CENTERS for

September 2014

Jefferson Journal:  Ocean Drilling Makes Good Sense

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Jefferson Journal: Ocean Drilling Makes Good Sense — The economic benefits from drilling off Virginia's coast for natural gas and oil far exceed the cost of possible environmental impacts.  That's the conclusion of a new study by the Thomas Jefferson Institute for Public Policy and this commentary by Institute President Mike Thompson.  Read It Here!

September 2014

Jefferson Institute Leads Major Virginia Organizations in Call for Tax Reform

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Jefferson Institute Leads Major Virginia Organizations in Call for Tax Reform — The Thomas Jefferson Institute for Public Policy has led three other major Virginia organizations -- the Virginia Retail Federation, the National Federation of Independent Business, and the Virginia Manufacturers Association -- in calling on Governor McAuliffe and the General Assembly to reform Virginia's tax system in light of the $2.4 billion state budget shortfall.  Read the news release here!

September 2014

Virginia Off-shore Oil and Gas Production Would Create 32,000 jobs; $119 Million in New Tax Revenue

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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

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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!

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