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Tax Fact #18: Creating Personal Retirement Accounts is a Better Use of the Social Security Surplus
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Press Release

Tax Fact #18: Creating Personal Retirement Accounts is a Better Use of the Social Security Surplus

Bill Clinton believes that the best use of the projected $3.7 trillion in Social Security surpluses over the next 15 years – equal to $25,700 in extra payroll taxes for every worker in America – is to buy down the national debt. He argues that his plan will protect the system by assuring that Social Security’s surpluses will continue to build up in the trust fund while simultaneously reducing the government’s debt burden in preparation for the Baby Boomers’ retirement.

06/30/1999
Prepared Statement of James C. Miller III before the Subcommittee on Commercial and Administrative Law of the Committee on the J
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Press Release

Prepared Statement of James C. Miller III before the Subcommittee on Commercial and Administrative Law of the Committee on the J

July 29, 1999 Washington, D.C.

06/29/1999
Tax Fact #17: New Surplus Forecast: 49,166 Reasons to Cut Taxes
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Press Release

Tax Fact #17: New Surplus Forecast: 49,166 Reasons to Cut Taxes

Bill Clinton has announced that, thanks to the thriving economy, Washington will collect $1 trillion in additional surplus tax revenues over the next 15 years. This brings the total projected tax surpluses to $5.9 trillion – equal to a tax overpayment of $49,166 for every taxpayer in America.

06/29/1999
Nationalizing Prescription Drugs is Bad Medicine: Clinton-Gore Plan Will Quickly Lead to Rationing for Seniors
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Press Release

Nationalizing Prescription Drugs is Bad Medicine: Clinton-Gore Plan Will Quickly Lead to Rationing for Seniors

Medicare is already insolvent, losing $9 billion last year alone. The Medicare trustees have reported that Medicare will be totally bankrupt in just sixteen years. Due to the federal government’s mismanagement of Medicare, provider payments for hospitals, doctors, and nursing homes have already been significantly reduced, and some nursing homes and HMOs are refusing new Medicare beneficiaries. The Clinton-Gore administration rejected a bipartisan commission’s recommendations to save Medicare from bankruptcy – a plan based on what federal employees already have.

06/29/1999
CSEF Background - Lawsuit Abuse: Government Continues to Waste Tax Dollars Pursuing Misguided Case Against Microsoft
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Press Release

CSEF Background - Lawsuit Abuse: Government Continues to Waste Tax Dollars Pursuing Misguided Case Against Microsoft

Antitrust law was designed to protect consumers 81 percent of the American people believe Microsoft has been good for consumers (Wirthlin Worldwide poll). Nearly 250 of the nation’s leading economists have signed a open letter to President Clinton stating "consumers of high technology have enjoyed falling prices, expanding outputs, and a breathtaking array of new products and innovations." Browser technology has fueled the explosion of Internet traffic

06/25/1999
Senator McConnell’s Litigation Fairness Act Would Help End ‘Taxation Through Litigation’
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Press Release

Senator McConnell’s Litigation Fairness Act Would Help End ‘Taxation Through Litigation’

(WASHINGTON) - J.V. Schwan, Deputy Director and Counsel for Civil Justice Reform at Citizens for a Sound Economy (CSE), made the following statement in support of Senator Mitch McConnell’s bill, The Litigation Fairness Act. "Taxation through litigation is the latest scheme in Washington. When the administration can’t accomplish their goals through legislation, they sue. This is not what our Founding Fathers intended. ‘The Litigation Fairness Act’ would help stop their ‘taxation through litigation’ scheme’.

06/23/1999
Twenty Troubling Facts About American Education
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Press Release

Twenty Troubling Facts About American Education

Student Performance 1) American 12th graders rank 19th out of 21 industrialized countries in mathematics achievement and 16th out of 21 nations in science. Our advanced physics students rank dead last. 2) Since 1983, over 10 million Americans have reached the 12th grade without having learned to read at a basic level. Over 20 million have reached their senior year unable to do basic math. Almost 25 million have reached 12th grade not knowing the essentials of U.S. history.

06/21/1999
Capitol Comment 242 - Class Action Torts and Federalism
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Capitol Comment

Capitol Comment 242 - Class Action Torts and Federalism

Before Congress adjourns for its summer recess, the House Judiciary Committee is set to consider legislation designed to enhance federal "diversity jurisdiction" over class-action liability cases. The purpose of H.R. 1875, the Interstate Class Action Jurisdiction Act, is to make it easier for defendants in multi-state class-action torts to transfer their cases from state courts to federal court. As it becomes more and more a form of regulation, tort law will become more susceptible to structural tinkering designed to benefit special interests, much like the tax code.

06/20/1999
Capitol Comment 240 - Taxpayer Double Whammy:
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Capitol Comment

Capitol Comment 240 - Taxpayer Double Whammy:

Consumers of telecommunications services, advocates of smaller government, and ultimately, the U.S. Constitution are under attack by the Federal Communications Commission (FCC). Recently, the FCC not only unilaterally raised the federal telephone E-Rate tax (also known as the "Gore-tax" after its chief promoter Vice President Al Gore) by 73 percent, but it also took deliberate steps to block phone companies from identifying the tax on their customers’ phone bills.

06/15/1999
Issue Analysis 92 - The Federal Government Has No Legal Case Against the Tobacco Companies
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Press Release

Issue Analysis 92 - The Federal Government Has No Legal Case Against the Tobacco Companies

In his State of the Union Address, President Clinton announced that the Justice Department would sue the tobacco companies. This directly contradicted earlier testimony Attorney General Janet Reno provided the Senate Judiciary Committee, indicating the federal government had no independent cause of action to bring such a lawsuit. Now the administration is seeking $20 million, largely to hire lawyers who can help them determine how and where to file their lawsuit. A closer look at the legal theories, however, indicates that the administration does not have a viable case. Last year, an outrageous transfer of wealth occurred – with as much as $250 billion going from the pockets of smokers (many of whom tend to be in lower income brackets) to state governments and private contingency-fee trial lawyers. This transfer was the result of a settlement entered into by the tobacco companies after a number of states filed lawsuits against them, but not before some states changed their laws to give the government an unprecedented upper hand in court.

06/14/1999

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