Reports & Briefings

Cutting federal investments in R&D may appear to save billions in the budget, but it could cost the economy trillions. In fact, ITIF estimates that cutting federal R&D by 20 percent would cost the U.S. economy up to almost $1.5 trillion compared with China’s growth pace.

Congress should reform and refocus the Universal Service Fund. It spends too much money, prioritizes the wrong problems, and funds it all with a high, sector-specific tax rate. Congress should reduce the overall size of the program and fund it with general revenue.

Beijing has provided significant support to its domestic polysilicon industry in a drive to establish Chinese firms as the dominant global suppliers of solar-grade polysilicon—and it wants its firms to expand their share of semiconductor-grade polysilicon.

Federal freight policy effectively incentivizes the most damaging and least efficient mode of freight transport—trucking—by underpricing access to public infrastructure. A restructured, mode-neutral cost system would encourage more efficient, safer, and environmentally sustainable freight transportation, better serving taxpayers, drivers, and the economy.

France has embarked on an ambitious program to build at least six new large nuclear reactors, applying lessons from recent overruns and delays. While success is far from guaranteed, there are important lessons for the United States as it seeks to jump-start its own nuclear sector through recent ambitious executive orders.

Digital services are the key to unlocking growth for small- and medium-sized enterprises in today’s economy. They help firms overcome financial constraints, close skills gaps, and boost productivity. Policymakers should incentivize SMEs to capitalize on those opportunities.

Chinese e-commerce platforms facilitate sales of counterfeit products, threatening U.S. intellectual property, fair competition, and consumer safety. Policymakers should take action to hold these platforms accountable and protect American consumers and businesses.

Obesity affects over 42 percent of U.S. adults, costing the nation more than $400 billion annually. Traditional weight-loss methods alone have proved to be insufficient in addressing this growing public health burden. But GLP-1 receptor agonists now offer the potential to profoundly transform obesity care. Public policies should support their wider adoption.

Insufficient, inequitable, and poorly incentivized tax structures are leading to counterproductive behaviors in the trucking industry that threaten the sustainability of the U.S. highway network. An axle-adjusted vehicle mileage traveled tax would address many of these inefficiencies and help address the shortfall to ensure the sustainability of the U.S. Interstate network.

Robots are the future. It is time for Congress and the administration to take a number of straightforward and affordable steps to boost U.S. robotics innovation and adoption.