President-elect Trump and many members of Congress propose to spend a lot more on public investment. Where should that money be directed to get the highest return? Based on what evidence? Which spending on physical infrastructure pays off most over time—roads, airports, water systems? Which spending on education, child-health, and other similar programs is most likely to yield higher wages and faster productivity growth in the future?

On January 9, the Hutchins Center on Fiscal and Monetary Policy at Brookings investigated these and other questions about public investment in both physical infrastructure and human capital, beginning with keynote remarks from Larry Summers and a response from Harvard’s Ed Glaeser. The day’s events also included a discussion of practical and political challenges to directing investment spending to areas where the returns are likely to be greatest, as well as two new papers: one examining the evidence – or lack thereof – on the...

Marty Baron, former executive editor of the Washington Post and a Pulitzer Prize recipient, is writing a book on his newsroom leadership during the Trump administration, AP reports.

Why it matters: The book, titled “Collision of Power: Trump, Bezos, and The Washington Post," could offer rare personal reflections from Baron after he oversaw the Post's editorial transformation under Amazon founder Jeff Bezos — turning it from a regional paper into a national brand.

Because of the pandemic, only 200 guests – opposed to the traditional 1,600 people – will listen in-person. Security is also expected to increase since this speech comes about four months after the attack on the U.S. Capitol.

Included in President Joe Biden’s plan to fund an ambitious expansion in social spending, released Wednesday, is a call on Congress to abolish the preferential treatment given to a key method of compensation for private equity managers.

WASHINGTON—President Biden plans to lay out a $1.8 trillion proposal that includes new spending on child care, education and paid leave and extensions of some tax breaks, using a prime-time address Wednesday to pitch a package he says will benefit the U.S. economy and workers.

Speaking to a joint session of Congress just before his 100th day in office, Mr. Biden will detail his American Families Plan, which he would largely pay for by raising taxes on the wealthiest Americans. A senior administration official said the president’s goal is “to build a stronger economy that doesn’t leave anyone behind.”

A prime-time address to Congress presents an opportunity to connect to a massive audience. Mr. Biden has attended numerous such addresses, both as a U.S. senator and vice president, but this is his first as president. He will speak to a scaled-down crowd due to pandemic health restrictions, at a Capitol still under heavy security following the deadly storming of...

President Biden’s first address to a joint session of Congress will look different from past presidents’ because of the coronavirus pandemic. The speech will give him a chance to discuss his first 100 days and his legislative agenda before a prime-time audience.

President Joe Biden and his economic team are planning to forgo an expansion of the estate tax in the administration’s coming individual tax-hike proposals, according to people briefed on the plan.

I’m excited to announce that we are now accepting applications for a new Associate Editor at Lawfare. If you have ever thought to yourself, “I want to be Quinta Jurecic when I grow up,” this is your chance.

No, Quinta’s not going anywhere. We’re expanding. Over the last few months, Lawfare has seen an enormous increase both in our readership and in the volume of material we publish on the site. This growth necessitates staff growth.

This will be a highly demanding role. It's a research assistantship at Brookings. But it's a dual-hat role in which a significant amount of the position’s work involves being part of Lawfare’s editorial staff and helping with the care and feeding of the site's voracious appetite and assisting with the smooth functioning of the editorial process. As Quinta (and Cody Poplin before her) have shown, there is also a lot of great writing opportunity for the right person at what is a transitional moment in the site’s life.

The first results of the 2020 census are finally here, definitively showing that the 2010s saw the second-lowest population growth in the nation’s history. Among all 50 states, 37 grew more slowly in the 2010s than in the previous decade, and three states lost population—the largest number of such states since the 1980s. The constitutionally mandated reapportionment of members of Congress based on the 2020 census indicates a reallocation of seven seats across various states—most notably, the first-ever loss of a seat for California.

The president’s “American Families Plan,” which he will detail this week, will be offset in part by a tax enforcement effort that administration officials believe will raise $700 billion over a decade.

The H Street corridor got a streetcar. The Navy Yard got a Whole Foods. Southwest Washington got the Wharf, transforming a once-dowdy waterfront into a playground for live-music lovers and eaters of pricey seafood.

Overseas research and development conducted by U.S. multinational corporations has grown nearly four-fold in the last two decades, and much of that growth has been in developing economies. Britta Glennon, an assistant professor in the Wharton School of Business at the University of Pennsylvania, joins David Dollar in this episode to explain what’s behind this growth and which countries have become new hubs for R&D investments. Glennon and Dollar also discuss the national security implications of this trend and what it signals about the likelihood of any decoupling between the U.S. and China.

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