Key Vote Alert – “YES” on The Financial CHOICE Act (HR 10)

Andrew Roth - June 07th, 2017

KEY VOTE ALERT

“YES” on The Financial CHOICE Act (HR 10)

The Club for Growth urges all House members to support the The Financial CHOICE Act (HR 10).  A vote is expected later this week.  The vote will be included in the Club for Growth’s 2017 Congressional Scorecard.

Financial regulations created by the 2010 Dodd-Frank Act have strangled capital formation and lending, contributing to the anemic economic growth in our country over the last seven years.  This bill would repeal and reform large parts of that disastrous bill, ending a lot of the overreaching regulations that extended far beyond Wall Street.

Some of the CHOICE Act’s pro-growth provisions include requiring congressional approval for all major financial regulations, similar to the broader REINS Act that the House passed with unanimous GOP support in January.  It would also structurally reform the Consumer Financial Protection Bureau, stripping the agency of its much-too-broad authority.  Likewise, the bill repeals the incentives for bad behavior by lessening the “too big to fail” policies that Dodd-Frank codified into law.

Deregulatory policies have been essential this year in jump-starting the economy and sparking a newfound level of confidence in the private sector.  Passage of this bill will help encourage and continue that trend.

Our Congressional Scorecard for the 115th Congress provides a comprehensive rating of how well or how poorly each member of Congress supports pro-growth, free-market policies and will be distributed to our members and to the public.

Op-Ed in The Hill: ObamaCare repeal must include Medicaid reform

Rachael Slobodien - June 05th, 2017

Today, Club for Growth President David McIntosh and Heritage Action CEO Michael Needham, coauthored an op-ed in The Hill.  In the piece, the two explain the need to include Medicaid reform in efforts to repeal Obamacare.

Read the op-ed in its entirety here and an excerpt below.


 

ObamaCare Repeal Must Include Medicaid Reform

The Hill

By: David McIntosh and Michael Needham
June 5, 2017

At this point it is clear that Republicans have no intention to repeal ObamaCare “root and branch” as so many promised on the campaign trail. Many congressional Republicans have begrudgingly accepted that a significant number of their colleagues were only pretending. Since coming to that conclusion, those conservatives are plotting a path forward in the repeal and replace debate that respects taxpayers and drives down the skyrocketing cost of health insurance. That dynamic was on full display in the House as the conservative Freedom Caucus and a handful of moderates worked in good faith to address the crippling costs of ObamaCare’s regulatory architecture.

A similar opportunity exists in the Senate to improve both the regulatory reforms and various other provisions, but there are serious policy risks in the upper chamber as well. One of the most notable is that some moderate Republican Senators are trying to delay the phase out of ObamaCare’s generous Medicaid expansion subsidy and increase the program’s growth rate. Having already conceded on full repeal of ObamaCare, conservatives should resist attempts to essentially lock the failed law’s over-subsidization of the Medicaid expansion in place.

The notion that the House-passed American Health Care Act (AHCA) does not provide a soft enough landing for Medicaid expansion states to transition into a new financing system is inaccurate. If the AHCA were to become law, ObamaCare’s expansion of Medicaid to cover able-bodied, childless adults will remain. . .

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Club for Growth Applauds President Trump’s Plan to Withdraw from the Paris Climate Agreement

Rachael Slobodien - May 31st, 2017

Washington, DC –In light of President Donald Trump’s imminent announcement to remove the United States from the Paris climate agreement, Club for Growth President David McIntosh offered the following statement:

“Today, the Club for Growth applauds President Trump’s forthcoming decision to begin the process of withdrawing the United States from the Paris climate agreement,” said Club for Growth president David McIntosh.

For far too long the Obama Administration allowed foreign governments and alarmist environmentalists to dictate, not only climate change policy, but worse our nation’s economic policy.  President Trump’s decision sends a strong message to the environmentalist movement: no longer will the United States be strong armed by their scare tactics intended to harm our economy and inhibit economic growth.

With this announcement, President Trump takes a significant step toward putting American taxpayers and businesses back in the driver’s seat.  We encourage the President to continue to take actions that will unleash economic growth and create more American jobs and opportunities.”

Charles Payne and Club PAC Endorsed Candidate Ralph Norman About Recent Victory in SC-05

Stacy French - May 22nd, 2017
Paid for by Club for Growth PAC and not authorized by any candidate or candidate’s committee. 202.955.5500

Club for Growth PAC Congratulates Ralph Norman (SC-05)

Doug Sachtleben - May 17th, 2017

“Ralph Norman’s victory tonight paves the way for electing a proven economic conservative.”

Washington, DC – The Club for Growth PAC released the following statement congratulating its endorsed candidate, Ralph Norman, for winning tonight’s GOP primary runoff in South Carolina’s 5th Congressional District:

“Ralph Norman’s victory tonight paves the way for electing a proven economic conservative for the seat formerly held by Mick Mulvaney,” said Club for Growth PAC President David McIntosh. “Ralph’s record of opposing high taxes and big-government policies is exactly what voters in SC-05 want, and we look forward to him winning the seat outright by beating his Democrat opponent in June.”

  • Ralph Norman was endorsed by the Club for Growth PAC on May 9, 2017.
  • Club for Growth and Club for Growth Action invested more than $861,000 on independent expenditures in support of Ralph, in addition to Club members bundling directly to the Norman campaign through the Club for Growth PAC.

Club for Growth PAC and Club for Growth Action are political arms of the Club for Growth, a 501(c)(4).

Paid for by Club for Growth PAC and not authorized by any candidate or candidate’s committee. 202.955.5500