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Economic Prosperity for Africa, Too
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Press Release

Economic Prosperity for Africa, Too

©2003 Copley News Service, 6/18/2003 News from Africa and the Middle East these days could have been written by Charles Dickens: In terms of problems, it is the worst of times, but in terms of opportunities for peace and democratic development, it is also the best of times.

06/18/2003
$44 Trillion Discussion on Social Security
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Press Release

$44 Trillion Discussion on Social Security

-----Original Message----- From: Larry Hunter Subject: RE: column Bruce, I'll take your word on the numbers -- I haven't checked them myself -- but assuming they are correct on what appears to be a present-value basis, why on earth is a debt equal to 6.5 percent of gross domestic product "something to be concerned about," much less a crisis in the making?

06/18/2003
Who is Dick Gephardt?
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Press Release

Who is Dick Gephardt?

Rep. Richard A. Gephardt: Erratic and Misguided Economic Policies

06/18/2003
Arizona Needs a Flat Tax
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Press Release

Arizona Needs a Flat Tax

The state of Arizona has created a commission to examine their tax code. While the Arizona government argues that not enough tax revenue is being collected, the Goldwater Institute came out with its own policy study showing the opposite: too much money is being taken. Arizona’s revenues have risen faster than the Arizona economy has grown, proving that tax holes don’t exist. However, the state’s tax rates are still not competitive. Texas, Colorado, and Nevada are regional competitors that have more attractive tax structures.

06/18/2003
It's Time to Pay Attention to Spending
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Press Release

It's Time to Pay Attention to Spending

Recently, Congress passed the “Jobs and Growth Tax Relief Reconciliation Act of 2003,” a tax cut that addresses a number of flaws in the current tax code. Importantly, the tax bill focused on incentives, with across-the-board tax cuts, reductions in the cost of capital, and changes in depreciation that would foster investment by small business. In addition, it sought to remove punitive elements of the code, such as double taxation and the marriage penalty. The bill that finally passed was less than half of what President Bush initially proposed. Using the deficit for leverage, the Senate capped the tax cut. Interestingly, they also added $20 billion in new spending to bail out debt-ridden states, which raises questions about whether they were concerned about the deficit or what was left for them to spend.

06/18/2003
This Week on Capitol Hill
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Press Release

This Week on Capitol Hill

It is summertime, and for kids around the nation that means high dives and swimming pools. Congress, however, is cooling off by paddling in the red ink and by absolutely jumping off the cliff on Medicare. Mark this week in your calendar, folks-- you're about to witness the largest increase in government since the days of the Great Society and LBJ. Medicare

06/18/2003
FOR THE RECORD
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FOR THE RECORD

Executive pay -- An article in Sunday's Business section about executive perks misidentified Scott Klinger's organization. Klinger is co-director of the responsible wealth project at United for a Fair Economy, not Citizens for a Sound Economy.

06/17/2003
CSE Urges YES Vote on H.R. 8, to Permanently Repeal the Death Tax
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Press Release

CSE Urges YES Vote on H.R. 8, to Permanently Repeal the Death Tax

KEY VOTE NOTICE TO THE U.S. HOUSE OF REPRESENTATIVES: June 17, 2003 Dear Representative, On behalf of the nearly 280,000 members of Citizens for a Sound Economy (CSE), I urge you to vote yes on H.R. 8, the “Death Tax Permanency Act of 2003,” a bill to eliminate the death tax once and for all.

06/17/2003
CSE Members Rally Against Massive New Hampshire Spending Increases
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Press Release

CSE Members Rally Against Massive New Hampshire Spending Increases

The 2003 New Hampshire budget battle has been a classic confrontation between the big spenders and those promoting fiscal responsibility. As submitted, Governor Craig Benson’s budget called for a 6% increase in state spending and contained no new taxes or increases. Having passed the House of Representatives and the Senate, the budget now contains an increase of 13% in state spending, spends all of the state bailout money provided for by the Congress and levies a new tax on nursing homes.

06/17/2003
Social Security Reform and Personal Retirement Accounts
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Press Release

Social Security Reform and Personal Retirement Accounts

Why reform Social Security? There are two basic reasons Social Security must be reformed: 1. A Financial Crisis Social Security will run deficits by 2018 and be bankrupt by 2042. Unless we act now, the next generation of retirees will be confronted with skyrocketing taxes and evaporating benefits.

06/16/2003

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