1. House Freedom Caucus Narrows Down Debt Ceiling Demands - via Washington Examiner
The conservative House Freedom Caucus is focusing in on one key demand for the debt ceiling talks that are expected to develop over the next few weeks, one that focuses on restricting borrowing and spending as the government gets closer to the debt ceiling. In July, the group of about 40 conservatives laid out three possible demands they could make in talks to raise the debt ceiling, which are expected to conclude in September because the government is already at its borrowing limit.
Those options were $250 billion in spending cuts, a bill to repeal ObamaCare, and a third possibility that aims to change the way the government spends and borrows money as it approaches the debt ceiling. The third option is the "most realistic," and a House aide said the group of conservatives are expected to insist on spending and borrowing management changes as a condition of getting their vote in September. Read more here...
Obama’s IRS was one of the most corrupt government agencies in his administration. Lois Lerner used it to target innocent conservatives, then Obama’s crony IRS Commissioner John Koskinen covered it up!
Unfortunately the IRS’ abuse of power didn’t stop there. They hired corporate henchmen to carry out their audits (which was illegal) and THEN passed a regulation to make it legal!
That’s why FreedomWorks is asking you to contact President Trump right now. Urge him to repeal this crony IRS regulation today.
Unfortunately the IRS’ abuse of power didn’t stop there. They hired corporate henchmen to carry out their audits (which was illegal) and THEN passed a regulation to make it legal!
That’s why FreedomWorks is asking you to contact President Trump right now. Urge him to repeal this crony IRS regulation today.
2. GOP Panel Lays Groundwork for Contempt Charges Against CFPB's Richard Cordray - via Washington Examiner
House Republicans edged closer Friday to citing Consumer Financial Protection Bureau Richard Cordray for contempt of Congress, publishing a report finding that a panel has cause to do so based on his inadequate response to subpoenas.
The report is the latest GOP volley against the regulator, an Obama appointee whose policies conservatives have long criticized and who is speculated to seek the Ohio governorship as a Democrat. Read more here...
3. $15 Minimum Wage Could Cost 47,000 Jobs in a Single U.S. County - via Competive Enterprise Institute
The Washington Post has “sobering news for $15 minimum-wage boosters.” It cites a 146-page study showing that 47,000 jobs would be lost in just one county—Maryland’s wealthy Montgomery County—if it raised the minimum wage to $15.
Boosting the minimum wage would also cost the county “$396.5 million in total income by 2022, due to workers’ being priced out of the job market by the higher minimum wage. This would spell a reduction of nearly $41 million in expected county tax revenue between fiscal 2018 and fiscal 2022; meanwhile, the county government’s payroll costs would go up $10 million.” Read more here...
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5. The Dishonorable ObamaCare Six: These Republican Senators Have a Stain on Their Voting Records - via Washington Examiner
Following the failure of the Senate's efforts to repeal Obamacare, columnist Jonathan Allen wrote that Sen. John McCain, R-Ariz., "did the right thing" by casting the deciding vote against a scaled-down version of an Obamacare repeal and replace bill that would have allowed the process to move forward. Said Allen: "Know this about McCain. There's nothing that drives him more than his sense of honor and he clearly concluded the more honorable thing was to vote against the highly unpopular repeal plan."
The honorable thing to do? Earlier in the week, McCain (ACU Lifetime Rating of 81 percent) was one of seven Republicans who joined 48 Democrats to vote against the same bill to repeal Obamacare that he voted for and the Senate passed in 2015, only to have it vetoed by then President Barack Obama. Six of those seven voted "yes" in 2015. Read more here...
Jason Pye
Vice President of Legislative Affairs, FreedomWorks
Vice President of Legislative Affairs, FreedomWorks
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