Key Vote Alert – “NO” on Schumer-McConnell Budget Deal

Andrew Roth - February 08th, 2018

KEY VOTE ALERT

“NO” on Schumer-McConnell Budget Deal

The Club for Growth opposes the Schumer-McConnell budget deal and urges all members of Congress to vote NO on it.  A vote is expected soon in both chambers.  The vote will be included in the Club’s 2018 congressional scorecard.

In 2011, when Congress passed The Budget Control Act (BCA), Senate GOP Leader Mitch McConnell praised the deal, proclaiming that the “big government freight train” was slowing down.  Well, now that the BCA spending caps are busted under this deal yet again, it’s clear that McConnell and the GOP establishment want to speed up the big government freight train with the help of big spending liberals on the other side of the aisle.

As if that’s not bad enough, this deal also includes $80+ billion in so-called disaster relief spending, cronyist tax extenders, an expansion of farm subsidies, and another suspension in the debt ceiling, conveniently timed to expire after the mid-term elections.  Nowhere in this deal are the $54 billion in spending cuts outlined in President Trump’s budget.  Instead, the big government freight train is running out of control.

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.

Club for Growth Key Vote Alert: “NO” on Schumer-McConnell Budget Deal

Rachael Slobodien - February 07th, 2018

Washington, DC – Today, Club for Growth issued the following vote alert in advance of an upcoming vote on the Schumer-McConnell budget deal:

“The Club for Growth opposes the Schumer-McConnell budget deal and urges all members of Congress to vote NO on it. A vote is expected soon in both chambers. The vote will be included in the Club’s 2018 congressional scorecard.

In 2011, when Congress passed The Budget Control Act (BCA), Senate GOP Leader Mitch McConnell praised the deal, proclaiming that the “big government freight train” was slowing down. Well, now that the BCA spending caps are busted under this deal yet again, it’s clear that McConnell and the GOP establishment want to speed up the big government freight train with the help of big spending liberals on the other side of the aisle.

“As if that’s not bad enough, this deal also includes $80+ billion in so-called disaster relief spending, cronyist tax extenders, an expansion of farm subsidies, and another suspension in the debt ceiling, conveniently timed to expire after the mid-term elections. Nowhere in this deal are the $54 billion in spending cuts outlined in President Trump’s budget. Instead, the big government freight train is running out of control.

Club for Growth PAC Endorses Dino Rossi for Congress

Rachael Slobodien - February 01st, 2018

Washington, DC – Today, the Club for Growth PAC announced its endorsement of former Washington State Senator Dino Rossi, who is running for Congress in Washington’s eighth congressional district, to replace Congressman Dave Reichert, who is retiring.

rossi-dino“Club for Growth PAC is pleased to announce its endorsement of Dino Rossi for Congress,” stated Club for Growth PAC President David McIntosh.  “Throughout his years serving in Washington’s State Senate, Dino has shown his fiscal conservative stripes time and time again.  Dino has fought against out-of-control spending at the state level, and he’ll continue this fight at the federal level once he’s elected to Congress.  He’ll work to curb the deficit and reckless spending that have become woven into the fabric of Congress.

“A staunch supporter of free trade, Dino will not be beholden to special interests or unions, who advocate protectionism over prosperity for all.  He has also supported a state budget that cut spending and legislation that capped property taxes.  Not only does Rossi’s record demonstrate that he is personally committed to cutting spending and reducing government’s role, he has also been an effective communicator for limited government to skeptical, more liberal voters in Washington State.”

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

Club for Growth Leads Coalition Urging Trump to End Taxation of “Phantom Income” Through Executive Order

Rachael Slobodien - January 29th, 2018

Washington, DC – Today, ahead of President Trump’s first State of the Union address, Club for Growth along with nearly 30 other conservative groups sent a letter to President Trump and Treasury Secretary Steve Mnuchin asking that they issue an executive order that would index capital gains to inflation so that taxpayers are no longer forced to pay taxes on “phantom” gains.

This letter is a companion letter to one Club for Growth and conservative allies sent to President Trump and Secretary Mnuchin last fall.  Below is the text of the letter along with the full list of organizations who signed it.

**

January 29, 2018

 

Dear President Trump and Secretary Mnuchin,

 

On behalf of the following organizations representing millions of American taxpayers, we congratulate your strong leadership in helping pass the Tax Cuts and Jobs Act of 2017.  It’s extremely pro-growth, delivers real tax cuts to working families, and signals to the private sector that Washington is not interested in smothering the economy through bigger government.

 

To follow up on that success, we write to strongly recommend that you use your executive power as president to end the tax injustice that is currently included in the computation of capital gains. Specifically, we request an Executive Order that would index capital gains to inflation so that taxpayers do not pay taxes on “phantom” gains.

 

For much the same reason that regular income tax brackets were indexed to inflation over 30 years ago, we believe that it is only a matter of fairness to do the same for capital gains.

 

For example, if someone saving for retirement purchased an S&P index fund for $1,000 in 2008 and dutifully held it for ten years, they could now sell it for $1934.  That’s a gain of $934.  Unfortunately, the full amount would be subject to taxation.  But $168 of that $934 isn’t a real gain at all.  It’s phantom income that was eaten away because of inflation.  And yet, taxpayers are currently forced to pay taxes on this nonexistent income.

