Capitol Comments

CSG Midwest
The mix of electric power generation has changed dramatically over the past decade or so in much of the 11-state Midwest — more wind power and more natural gas plants, for example, and much less reliance on coal. Will the shift be even more dramatic in the years ahead?
That is the vision laid out in new legislative proposals this year in states such as Illinois and Minnesota, as well as in recent plans unveiled by some utility companies themselves.
CSG Midwest
After years of court cases, requests for proposals and bidding, work is underway for a new bridge at the busiest commercial crossing along the U.S.-Canada border. Approximately 7,000 trucks — carrying goods worth millions of dollars — already pass the border most days at Detroit and Windsor, Ont. All of these crossings are done now via the privately owned, 90-year-old Ambassador Bridge.
But with the scheduled opening of the Gordie Howe International Bridge in late 2024, a second option will be available for U.S. and Canadian firms.
The bridge (named after the Hall of Fame Canadian hockey player who starred for the Detroit Red Wings) will provide larger, modern ports of entry and customs facilities, while incorporating new technologies to speed up border screenings. And with two bridges up and running, the movement of commercial goods will not be as affected by accidents or other incidents at the Detroit-Windsor crossing.
CSG Midwest
From the pork products that come from Kansas to the soaps made in Ohio, the specter of retaliatory tariffs looms large among the Midwest’s economic sectors that rely on trade with Canada and Mexico. Many of the affected industry groups continued in early 2019 to try to get their voices heard among U.S. trade leaders.
One of their latest outreach efforts: A letter signed by a diverse group of more than 40 organizations — including the National Corn Growers Association, the U.S. Chamber of Commerce, the National Pork Producers Council and the Association of Equipment Manufacturers — urging a return to “zero-tariff North American trade.”
CSG Midwest
The U.S. Tax Cuts and Jobs Act, which became law in December 2017, included a $10,000 cap on the deductibility of state and local taxes from federal taxes, the so-called “SALT deduction.” Prior to the 2018 tax year, there was no cap on the deductibility of state and...
CSG Midwest
Following more than a year of negotiations, and many days when it seemed as though talks would fail, Canada, Mexico and the United States reached agreement on a trilateral trade pact on Sept. 30. The deal has a new name — the United States-Mexico-Canada Agreement, or USMCA — and some new provisions, but also is notable for what it keeps in place.
“About 70 percent is the same [as the North American Free Trade Agreement],” notes Chad Hart, an associate professor of economics at Iowa State University. “What this means is that the rules we have been playing under for the last 20-plus years have been reaffirmed, and this adds market certainty.”

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