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[The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies](https://www.cato.org/policy-analysis/budgetary-cost-inflation-reduction-acts-energy-subsidies)
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By [Travis Fisher](https://www.cato.org/people/travis-fisher) and Joshua Loucks
The massive cash transfer from taxpayers to private firms under the guise of environmentalism creates an overwhelming and undue burden on taxpayers who continue to pay for fiscally irresponsible federal spending.
[Read the Article](https://www.cato.org/policy-analysis/budgetary-cost-inflation-reduction-acts-energy-subsidies)
[](https://www.cato.org/policy-analysis/budgetary-cost-inflation-reduction-acts-energy-subsidies)
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[](https://www.cato.org/commentary/things-everyone-should-know-about-trade-deficits)
Commentary
[Things Everyone Should Know about Trade Deficits](/commentary/things-everyone-should-know-about-trade-deficits)
----------------------------------------------------------------------------------------------------------------
By [Scott Lincicome](https://www.cato.org/people/scott-lincicome)
They don’t hurt jobs or growth, aren’t trade or economic scoreboards, and can’t be fixed by tariffs.
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[](https://www.cato.org/policy-analysis/terrorism-immigration-50-years-foreign-born-terrorism-us-soil-1975-2024)
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The federal government’s security resources should be allocated to the most efficient means of reducing the costs of terrorism.
[](https://www.cato.org/commentary/cdc-causes-patients-endure-needless-pain-suffering-kennedy-can-help)
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By [Jeffrey A. Singer](https://www.cato.org/people/jeffrey-singer) and Josh Bloom
An agency that takes on too many responsibilities can end up doing none of them well.
[](https://www.cato.org/blog/politically-motivated-deportations-mahmoud-khalil-test-case)
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By [Patrick G. Eddington](https://www.cato.org/people/patrick-g-eddington)
To date, federal officials have produced no documentary evidence that Khalil’s conduct has involved anything other than the political advocacy the nation’s highest court has said is First Amendment-protected speech.
[](https://www.cato.org/news-releases/cato-institute-awards-2025-milton-friedman-prize-advancing-liberty-charles-koch)
### [Cato Institute Awards 2025 Milton Friedman Prize to Charles Koch](https://www.cato.org/news-releases/cato-institute-awards-2025-milton-friedman-prize-advancing-liberty-charles-koch)
Charles Koch has long championed principles of human progress that characterize a free and open society, one of equal rights and mutual benefit where people are empowered to innovate, succeed, and realize their potential by creating value for others.
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