 

Signing this Executive Order would have an immediate, pro-growth effect on the American economy. The real after-tax rate of return on all equities would immediately be priced higher – thereby increasing the wealth held by the millions of working and retired Americans who own 401ks, IRAs, mutual funds, and brokerage accounts. It would further encourage people to expand their savings, and incentivize people to start doing so. By preventing the money from unjustly going to the government, it could be re-invested in the economy, allowing businesses to expand, innovate, and create more jobs.

 

We endorsed this Executive Order in 2017, but we suspended our efforts so that it did not confuse the tax reform debate.  Now that tax cuts has been successfully passed into law, we believe now is the right time to continue your successful leadership in bringing about real economic growth through additional tax cuts.  This executive order would do just that.

 

Sincerely,

 

 

David McIntosh

President

Club for Growth

 

Grover Norquist

President

Americans for Tax Reform

 

Dan Holler

Vice President

Heritage Action

 

Jason Pye

Vice President of Legislative Affairs

FreedomWorks

 

Phil Kerpen

President

American Commitment

 

Heather R. Higgins

President and CEO

Independent Women’s Voice

 

Carrie Lukas

President

Independent Women’s Forum

 

Olivia Grady

Senior Fellow

Center for Worker Freedom

 

James Martin

Founder/Chairman

60 Plus Association

 

Palmer Schoening

Chairman

Family Business Coalition

 

Karen Kerrigan

President & CEO

Small Business & Entrepreneurship Council

 

Sal J. Nuzzo

Vice President of Policy

The James Madison Institute

 

Brian Garst

Vice President

Center for Freedom and Prosperity

 

Jeffrey Mazzella

President

Center for Individual Freedom

 

Rick Manning

President

Americans for Limited Government

 

Pete Sepp

President

National Taxpayers Union

 

Larry Kudlow

Committee to Unleash Prosperity

 

David Williams

President

Taxpayers Protection Alliance

 

Chrissy Harbin

Vice President of External Affairs

Americans for Prosperity

 

Nathan Nascimento

Executive Vice President

Freedom Partners Chamber of Commerce

 

Daniel Garza

President

The LIBRE Initiative

 

David Barnes
Policy Director

Generation Opportunity

 

Daniel Schneider

Executive Director

The American Conservative Union

 

Amy Kremer

Co-Founder & Co-Chair

Women for Trump

 

Norm Singleton

President

Campaign for Liberty

Conservative Coalition Demands Transparency in Earmark Debate

Stacy French - January 28th, 2018

January 26, 2018

 

Speaker of the House Paul D. Ryan

U.S. House of Representatives

Washington, D.C.  20515

 

Dear Mr. Speaker,

 

On behalf of the undersigned organizations and our millions of members, we appreciate your leadership in bringing the debate over earmarks into the open after the attempt to modify the earmark moratorium in the Republican Conference on November 16, 2016.

 

Following that meeting, you were quoted by sources in the room that you wanted a “more thorough process to look at this issue” and that it was not appropriate to reinstitute earmarks in a secret-ballot process.

 

We agree that any modification of the earmark moratorium or any legislation related to earmarks must be done through a recorded, public vote, and urge you to reiterate your commitment to this process.

 

Earmarks are corrupt, inequitable, and wasteful.  They circumvent the authorization and appropriations process.  The history of earmarks is not apparent to the more than 60 percent of House Republicans who were elected following the establishment of the moratorium in 2011.  While these members may be tempted by the promise of earmarks, they should be aware that at best they might get a few morsels of pork.  In the 111th Congress, 81 appropriators (50 in the House and 31 in the Senate), who constituted 15 percent of the entire Congress, purloined 51 percent of the earmarks and 61 percent of the money.

 

We understand that if a vote for the return of earmarks takes place outside of the legislative process, it could be behind closed doors in a Republican Conference meeting, or possibly at the Republican retreat on January 31-February 2.  Those who call for reviving earmarks claim that they will be more transparent and accountable than in the past.  If that is the case, a secret vote gives little confidence to taxpayers that a new earmark regime would be above board.

 

We do not support a restoration of earmarks in any way and continue to advocate for a permanent earmark ban.  But, if a vote to restore earmarks were to take place, we respectfully urge you to ensure that the vote tally is made public, so that the American people can know who decided to bring back bridges to nowhere, indoor rainforests, and teapot museums.

 

Sincerely,

 

Tom Schatz, President, Council for Citizens Against Government Waste

 

Adam Brandon, President, FreedomWorks

 

Pete Sepp, President, National Taxpayers Union

 

Grover Norquist, President, Americans for Tax Reform

 

David McIntosh, President, Club for Growth

 

Senator Jim DeMint

 

Edward Corrigan, Former Executive Director of the Senate Steering Committee

 

David Williams, President, Taxpayers Protection Alliance

 

Carrie Lukas, President, Independent Women’s Forum

 

Heather R. Higgins, President and CEO, Independent Women’s Voice

 

Michael A. Needham, CEO, Heritage Action for America

 

Andrew Quinlan, President, Center for Freedom and Prosperity

 

Jonathan Bydlak, President, Coalition to Reduce Spending

 

Ryan Alexander, President, Taxpayers for Common Sense

 

Lisa B. Nelson, CEO, ALEC Action

 

Jim Martin, Founder and Chairman, 60 Plus Association

 

Olivia Grady, Senior Fellow, Center for Worker Freedom

 

Phil Kerpen, President, American Commitment

 

George Landrith, President, Frontiers of Freedom

 

Jenny Beth Martin, Chairman, Tea Party Patriots Citizens Fund

 

Victor Riches, President and CEO, Goldwater Institute