment" in New Brunswick, New Jersey from 10 a.m. to 2 p.m. Click here to register.
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Dorian Pace saved 15 children from a burning school bus in Ohio. Read his story. |
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