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A Miserable Monday Morning
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Press Release

A Miserable Monday Morning

At 7:30 AM on the Monday morning after Thanksgiving, most of us were still shaking off the long holiday weekend. In New York City, they were busy passing a massive tax increase.

12/04/2002
Making Sense of Legal Nonsense
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Press Release

Making Sense of Legal Nonsense

Our legal system is a cornerstone of our economy. Yet in recent years, the courts have been used in ways that drive up costs for consumers while rewarding irresponsibility. The direct cost of the U.S. tort system is over $180 billion annually—roughly 1.8 percent of the nation’s output. That is two and one-half times greater than other industrial nations. These estimates are conservative and do not include the substantial indirect costs of excessive litigation, such as “defensive medicine,” or the foregone benefits of products and services no longer available or never produced due to fear of lawsuits.

12/04/2002
Riley Names Toby Roth to be Chief of Staff
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Riley Names Toby Roth to be Chief of Staff

Gov.-elect Bob Riley made the first major appointment to his administration Wednesday, naming former Business Council of Alabama official Toby Roth to be his chief of staff. Roth, 34, of Montgomery, was the director of Riley's campaign for governor and previously was vice president for advancement for the BCA. As chief of staff, Roth will direct the day-to-day actions of Riley's cabinet and staff. "Toby has proven to be one of the most capable, dependable and talented individuals that I've had the opportunity to work with, and the people of Alabama will benefit greatly from his service to the state," Riley said. Roth said he would expect a high level of professionalism and ethical behavior from everyone who works for the Riley administration. He said he would give cabinet members and staff room to work, but would expect results. "In general, I am not a micro-manager. I am for putting competent people in place with loose oversight, but manage by getting results," Roth said. A graduate of the University of Alabama and the College of William and Mary School of Law, Roth was the first director of the Alabama chapter of Citizens for a Sound Economy, a conservative consumer advocacy group.

12/04/2002
Five Easy Pieces of Federal Tax Reform
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Press Release

Five Easy Pieces of Federal Tax Reform

© 2002 Copley News Service, 12/3/2002 I wasn't going to write about taxes for a second week in a row, but then I read Treasury Secretary Paul O'Neill's interview with The Financial Times, which troubled me in light of several other recent signals indicating that the Treasury may be heading in what I consider to be the wrong direction on tax reform.

12/03/2002
Will House Democrats Allow History to Repeat Itself?
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Press Release

Will House Democrats Allow History to Repeat Itself?

When asked to identify the most salient leftward shift of the modern Democratic party, today’s political historians may cite the nomination of George McGovern as its presidential candidate in 1972. Come January 7, 2003, this assessment may change if, as expected, Nancy Pelosi is elected by recorded public vote as the Minority Leader of the U.S. House of Representatives.

12/03/2002
Will House Democrats Allow History to Repeat Itself?
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Press Release

Will House Democrats Allow History to Repeat Itself?

When asked to identify the most salient leftward shift of the modern Democratic party, today’s political historians may cite the nomination of George McGovern as its presidential candidate in 1972. Come January 7, 2003, this assessment may change if, as expected, Nancy Pelosi is elected by recorded public vote as the Minority Leader of the U.S. House of Representatives.

12/03/2002
Caging the Cardinals
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Press Release

Caging the Cardinals

Heeding the President’s wish for fiscal discipline, this week leaders of the House of Representatives announced a change in the way things are done in their chamber of Congress. House leaders have finally decided to reign in the free-spending “Cardinals” of the House Appropriations Committee. Mostly unknown outside of Washington Beltway, these “Cardinals” control the flow of hundreds of billions of dollars, which makes them some of the most powerful men in America.

12/03/2002
Make the Tax Cuts Permanent and Fully Effective Now
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Press Release

Make the Tax Cuts Permanent and Fully Effective Now

The Senate's failure to make last year's tax rate cuts permanent and fully effective now is hurting America's workers and families, the economy, and the stock market. Government should not act like a business and try to bring in as much money as possible: It should take from people only as much money as it needs to fund truly essential functions in the most efficient (that is, economically least destructive) way possible. Policymakers should move away from the flawed goal of maximizing government tax revenue and toward the correct goal of maximizing economic growth by limiting the size of government and lowering tax rates on working, saving, investing, and developing a business. The President should demand that Congress make the entire 2001 tax cut package, particularly the rate cuts and death tax repeal, permanent and fully effective immediately. Such a policy would remove unnecessary and economically damaging uncertainty about tax rates and instantly improve incentives and lower government barriers to working, saving, investing, or developing a business. Workers, families, the economy, and the stock market would all benefit from this prudent policy.

12/03/2002
It’s the Substance Stupid
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Press Release

It’s the Substance Stupid

According to the pundits, President Bush needs to avoid the mistakes of his father in appearing disengaged on the economy. In less than 20 months, the former President went from a 91 percent approval rating at the end of the Gulf War to less than 40 percent of the popular vote in his reelection attempt. The former President looked out of touch when he held a sock purchasing photo-op, appeared amazed at the scanner at a grocery store and used language like, “message: we care.” Recent polling shows the American people think the current president is not spending enough time on the economy, so the pundits claim that President Bush risks repeating the mistakes of his father.

12/03/2002
New House GOP Steering Committee is Pro-Growth
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Press Release

New House GOP Steering Committee is Pro-Growth

Most of the members of the 108th Congressional Republican Steering Committee have CSE Economic Scorecard ratings of 80% or higher, which means they voted repeatedly to cut taxes and grow the U.S. economy. The CSE Economic Scorecard tracked 20 key votes in 107th Congress, and scores above 80% earned the respected Jefferson Award.

12/03/2002

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