Free Trade

Club for Growth TV Ad Urges Louisiana Congressmen Boustany and Richmond to End Support of Corrupt Export-Import Bank

Doug Sachtleben - June 15th, 2016

“Louisianians should urge them to stop backing corporate welfare.”

Washington, DC – The Club for Growth announced the launch of a 30-second television ad urging Congressmen Charles Boustany (LA-03) and Cedric Richmond (LA-02) to stop supporting the corrupt Export-Import Bank:

“The Export-Import Bank is a corrupt Washington agency that doles out corporate welfare to a small handful of favored big companies,” said Club for Growth President David McIntosh. “Some members of Louisiana’s congressional delegation have voted against Ex-Im, but Congressmen Boustany and Richmond have continued to support it. It’s important that their constituents know, and that they call Boustany and Richmond to urge them to stop backing corporate welfare.”

Note: The ad will begin airing tomorrow on broadcast and cable TV throughout Louisiana’s 2nd and 3rd Congressional districts.

The ad can be viewed here.

 

Club for Growth

TV :30

 

“Corporate Welfare”

 

THE EXPORT-IMPORT BANK.

 

A FAILED FEDERAL AGENCY SO RIDDLED WITH FRAUD, IT’S BEEN CALLED A PETRI DISH OF CORRUPTION AND GRAFT.

 

CORPORATE WELFARE AT ITS WORST, THE BANK SPENDS BILLIONS OF TAX DOLLARS SUPPORTING JUST A HANDFUL OF GIANT CORPORATIONS.

 

OBAMA AND CLINTON SUPPORT IT.

 

SO DO LOUISIANA CONGRESSMEN CHARLES BOUSTANY AND CEDRIC RICHMOND.

 

CALL BOUSTANY AND RICHMOND.

 

TELL THEM TO STOP SUPPORTING CORRUPT CORPORATE WELFARE.

 

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

The Club’s website can be found at https://www.clubforgrowth.org/

Senate Democrats Are Getting Desperate for More Export-Import Bank Cronyism

Doug Sachtleben - June 09th, 2016

“Senator Richard Shelby prevented their attempts to make an end-around past the Senate Banking Committee.”

Washington, DC – The Club for Growth released the following statement in response to today’s failed attempt by Democrats to circumvent the Senate Banking Committee and send President Obama’s nominee for the Export-Import Bank’s board of directors to the Senate floor:

 

“Only a few well-connected corporations are the largest beneficiaries of the Export-Import Bank, and they have Senate Democrats fighting to protect their corporate welfare,” said Club for Growth president David McIntosh. “Two Democrats from Washington state took up the fight for Boeing today, while a New York Democrat sought to protect the big banking interests that benefit Ex-Im’s working capital. Fortunately, Senate Banking Committee Chairman Richard Shelby (AL), prevented their attempts to make an end-around past the committee. Washington thrives on this kind of corrupt cronyism, and we applaud the work of Senator Shelby in taking a principled stand on behalf of taxpayers”

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

The Club’s website can be found at https://www.clubforgrowth.org/

 

 

Club for Growth Releases Annual Congressional Scorecard

Doug Sachtleben - April 28th, 2016

Washington, DC – Today, the Club for Growth released its 2015 Congressional Scorecard, which ranks the voting behavior of Members of Congress based on issues relating to limited government and economic growth.

To view the Club for Growth’s 2015 Congressional Scorecard and all prior scorecards, click here.

“Despite slight progress in 2015, Congress has a lot of room for improvement on pro-growth policies,” said Club for Growth President David McIntosh. “The number of Members receiving the Club’s Defender of Economic Freedom award is up, but still represents only a small percentage of the Republican majorities in Congress. Economic freedom should be a leading theme in the policies coming out of Capitol Hill. Unfortunately, too many Republicans are still committed to big government and big spending, which makes it all the more important that we recognize those lawmakers who are fighting daily to shrink government and the federal bureaucracy that is choking our free markets and the economy.”

This year, 37 Members of Congress will receive the Club for Growth’s Defender of Economic Freedom award. Starting in 2011, the Club for Growth required Representatives and Senators to not only score 90 or better on votes cast in a year, but to also maintain a lifetime rating of at least 90.

The Club for Growth 2015 Congressional Scorecard is based on 29 votes taken in the House of Representatives and 25 votes taken in the Senate.

Highlights from the Club for Growth’s 2015 Congressional Scorecard

Only one United States Senator received a perfect score in 2015: Senator Mike Lee (UT).

Senators Ben Sasse (NE), Marco Rubio (FL), Ted Cruz (TX), Jeff Flake (AZ), Tom Cotton (AR), and Jim Risch (ID) had 2015 scores and lifetime scores high enough to qualify for the Defender of Economic Freedom award.

Thirty House members (up from 25 last year) who received scores of 90 or better in 2015 also had lifetime scores of 90 or better to qualify for the Defender of Economic Freedom award.

Three House members received 100% ratings in 2015. Of those, two had a lifetime rating of 100: Congressmen John Ratcliffe (TX-04) and Tim Huelskamp (KS-01). Rep. Scott DesJarlais (TN-04) also had a 100% rating in 2015.

Six Senate Democrats scored zero in 2015, and the highest score of any Senate Democrat, by Senator Joe Manchin (WV), was a mere 23.

