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Key Vote No: H.R. 2454 American Clean Energy and Security Act
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Press Release

Key Vote No: H.R. 2454 American Clean Energy and Security Act

On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to vote “No” on H.R. 2454, the Waxman-Markey “American Clean Energy and Security Act of 2009.”  H.R. 2454 calls for a “cap and trade” system for the regulation of greenhouse gases, and is in essence, a tax that will drive up energy costs across the board.  The best projections estimate that the climate bill would result in a barely measurable 0.05 degree Celsius temperature “savings” over the next fifty years.  In the meantime, over those fifty years, the economic effect would be far more tangible and disastrous.Independent experts estimate that in the next eight years the legislation will take $2 trillion dollars from our economy, redistributing it to powerful, favored institutions through a complex regulatory scheme with standards that are impossible to meet, as has been found in other countries with similar systems in place.  Actually doing so would set our economy back over 130 years to 1875, the last recorded time our carbon-emissions met the legislation’s goals. At a cost of any where from $750 to over $3,000 a year per family, the price is far too high for so little in return. High energy prices affect everything from heating, electricity, and fuel prices to agriculture, manufacturers, and shipping costs.  These are the unavoidable costs of living and the burden of this legislation will fall most heavily on the poor who spend a higher percentage of their income on these essentials making cap and trade a regressive tax that forces impossible decisions between food and the drive to work.The astronomical costs of this bill and the unachievable caps that cripple many industries such as farmers and miners will mean the loss of many jobs as manufacturers, shippers, and others are forced to scale back, close, or send jobs overseas.  While the prospect of numerous new “green” jobs has been widely touted, a recent study by economist Gabriel Calzada has found that for every one green job, 2.2 other jobs are lost or not created.  Each of those jobs comes at an enormous subsidy that pours money from the private sector into an overpriced, inefficient industry.  An economy suffering from massive losses of jobs and wealth, and strapped with a staggering deficit cannot afford a plan that would exacerbate these problems. Promised cleaner alternatives to our current fossil-fuel based technology are still years out of reach.  Rolling back regulations that stifle alternatives like nuclear would be a less costly option.On behalf of our FreedomWorks activists, I again urge you to vote “No” on H.R. 2454 and will count your vote as a KEY VOTE when calculating the FreedomWorks Economic Freedom Scorecard for 2009.  The FreedomWorks Economic Freedom Scorecard is used to determine eligibility for the Jefferson Award, which recognizes members of Congress with voting records that support economic freedom.

06/25/2009
A Save Face Testimony?
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Blog

A Save Face Testimony?

As lawmakers continue to question all involved in the 2008 deal that brought securities firm Merrill Lynch under the command of Bank of America Corp., questions arise as to the legality of the Federal Reserve's role in the negotiations.

06/25/2009
Robert Reich's "public option" deceptions
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Blog

Robert Reich's "public option" deceptions

Although this note may seem similar in content and intent to my note yesterday about Barack Obama’s outrageous news conference, Robert Reich’s Wednesday WSJ plea for government-run health care deserves an equal smack-down. Reich’s entire article is filled with misleading statements – not quite lies, but with the same effect. Let’s go through his opinion in some detail:

06/25/2009
Warren Buffet: Cap and Trade a Huge Tax
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Blog

Warren Buffet: Cap and Trade a Huge Tax

Buffet explains how Cap and Tax hurts the poor and our economy.  H/t: Club for Growth  

06/24/2009
Cap and Trade Floor Vote on Friday: Take Action!
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Press Release

Cap and Trade Floor Vote on Friday: Take Action!

This is an urgent message from FreedomWorks. By now you’ve probably heard that leaders in the House have cobbled together enough compromises late Monday night to get the dreaded “Cap and Trade” bill to the floor this Friday.  More accurately referred to as “Cap and Tax,” the Waxman-Markey climate legislation is an enormous energy tax that would deal a severe blow to our already shaky economy.  It is vital that you Take Action now.  We are asking that you take some time to do three things.

