Rachael Slobodien - June 20th, 2017
“A border adjustment tax is a ball and chain that is dragging down real, pro-growth tax reform.”
Washington, DC – Today, ahead of Speaker Paul Ryan’s (R-WI) speech at the National Association of Manufacturers, Club for Growth President David McIntosh offered the following statement outlining factors that make for pro-growth tax reform. In his statement, McIntosh also encourages Republicans to resist implementing a border adjustment tax as part of any tax reform proposal.
“Roughly one year ago this week, House Speaker Ryan unveiled the House Republicans’ blueprint to overhaul the tax code,” Club for Growth President David McIntosh stated. “In an attempt to craft pro-growth tax reform, the blueprint called for lower tax rates and a territorial tax system for international corporations.”
“But, here we are a year later, and Congress has made little progress towards cutting taxes – even though voters overwhelmingly sent Republicans to Washington with a clear mandate to reduce taxes.
“The biggest impediment to pro-growth tax reform is the Border Adjustment Tax (BAT). It is a political loser. The BAT has become a ball and chain that is dragging down real, pro-growth tax reform. The Republican Senate has made it clear that the BAT is a nonstarter. President Trump’s proposal also wisely sidesteps the issue entirely – choosing correctly to focus on pro-growth tax cuts, rather than middle class tax increases, which would be the inevitable consequence of a BAT.
“Any member who campaigned on lowering taxes should not even entertain the idea of a BAT. However, Speaker Ryan and a few members of Congress, like Ways and Means Chairman Kevin Brady (R-TX), continue to push the idea of a border adjustment tax. Their unwillingness to abandon the proposal now threatens to doom the best prospects Republicans have to pass meaningful tax reform.
“No matter how Rep. Brady and others may try to sell it—like with a five-year transition period—a BAT will effectively be a $5 trillion tax hike on American consumers. Those in favor of a BAT try to rationalize it by arguing it is necessary to lower tax rates on corporations. Club for Growth flatly rejects Speaker Ryan’s green eyeshade notion that in order to pass pro-growth tax cuts, Republicans have to raise taxes. The BAT would do so at the expense of hardworking American families struggling to make ends meet. Republicans in Congress should not support it.
“Since its inception, Club for Growth has fought to enact tax reform to lessen the tax burden on American families and businesses and in so doing, unleash economic growth. Just last week, Club for Growth and Americans for Tax Reform made the case for lasting tax reforms by extending the budget window beyond ten years. And that’s one of many pro-growth approaches to tax reform, but the border adjustment tax is not.”
Rachael Slobodien - June 13th, 2017
“This bill must be a real repeal of Obamacare; it must help hardworking Americans to be able to buy affordable health insurance.”
Washington, DC –As the Senate continues to work through what should constitute an Obamacare repeal bill, Club for Growth President David McIntosh drew a line in the sand and released the following statement:
“While we await the release of the Senate bill’s text, one thing that is not open to debate or interpretation is that this bill must be a real repeal of Obamacare; it must help hardworking Americans to be able to buy affordable health insurance,” stated Club for Growth President David McIntosh.
“There are two tests for whether the Senate bill is an improvement over the House bill:
First, the Senate bill must do more to reduce the costs of health insurance premiums. This means further rolling back Obamacare regulations and opening up competition across state lines.
Second, the Senate bill must be a real repeal of the other portions of Obamacare, including the tax hikes and dramatic expansion of Medicaid.
Club for Growth has long fought to repeal Obamacare—and would like to see a repeal bill pass— but current discussions should not lead to a weakening of what constitutes a real repeal of Obamacare.”
Today, the Club for Growth also joined with Americans for Tax Reform and nearly 50 conservative groups and sent a letter to Senator Orrin Hatch urging him to include a repeal of Obamacare’s taxes in the Senate’s forthcoming Obamacare repeal legislation. Here is a link to view the letter in its entirety.
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.
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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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.”
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).