1. House Freedom Caucus Files Petition for ObamaCare 'Clean Repeal' - via Washington Examiner
The House Freedom Caucus on Friday filed a petition aimed at allowing lawmakers to vote on a "clean" Obamacare repeal bill that Congress passed in 2015.
If the so-called discharge petition receives 218 signatures, a simple majority in the House, it would remove the bill from committee and force a floor vote on the second or fourth Monday of the month. Sponsors are hoping the signatures are in place by September. Read more here...
2. If MLS Is a Ponzi Scheme, Taxpayers Will Get Left Holding The Bag - via Reason
Cincinnati, Ohio, has a modestly successful minor league soccer team, FC Cincinnati, which shares a stadium with the University of Cincinnati football team. Within the next two years, though, the club hopes to join Major League Soccer, the top tier professional league in the United States.
Winning the bidding process will likely require taxpayers to agree to fund a new soccer-only stadium for FC Cincinnati. The price tag: about $200 million, at least half of it coming from public sources, the Cincinnati Business Courier reports. But before Cincinnati agrees to put-up public financing for a new stadium, officials there might want to take a good, hard look at the financial health of the league they are attempting to join. Because, right now, MLS resembles something a little like a Ponzi scheme. Read more here...
Earlier this summer, Rep. James Sensenbrenner (R-Calif. Wisc.) introduced a bill that could dramatically change the ways states tax and regulate interstate commerce, including commerce in agriculture and food.
The bill, known as the No Regulation Without Representation Act of 2017, would bar states from regulating or taxing many businesses that don't physically operate within their borders. The bill is intended to rein in "certain State impositions on interstate commerce." It declares "a State may tax or regulate a person's activity in interstate commerce only when such person is physically present in the State during the period in which the tax or regulation is imposed." Read more here...
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5. New Study Finds Minimum Wage Hikes Lead to Job Automation - via Washington Examiner
States that raise their minimum wages may put low-skill workers at risk of having their jobs automated, according to a new academic paper published Monday. The paper warns that increases in the minimum wage "will give incentives for firms to adopt new technologies that replace workers earlier."
Using Census data to compare states with differing minimum wages and a dataset of jobs vulnerable to automation developed by MIT economist David Autor, the study published Monday finds that some workers "are in fact quite vulnerable to job loss because of automation following a minimum wage increase." Read more here...
Jason Pye
Vice President of Legislative Affairs, FreedomWorks
Vice President of Legislative Affairs, FreedomWorks
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