Treasury Pretends Not to Know What a ‘Bailout’ Is

This article originally appeared in the Weekly Standard. Click here to read the full article. By Ike Brannon Following the reintroduction of the Puerto Rico debt legislation this week, it appears that the battle over how to restructure the insolvent island may soon be headed for a Congressional vote. The basic problems with previous approaches[…..]

BNA INSIGHTS: Can the Private Market Return to Home Lending?

This article originally appeared in Bloomberg Government. Click here to read the full article. By Ike Brannon and Mark Calabria When a family buys a home in the United States, they typically finance the purchase by obtaining a loan at a local bank or mortgage broker, which will take that 30-year promise of monthly payments[…..]

What We Do in Puerto Rico Sets a Precedent, Like it or Not

This article originally appeared in the Hill. Click here to read the full article. By Ike Brannon Republicans have approached the looming fiscal crisis in Puerto Rico with the goal of returning the island to solvency without costing taxpayers any money. Unfortunately, the plans being discussed by the House of Representatives of late will not[…..]

Puerto Rico Contagion Will Cost Taxpayers

This article originally appeared in Real Clear Markets. Click here to read the full article. By Ike Brannon Republicans have approached the looming fiscal crisis in Puerto Rico with the goal of returning the island to solvency without costing taxpayers any money. Unfortunately, the plans being discussed by the House of Representatives of late will[…..]