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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.
Congress may be away from Washington, but FreedomWorks isn't resting. Our hardworking team has used the legislative recess to their advantage, hosting several grassroots events around the country, including another stop on the Constitution Revival Tour in Sacramento, playing a major role in the RedState Gathering in Denver, and hosting our third super activist boot camp of the year in Chicago.
Recent information and a USA Today report indicates that the Drug Enforcement Administration (“DEA”) has been mining Americans’ travel records to profile individuals and intercept potential drug traffickers. Over the past decade, DEA teams acquired over $209 million in cash from at least 5200 travelers at 15 of the country’s busiest airports. The justification for these seizures is the same used for most other civil asset forfeiture scenarios: use of money in the form of cash is linked to drug trafficking.