06/24/2009
The First Rule of Budget Holes: Stop Digging
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Blog

The First Rule of Budget Holes: Stop Digging

In a familiar storyline, Pennsylvania lawmakers are seeking to close a budget gap of some $3.2 billion by—you guessed it—raising taxes. To that end, Governor Ed Rendell has called for a “modest” hike of 16 percent in the state income tax rate from 3.07 to 3.57 percent for the next three years. Similar “temporary” tax hikes, implemented in 1983 and 1991, have yet to be fully repealed.

06/24/2009
Help Stop a Flood of Tax Hikes in North Carolina
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Press Release

Help Stop a Flood of Tax Hikes in North Carolina

Legislators in Raleigh will be considering a new budget any day now, as they face a July 1 deadline.  For government reformers, a new budget sounds like a great idea as North Carolina faces a $4.6 billion deficit.  However, rather than cutting fat and waste in the budget, Governor Beverly Perdue’s plan calls for an additional $1.5 billion in spending for education, even as state revenues fall.How does she and other House and Senate leaders plan to make up this huge difference?  With a big package of new taxes and fees applied inconsistently across the economy, picking and choosing the winners and losers.  The House and Senate are considering different plans, but here are a few of the suggestions on the table that will hurt North Carolina families and businesses.

06/24/2009
ObamaCare: Far worse than economically ignorant
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Blog

ObamaCare: Far worse than economically ignorant

In a news conference yesterday, Barack Obama demonstrated a remarkable ignorance of and antipathy for free markets and free enterprise when speaking about the possibility of a “public option” as part of “health care reform.” It’s not easy for Obama to surprise me but the vacuousness of his statements combined with their casual disregard for the power of government when “competing” with private companies was truly shocking.

06/24/2009
Help Stop New Tax Hikes in California
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Press Release

Help Stop New Tax Hikes in California

Just over a month ago, Californians went to the polls and delivered a resounding “No tax hikes” to their state leaders.  Legislators have had four weeks to come up with a better plan that will work for the state and guess what their solution is?More tax hikes!  Take Action and tell your lawmakers more tax hikes are unacceptable.That’s right, more tax hikes.  Except that these are different tax hikes they think the public won’t see through, regardless of the fact that it’s always the same folks who end up footing the bill.  Tax proposals now on the table include $2.2 billion in various taxes on business, a 9.9 percent tax on oil extraction, and a massive $1.50/pack cigarette tax hike.California legislators must think the taxpayers are pretty gullible to swallow this new plan.  Taxing business, just when many are fleeing the high taxes of the state, when others are bleeding jobs and struggling in the current economy is a terrible idea. Taxing oil extraction falls in the same category.  It isn’t some faceless corporation that drills for energy – it’s people who could use those jobs.  And it isn’t just some entity in the sky that absorbs those high taxes – it’s people who will have to pay at the pump.Cigarette tax hikes are a selfish cash grab that tries to put the economic woes of a state on a small, often-targeted minority.  They also hurt small businesses as people go across statelines, or to the black market and internet for cheaper cigarettes.No one would deny that California is in a bind.  But this is a problem that can’t be taxed away.  When these tax sources dry up, and if history is any guide they certainly will, legislators will simply tax something else.  Legislators were elected to do a job and that means making tough decisions, not just creating more taxes for the group that drew the short straw that day.  Spending has far outpaced growth in the state.  In good years, California’s government spent as if the revenue would never end rather than keeping spending in line with priorities. Take Action and urge your legislators not to seek quick fixes that will only push the problem down the road a short ways, but to stop playing favorites with programs and benefits and do the real cutting that needs that be done.  During hard times, every family has to cut back.  There’s no reason why governments shouldn’t do the same.

06/23/2009
How Much is $1.6 Trillion?
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Blog

How Much is $1.6 Trillion?

Dr. Evil once held the world hostage for a staggering one hundred billion dollars.  This time Dr. Evil’s demands have been eclipsed by the Obama Administration (instead of Austin Powers), with cohorts Sen. Kennedy (D-MA) and Sen. Baucus (D-MT) demanding $1.6 trillion for a new diabolical plot: National Health Care. As the costs of health care reform begin to take shape, some of us are wondering how much $1.6 trillion really is. Putting things into perspective, $1.6 trillion would:

06/23/2009

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