The United States and Iran are on a collision course. Iran is closer to developing a nuclear weapon than at any point in the country’s history. Mixed messages from Washington and Tehran—coupled with rising pressure from hardliners on both sides—are complicating negotiations. Meanwhile, several flashpoints across the Middle East could set off a conflict. The prospects of American or Israeli military action against Tehran are growing, and the window for diplomacy is closing.

Though serious distrust remains between Washington and Tehran and tensions are high, a deal is possible. How the Trump administration chooses to proceed will have far-reaching ramifications.

Join us for a conversation with leading experts who will examine Trump’s options vis-à-vis Iran and the associated costs and benefits for each plan of action.

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When Congress passed the Inflation Reduction Act (IRA), it was told the new energy tax credits would cost about $270 billion over a decade. Revised official estimates put the cost at multiple times that amount. But congressional scorekeepers may still be getting the long-term cost of the IRA energy subsidies wrong. Recent Cato research quantifies the IRA’s fiscal time bomb, showing how its unchecked expansion of government spending with no clear end date could cost almost $5 trillion by 2050.

Join us for lunch and learn how the IRA’s calamitous environmental and fiscal effects present a rare opportunity for Congress to use these partisan subsidies to fund permanent, pro-growth tax reform in the upcoming reconciliation package.

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