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Tag: Economy
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Here’s How Americans Can Curtail ‘Autopilot’ Spending and Take Back the Federal Budget

Posted: July 19, 2016 at 1:48 pm   /   Friends

The federal budget is out of control. Autopilot spending currently consumes 68 percent of all tax dollars and will devour an ever-larger share of the budget in the future. If the lack of a congressional budget resolution this year is any indicator, Congress isn’t jumping at the chance to make meaningful reforms. However, time is […]

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You Need 4 Different Licenses to Shine Shoes in DC. Sen. Ben Sasse Wants to Change That.

Posted: July 18, 2016 at 1:18 pm   /   Friends

Republican Sens. Mike Lee of Utah and Ben Sasse of Nebraska have teamed up to challenge the issue of occupational licensing, which refers to the state and local rules that require job-seekers to obtain approval from the government before he or she can start working in that profession. Most agree that jobs that deal directly […]

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What It Means to Have a Trade Deal That Puts America First

Posted: July 15, 2016 at 7:20 am   /   Friends

The new Republican Party platform suggests: “We need better-negotiated trade agreements that put America first.” Here are nine ways future trade agreements could really put America–or more specifically, Americans–first. Trade agreements should: Guarantee U.S. manufacturers have the freedom to buy low-priced inputs like steel and raw materials free of export duties imposed by foreign governments […]

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How Will China’s Economic Slowdown Affect the U.S.?

Posted: July 14, 2016 at 2:36 pm   /   Friends

Since the 2008–2009 global recession, China has accounted for roughly one-third of global economic growth, by far the highest in the world. With a GDP of roughly $11 trillion (current prices), the second-largest in the world after that of the United States, any economic slowdown in this Asian juggernaut is bound to have enormous global […]

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Republicans Slip Ex-Im Language Into Appropriations Bill, Setting Up Fall Showdown

Posted: July 14, 2016 at 2:35 pm   /   Friends

Prominent Republicans in the House and Senate have resurrected a fight over the Export-Import Bank after slipping language into appropriations bills that would allow the contested agency to start effectively approving transactions benefiting its largest beneficiaries. Appropriators in both chambers passed legislation changing Ex-Im’s quorum requirements for its board of directors, but lawmakers are likely […]

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What We Can Learn From 1 Pastor About Winning the War on Poverty

Posted: July 14, 2016 at 11:20 am   /   Friends

One of the best parts of representing my home of North Carolina in Congress is getting to welcome constituents and friends to our nation’s Capital and displaying the work we are doing on their behalf. This week, I was proud to welcome my good friend and fellow North Carolinian, Pastor Odell Cleveland. Cleveland and I […]

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Grim Budget Projections Show Need for More Congressional Action, Less Rhetoric

Posted: July 14, 2016 at 9:47 am   /   Friends

A recently-released congressional report shows the depth of American fiscal problems and the need for lawmakers to tackle the nation’s dire financial situation. On Tuesday, the Congressional Budget Office released its 2016 Long-Term Budget Outlook. The annual publication projects the levels of U.S. spending, taxes, deficits, and the debt for the next 30 years. The […]

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Why This Senator From the Largest Coal-Producing State Opposes a Mine Worker Pension Bailout

Posted: July 13, 2016 at 3:34 pm   /   Friends

Wyoming produces 40 percent of the nation’s coal. That’s more than the next five largest coal-producing states combined. Yet, in a speech on the Senate floor Tuesday, Sen. Mike Enzi, R-Wyo., laid out why he opposes bailing out the United Mine Workers of America pension fund, and why taxpayers should too. The issue at stake […]

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Last Minute FAA Patch Comes With Some Downsides

Posted: July 13, 2016 at 9:36 am   /   Friends

The House Transportation and Infrastructure Committee released its stopgap measure to reauthorize the Federal Aviation Administration last week. The measure is a last-minute solution to avoid a funding lapse when the current authorization expires on July 15. Given the short timeline, the proposal already passed the House by voice vote on Monday and is expected […]

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