The lowest scoring Republican was Senator Susan Collins (MN) with a 25.

Republican leadership scores in 2015 were:

Senate Majority Leader Mitch McConnell (KY) – 62

Senate Majority Whip John Cornyn – 63

House Speaker Paul Ryan (WI-01) – 73

House Majority Leader Kevin McCarthy (CA-23) – 68

House Majority Whip Steve Scalise (LA-01) – 65

House Republican Conference Chair Cathy McMorris Rodgers (WA-05) – 58

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

The Club’s website can be found at https://www.clubforgrowth.org/

National Review Op-Ed: The House Should Go Big: Temporary Tariff Reform Creates More Problems Than It Solves

Doug Sachtleben - April 25th, 2016

http://www.nationalreview.com/article/434487/tariff-reform-permanent-sweeping-tariff-reductions-should-move-house

The House Should Go Big: Temporary Tariff Reform Creates More Problems Than It Solves

By David McIntosh & Michael A. Needham — April 25, 2016

“I mean [to] show what we would do, what our ideal policy would be.” That was newly elected House speaker Paul Ryan’s promise in December. For Americans who have been anxiously awaiting the type of “bold, pro-growth” policies Speaker Ryan had in mind, those were encouraging words. While Republican presidential candidates were putting forward proposals to cut marginal tax rates, we looked forward to the Ryan House moving major tax reform through the Ways and Means Committee and on to the House floor — but so far all we have seen is a bill to reform the miscellaneous-tariff-benefits process.

Most readers would be forgiven if they had never heard of a miscellaneous-tariff benefit, or MTB. Up until 2012, it was an obscure, congressionally driven process to lower selective tariffs on certain products that were not produced in the United States, so long as the revenue generated by those tariffs did not exceed $500,000 annually. Generally, only one or two companies — usually massive chemical conglomerates — would directly benefit from the tariff reductions, which expired every three years, prompting another round of lobbying.

In 2012, the process ground to a halt when congressional Republicans realized that moving forward with an MTB package would violate the hard-won ban on earmarks. In fact, Democratic and Republican appropriators secretly hoped that would be the case — they hoped it would lead to the end of the earmark ban altogether. Now, nearly four years later, House Ways and Means chairman Kevin Brady (R., Texas) and a bipartisan coalition of lawmakers believe they have found a way to revive the MTB process without running afoul of the earmark ban. In the words of Dave Reichert (R., Wash.), the chairman of the subcommittee on trade, the plan “is consistent with the rules of the House, and upholds our strong ban against earmarks.”

Going after MTBs certainly isn’t bold: Chairman Brady and Speaker Ryan can show real leadership by amending the new MTB proposal — the American Manufacturing Competitiveness Act of 2016 (H.R. 4923) — in one of three ways.

First, simply eliminate all tariffs that generate less than $500,000 per year in revenue for the federal government, which is the current threshold for MTB requests. This would be exactly the type of bold, pro-growth policy Speaker Ryan clamored for last year. It also has the benefit of being more straightforward than forcing companies to petition the International Trade Commission (ITC), the federal agency charged with refereeing the miscellaneous-tariff-benefit applications, and it would significantly reduce the number of lobbyists engaged in the debate.

Second, make permanent any tariff relief enacted through the new process. Similar to the much-maligned annual tax-extenders process, temporary tariff reductions do not create certainty for American manufacturers. And they are similar to earmarks because the lobbyists and consultants who will advise businesses through the new process will inevitably be found lying in wait for billable hours — and Congress will turn around and fleece them for campaign contributions every three years. Permanency would reduce the influence of lobbying, create certainty for American manufacturers, and allow Congress to move different trade-related priorities forward instead of continually revisiting minor tariff relief.

Third, change the criteria by which the ITC evaluates proposals. The committee’s executive summary explains that the ITC will ensure “that there is no domestic production [of a particular product] – with suggested technical changes and adjustments in product scope to protect our domestic producers.” A tariff is a tax designed to shield some American companies from international competition. While that may be good for a specific company’s short-term outlook, over the long run it’s bad for the company, consumers, and the economy as a whole.

“Imports of manufactured goods are extremely important for the manufacturing sector,” explains the Federal Reserve Bank of St. Louis. “Specifically, imports of intermediate goods contribute significantly to the industry’s strong rate of productivity growth.” Applying that process to all small tariffs would open the process, driving down costs for domestic manufacturers and American consumers.

If House Republicans want to do more than adhere to the letter of the earmark ban, they should use this opportunity to explain how tariffs hurt consumers, manufacturers, and America’s economy. It cannot be said enough: Tariffs act as a tax on imported goods, increasing costs to consumers and making it more difficult for American firms to compete with foreign companies. Tariffs are not the antidote to our ailing economy, they are an accelerant that damages it even further.

The House should be bold — use MTB reform to start permanently eliminating tariffs altogether.

— David McIntosh is the president of the Club for Growth. Michael A. Needham is the chief executive officer of Heritage Action for America.

In The News… 4.13.16

Stacy French - April 13th, 2016
  • C. Boyden Gray blasts the Consumer Finance Protection Bureau for its unconstitutional regulatory burden, Washington Times
  • Trib Live on the dignity of free trade and why protectionism forces the consumer to serve the producer