The Exon-Florio Act of 1988, which permits the President to block foreign takeover of certain types of U.S. companies on national security grounds, has been in the news lately in connection with the proposed acquisition of six U.S. ports by Dubai Ports World.
Some useful background on that statute is provided by the Congressional Research Service in “The Exon-Florio National Security Test for Foreign Investment,” updated February 23, 2006.
The substance of the Pentagon’s notion of “defense transformation” and the spin surrounding it are considered in another newly-updated CRS report.
“Some observers are concerned that the Administration’s regular use of the term transformation has turned the concept of transformation into an empty slogan or buzz-phrase.”
“Other observers are concerned that the Administration has invoked the term transformation as an all-purpose rhetorical tool for justifying its various proposals for DOD, whether they relate to transformation or not, and for encouraging minimal debate on those proposals by tying the concept of transformation to the urgent need to fight the war on terrorism.”
See “Defense Transformation: Background and Oversight Issues for Congress,” updated February 17, 2006.
We won’t solve the cost-of-living crisis without improving the capacity of state public utility commissions to protect customers, find and implement new solutions to meet rising demand, and realign broken utility incentives.
Public service commissions should require utilities to quantify avoided healthcare costs, reduction in pollution exposure, and improvements in population health alongside traditional metrics.
California just took an important step toward making electric trucks more affordable and easier for businesses to buy.
In 2023 alone, more than 2,300 people died in the United States directly from extreme heat. Expanding access to residential air conditioning could reduce heat-attributable deaths and adult emergency department.