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Medicare's Two Fundamental Problems
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Press Release

Medicare's Two Fundamental Problems

July 16, 2003 The Honorable Dennis Hastert Speaker of the House of Representatives The Honorable Bill Frist Senate Majority Leader The United States Capitol Washington, DC 20515 Dear Speaker Hastert and Majority Leader Frist:

07/17/2003
A Sales Tax in Oregon?
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Press Release

A Sales Tax in Oregon?

Some state legislators in Oregon are suggesting the state adopt a sales tax that will further harm an already crippled local economy. The tax would burden state citizens with an estimated $725 million in new taxes, reducing the state’s competitive edge and devastating border communities. Moreover, according to the Cascade Policy Institute, 30,000 jobs throughout the state could be lost.

07/17/2003
A Sales Tax in Oregon?
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Press Release

A Sales Tax in Oregon?

Some state legislators in Oregon are suggesting the state adopt a sales tax that will further harm an already crippled local economy. The tax would burden state citizens with an estimated $725 million in new taxes, reducing the state’s competitive edge and devastating border communities. Moreover, according to the Cascade Policy Institute, 30,000 jobs throughout the state could be lost.

07/17/2003
Texas: Select School Finance Committee Taking Final Form
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Press Release

Texas: Select School Finance Committee Taking Final Form

House Speaker Tom Craddick Monday added six House members to the Select Committee on Public School Finance and announced the creation of eight subcommittees to study various aspects of the state tax system and the school finance mechanisms. The committee, which is meeting here Tuesday and Wednesday, is studying the state’s tax structure and its public school finance system with a goal of completely revamping the state’s tax code and its method of funding schools, Craddick said Monday.

07/17/2003
The Red Ink Capital
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Press Release

The Red Ink Capital

This week the White House budget office released the “Mid-Session Review” of the federal budget. As expected the new figures point to higher deficits. For fiscal year 2003, the deficit jumps from $304 billion to $455 billion. Federal spending now consumes $2.2 trillion dollars, and the budget report increases the estimate of 2003 spending by $71 billion. While a slow economy and the Iraqi war have much to do with the deficit, the report is indicative of a larger systemic problem—a lack of fiscal discipline and excessive federal spending.

07/16/2003
Social Security’s Coming Crisis
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Press Release

Social Security’s Coming Crisis

The actuaries and trustees at the Social Security Administration have long understood the challenges facing our Social Security program. With the impending retirement of the large baby boom generation starting around 2012, there will be a shift in the proportion of workers paying into Social Security to the retirees drawing benefits. As a result, there won’t be enough money as benefits going out will exceed taxes coming in by 2015. I met with White House staff and Political Director Karl Rove to encourage presidential leadership to deal with the coming crisis. There is an even greater need to face up to the Social Security problem now with the probability of more money needed a very expensive prescription drug benefit added to Medicare.

07/16/2003
An African Renaissance
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Press Release

An African Renaissance

©2003 Copley News Service, 7/15/2003

07/15/2003
From Pennsylvania With Love?
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Press Release

From Pennsylvania With Love?

On Saturday July 19, the Pennsylvania House of Representatives passed a bill that will allow for the creation of eleven slot machine casinos across the state. Some casino hopefuls in the House estimate that the slot machines will draw roughly $1 billion dollars in revenues. But is $1 billion in state expansion what Pennsylvania really needs? Of course not. Pennsylvanians are in dire need for lawmakers to propose a budget that will cut spending and prevent tax increases that will protect the taxpayers’ economic freedom.

07/15/2003
Tim Penny to Headline NH CSE Social Security Town Hall Meeting
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Press Release

Tim Penny to Headline NH CSE Social Security Town Hall Meeting

New Hampshire Citizens for a Sound Economy (NH CSE) State Director Chuck McGee announced today that former Democratic Congressman Tim Penny of Minnesota will visit New Hampshire on July 30th to headline the second event of NH CSE’s Choose Your Future Tour. The Social Security Town Hall Meeting will take place in Laconia with local columnist and radio host Niel Young helping to promote the event.

07/15/2003
Protest to Free the "Michigan Four" Judicial Nominees
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Press Release

Protest to Free the "Michigan Four" Judicial Nominees

Today Michigan members of Citizens for a Sound Economy (CSE) joined M-Law to deliver three thousand petition signatures to the Lansing office of Senator Carl Levin, demanding that he quit blocking the nominations of the Michigan Four. President Bush has nominated four qualified individuals to fill the four vacancies in the Sixth Circuit Court of Appeals but Senator Levin and his Michigan colleague Senator Stabenow are blocking them.

07/14/2003

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