Commentary
U.S. Steel, the world’s first billion-dollar company, is being sold for scrap. And Washington made it happen.
A pile of scrap steel lies on the ground from the dismantling of PacifiCorp's coal-fired Carbon Power Plant, in Helper, Utah, on Feb. 1, 2017. The 62-year-old plant was closed due to the high cost of coming into compliance with the Environmental Protection Agency's mercury-emissions rules. George Frey/Stringer/Getty Images
E.J. Antoni, PhD is the is the Acting Director for the Thomas A. Roe Institute for Economic Policy Studies and Grover M. Hermann Center for the Federal Budget, and Richard Aster Fellow at The Heritage Foundation.
