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WASHINGTON, D.C. -- In response to the report that the U.S. economy added 263,000 jobs in the month of April, 2019, John Tamny, FreedomWorks Director of the Center for Economic Freedom (CEF), commented:
In his State of the Union address one week ago today, President Donald Trump touted the widespread successes of tax reform legislation as well as his impressive rollback of regulatory burdens. FreedomWorks applauds those successes, and encourages Congress to advance further successes of the president’s agenda, as presented in his speech.
“By stripping away needless and costly regulation in favor of marketplace forces wherever possible, this act will help assure a strong and healthy future for our Nation's railroads and the men and women who work for them.” – President Jimmy Carter”
Many states have been discussing ways to pay for road funding. Now, there are two ways to make something affordable. One way is to increase revenue and the other way is to drive down costs. It has been suggested to take a look at replacing the gas tax to be able to afford road funding since the revenue brought in by the gas tax is on the decline while road coasts are increasing.
Earlier this year, Gov. Eric Holcomb (R-Ind.) signed legislation to raise the state gas tax of Indiana in order to increase road funding. The move had major support from the leadership of the state Republican Party with Indiana House Speaker Brian Bosma saying “It’s a program that’s responsive, comprehensive, sustainable, and it’s for the next generation.” It seems interesting then that Gov. Holcomb promised to take Indiana to the “next level” since this seems like a step back.
China has been in the American political discourse quite a bit. Most recently, President Trump spent last year’s campaign saying “(China’s) killing us” economically. As has been the argument among many for awhile, China is outperforming the US with a faster growing economy and a high trade deficit with the US. Indeed, the prediction of the day when China beats the US as THE world superpower has been a belief for quite some time now. Of course, like with many things, the common wisdom that China is on the rise is wrong as mismanagement and corruption have actually started slowing down the Chinese economy which will eventually snuff its predicted superpower status before it ever happens.
Back in early 2015 oil and gas company Conoco-Phillips requested a permit from the Obama administration to launch an oil drilling project in Alaska. The energy project, called the Greater Moose’s Tooth Development, is located within the National Petroleum Reserve and would create thousands of jobs in an economically depressed area of the state. The project has the full approval of the local community, and poses little threat to the environment in a sparsely populated region.
FreedomWorks is proud to announce that our Bill of the Month for September 2016 is S.1541, the Transportation Empowerment Act introduced by Sen. Mike Lee (R-Utah), and its House counterpart, H.R. 2716 introduced by Rep. Ron DeSantis (R-Fla). These bills respect the principles of federalism, would cut the federal gas tax, and reduce bureaucracy. Talk about making freedom work.