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Blog

Repeal the Gas Tax

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.

06/06/2017
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Blog

Audit the Pentagon

There’s a show from the 1980s called ALF about an alien that ends up having to live with a family after accidentally crashing into their garage. In one episode, he runs up a major gambling tab and to pay it off raises the prices on items at the family’s garage sale without their knowledge to get the money needed to pay off his debts.

06/02/2017
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Blog

Regulation: A Wind to Your Back or A Wind to Your Face?

Is this spike in job growth a sign that businesses are hopeful for the economy under the Trump administration? According to the May, 2017 ADP Employment Report, the private sector added 253,000 jobs in the month of May, up from 174,00 jobs added in April. Small businesses account for one-third for the workforce creating 83,000 new jobs last month with increases in construction, education and health, and professional business services. Mark Zandi, Chief Economist at Moody’s Analytics is hopeful that the government's 4.4 percent unemployment rate will soon drop below 4 percent.

06/01/2017
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Blog

The White House's Pro-Growth Budget

Last week, the White House unveiled its budget proposal for FY 2018. The proposal has been received coldly by most in Congress, including many Republicans. The budget isn't perfect, but it does begin to bend federal spending slightly downward over the next ten years, creating a $16 billion surplus in FY 2027. The biggest criticism from policy wonks is that the budget relies on 3 percent economic growth, in part, to balance the budget. The increased economic activity would increase revenue to the federal government.

05/30/2017
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Blog

A Fiscally Responsible Idea from Europe That America Should Adopt

As Congress approaches the debt ceiling debate, conservatives in both chambers should look for outside-the-box approaches to address federal spending. It's simply not enough to make cuts to nondefense discretionary spending, which, over the next ten years, represents less than 13 percent of all federal outlays. Mandatory spending, or direct spending, however, represents nearly 65 percent of outlays and is what is largely driving deficits higher.

05/26/2017
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Press Release

No Debt Ceiling Increase Without Spending Cuts

FreedomWorks today echoed the position of the House Freedom Caucus on raising the debt ceiling and called on Congress to address federal spending and the budget deficit, which is projected to exceed $9.4 trillion over the next ten years.

05/25/2017
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Op-ed Placement

Trump's Budget Not Perfect, but a Step in the Right Direction

The budget proposal rolled out by President Trump's White House on Tuesday may not be perfect—but it's a significant departure from the red ink of the past 16 years, and it's one that fiscal conservatives should embrace.

05/24/2017
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Op-ed Placement

Trump's Budget Will Supercharge America's Economy

Presidential budgets are visionary documents — fiscal roadmaps of where the White House wants to lead the country. For Donald Trump, it is all about growth and a return to prosperity after 15 years of malaise.

05/23/2017
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Press Release

FreedomWorks Statement on President Trump’s FY 2018 Budget

Following the release of President Donald Trump’s FY 2018 budget, FreedomWorks President Adam Brandon commented:

05/23/2017
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Blog

How the Treasury Will Address the Debt Ceiling

As part of the Bipartisan Budget Act of 2015 that was enacted in November of that year, the debt ceiling was suspended until March 15, 2017. As of March 16, 2017, the debt ceiling is now back in place, requiring Congress to take action to raise it by some time in Fall (likely October or November).

05/16/2017

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