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FreedomWorks today announced that Rep. Jody Hice (R-Ga.) signed the Pro-Growth Pledge. The pledge is a statement of principles showing the signer’s commitment to economic growth through fundamental tax reform, reductions in spending, regulatory reform, sound money, energy freedom, and patient-centered health care.
Recently, Speaker Paul Ryan (R-Wis.) gave a much-needed boost to efforts in the House of Representatives to pass criminal justice reform, telling NPR that he expected to have a package ready for votes in September. Once a subscriber to the purportedly “tough on crime” policies which characterized Congress’s approach to justice, Ryan changed his tone in recent years as he toured impoverished communities and learned of the stigma which comes with a criminal record.
FreedomWorks today announced that Rep. Mick Mulvaney (R-S.C.) signed the Pro-Growth Pledge. The pledge is a statement of principles showing the signer’s commitment to economic growth through fundamental tax reform, reductions in spending, regulatory reform, sound money, energy freedom, and patient-centered health care.
In the television drama, The West Wing, President Josiah Barlet, played by Martin Sheen, laments to his chief of staff, Leo McGarry, about the challenges of growing the economy. "Historically, 2 to 2.5 percent GDP expansion is classified lackluster even anemic economic growth," Bartlet said. "Four and a half to 5 percent is needed just to be considered robust and not even spectacular."
Have you ever heard of a school where students are given credit on a math test for an A on a history test? If that sounds preposterous to you, you may be surprised to hear that the Environmental Protection Agency (EPA) uses this logic when proposing new regulations. In the process of calculating the benefits of proposed regulation, the EPA also counts benefits from other regulations, essentially double counting benefits that are created elsewhere. With this slight-of-hand, EPA gives the false impression that the benefits of new regulations outweigh the costs. The bureaucrats at EPA then use this as propaganda to force through even more of their destructive regulation.
On August 22, the comment period closed on the Consumer Financial Protection Bureau’s (CFPB) new proposed rule seeking to outlaw arbitration agreements for consumer financial products. Leading the opposition to the unnecessary and overreaching rule, FreedomWorks Foundation generated nearly 15,000 responses opposed to the rule.