Thomas Jefferson Institute for Public Policy

Chairman and President

Mike Thompson is the Chairman and President of the Thomas Jefferson Institute for Public Policy, Virginia’s premier independent public policy foundation. This column reflects his opinions and not necessarily those of the Thomas Jefferson Institute. He can be reached at info@thomasjeffersoninst.org.

Written by Mr. Michael W. Thompson

September 2014

Virginia Off-shore Oil and Gas Production Would Create 32,000 jobs; $119 Million in New Tax Revenue
Virginia Off-shore Oil and Gas Production Would Create 32,000 jobs; $119 Million in New Tax Revenue — Developing Virginia's off-shore gas and oil production would result in up to 32,000 new jobs and produce up to $526 million in royalty payments and $119 million in state and local tax revenue.  That's the conclusion of a new study released conducted by Dr. Timothy J. Considine, Distinguished Professor of Energy Economics at the University of Wyoming's School of Energy Resources, which looked at the financial impact of off-shore oil and gas production along the Atlantic seaborard.  A companion paper, written by Jefferson Institute chairmand and president Michael J. Thompson, used Considine's data to focus on Virginia's potential

Read the Virginia Study Here!

Read the Atlantic Regional Study Here!

September 2014

The Financial Health of Virginia's Hospitals
The Financial Health of Virginia's Hospitals — As Virginia's leaders debate and maneuver over the issue of expanding Medicaid, it is important to examine the financial health of the hospitals in our state, since hospitals are the largest single promoter of this proposed policy change.  The financial health of the hospitals has become an issue because the hospitals have weighted in on the Medicaid expansion debate, arguing they need these federal dollars to survive.  This report looks at the actual financial health of Virginia's hospitals as reported on the Virginia Information website for November of 2013.  The reader can decide for himself or herself if the hospitals need the "free federal money" offered by the proposed expansion of Medicaid by looking at the number in this report.  Read It Here!

June 2014

The Jefferson Journal:  When a Deal Isn't a Deal
The Jefferson Journal: When a Deal Isn't a Deal — Rarely, if ever, has the state budget been the vehicle to force a brand-new government program onto taxpayers.  Normally, a proposal to dramatically expand Medicaid would be debated separately where issues can be discussed, experts brought in, ideas batted about and a piece of legislation can be crafted that can be debated and voted on.  Holding education funding, county and city funding, transportation funding and all the rest hostage to Medicaid expansion seems to be a dangerous precedent that should not be taken.  (6/6/2014)  Read It Here!

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