Federal legislation to legalize, regulate, and tax cannabis could have significant impacts on the federal budget. While the specific details of any potential cannabis legalization legislation are unknown at present, such reforms are likely to affect both tax receipts and federal outlays through...

The burden of illicit drug use and terrorism has become a significant health and social problem in many developing countries. Illicit drug use and terrorism have negatively affected the economy and development of some nations because the death rate due to these two phenomena is increasing daily,...

From its inception, the Federal Reserve has operated payment systems that let banks move money for their customers. Checks, wire transfers, and electronic consumer payments all happen thanks to the Federal Reserve. Congress by statute specified which banks get access to the Fed’s payment...

Background: To help ensure roadway safety, the federal government mandates trucking companies to conduct pre-employment urine drug tests before allowing drivers to operate a commer- cial motor vehicle. Unfortunately, urine testing has a short detection window and is easily thwarted, leading some...