The Club for Growth is urging all House members to not co-sponsor the protectionist Currency Reform for Fair Trade Act (HR 1276). Members who co-sponsor this bill will receive negative points on the Club's 2013 Congressional Scorecard. Negative points will not be assessed to anyone who is currently a co-sponsor who subsequently removes his name in a reasonable amount time after this alert is officially released.

This proposal would make it easier for the federal government to slap countervailing duties or antidumping duties on any exporting country whose currency is considered misaligned against the U.S. dollar. This is a disastrous proposal that would increase taxes on American businesses and consumers, stall the economic recovery, and spark an ugly trade war.

Supporters of this bill believe that cheap imports are harming our nation's manufacturers, but they fail to realize that imports are often intermediary goods and raw materials, not just final consumer products. These goods are used by our nation's businesses to produce final products that can be sold at competitive prices. And even if supporters of this bill had a valid argument, the better course of action to spur our nation's economy is not to punish another country through higher taxes on ourselves, but by lowering taxes on corporate income, capital gains, and dividends. We strongly urge all members to not only vote against this bill, but to decline co-sponsorship of it.

Our Congressional Scorecard for the 113th 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.

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From The Hill newspaper:

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The Club for Growth urges all House members to vote "YES" on the bill that would fully and permanently repeal ObamaCare (HR 45). Consideration of this bill is expected later today. The vote on this bill will be included in the Club's 2013 congressional scorecard.

As we have written in previous key vote alerts, this healthcare law betrays the principles of limited government and individual liberty that our Founding Fathers relied on when they crafted the Constitution. It hinders growth, includes an unprecedented individual mandate to buy insurance, raises taxes, and massively increases the size of government.

Our Congressional Scorecard for the 113th 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.

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For all you fans of the TV show "Arrested Development" comes this video from the House Republican Conference:

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Congress is going to debate the new farm bill soon, and it's a whopper.  The food stamp program, which is wholly unrelated to agriculture, takes up roughly 80% of the $1 trillion bill.  

Unfortunately, there's bipartisan support for it.  As one example, here's a recent quote from Republican Senator Thad Cochran:


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Now this is a great idea. 

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From the New York Times:

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The Club for Growth urges all House members to vote "YES" on the Full Faith and Credit Act (HR 807) sponsored by Rep. Tom McClintock. Consideration of the bill is expected in the next few weeks. The vote on this bill will be included in the Club's 2013 Congressional Scorecard.

If enacted into law, this bill would take default off the table if Congress cannot come to an agreement on what to do with the debt ceiling if it is breached.

The bill codifies and mandates the Treasury Secretary's authority and ability to pay, above all other public expenditures, the principal and interest on the government's debt held by the public. This is a common sense plan that will help reduce anxiety in the financial markets and reassure credit agencies.

Our Congressional Scorecard for the 113th 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.

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(H/T Politico) 


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