By Andy Blom, TES Contributor
While the media screams about Mexico, Tariffs, The Mueller Report and Impeachment, free market conservatives are working every day on legislation, policy initiatives and practical approaches. Here’s a roundup of this week’s activity in Washington…
- Heritage Foundation Attacking the Debt. The Heritage Foundation has focused its impressive resources on one of America’s gravest problems: the spiraling National Debt. In introducing Blueprint for Balance Heritage offers a Federal Budget for FY 2020 that balances the budget while reducing taxes, reforming entitlement programs, prioritizing National Defense and growing the economy. Details are available at heritage.org/BlueprintForBalance
- Medicare/Medicaid for Americans Retiring Abroad. The Governmental Saving Institute has introduced a plan to reduce entitlement spending while uniting American Families. The plan would allow, or encourage, Americans who had been living in the U.S. for the past 10 years to retire abroad while retaining their Medicare/Medicaid coverage. As health costs are much lower overseas, coverage would be capped at 60-65% of current U.S. costs. The GSI estimates that would realize a saving of approximately $100,000 per annum per person., while serving to reunite families. Estimates of 2-3 million Americans retiring overseas (there are presently over 9 million Americans living permanently abroad) would save $200 -$300 billion annually – about half the 2020 projected debt service of the U.S. Government. For more, contact Phillipe Blumenthal at Phillipeblumenthal@hotmail.com
- CEI: The Cost of Carbon Tax. As legislative interest resurfaces in a possible carbon tax the Competitive Enterprise Institute has released a new video “Carbon Tax Scheme Explained” that outlines the ways the increased costs of a carbon tax would be passed on to American Families. While frequently packaged as a cost to business or industry, these costs are inevitably passed on to consumers. Watch the video at cei.org/carbontax.
- Re-opening Marine Monuments to the American Fishing Industries. The National Coalition for Fishing Communities is attempting to reverse Obama Administration Executive Action that placed large areas of U.S. Waters off limits to the American fishing industry. With almost 5,000 square miles of the Northeast Canyon, and over 60% of U.S. Pacific waters off limits by executive fiat American long line and other commercial fishing is suffering in comparison to our foreign competitors. This hurts businesses of all sizes, the economies in which they operate, and obviously increases consumer costs. The NCFC points out that these monuments were established under the antiquities act under pressure from environmental groups and ignored the sustainability programs already instituted by the fishing community as well as opposition by local stakeholders. The Coalition is seeking a reversal of the executive action by the White House. Contact Bob Vanasse at email@example.com.
- USGS Highlights Importance of Rare Minerals. Bringing to light too little known information on the U.S. interdependence on rare earth minerals unavailable in the United States, the U.S. Geological Survey shared information on our growing need for minerals for our advanced technology. A U.S. Navy Seal, for instance, depends on equipment requiring minerals from China, South Africa, Australia, Canada, Mexico and the Congo. Your mobile device requires a much broader array of earth minerals from 18 countries. Info at http://minerals.usgs.gov
- 13th International Conference on Climate Change, Thursday July 25, 2019, Trump International Hotel, Washington, D.C.. ICCC-13 will bring together Climate Realists, scientists and policy makers, to summarize the best available climate science and recommend policy for America to lead a post-alarmist world. Sponsored by The Heartland Institute. Register or learn more at www.heartland.org, or call 312/377/4000.
- Legislation Below the Radar: BATSA. BATSA, the Business Activity Tax Simplification Act (H.R. 3063) Introduced by Rep Bobby Scott (D. Va.) and Rep Steve Chabot (R. OH) on June 3rd would be a boon to all businesses (and consumers eventually) doing business across state lines. Under the legislation, states would only be able to impose business activity taxes on companies that have a meaningful physical presence in that state. That means it would stop the growing practice of sates taxing businesses (think Amazon for example) who are not truly present in their geographical area but are still serving customers. Taxes that would, of course, hinder business growth and eventually be passed on to consumers.
- 2019 Western Conservative Summit, Defending Religious Freedom & America’s First Amendment, July 12-13, Colorado Convention Center, Denver. Web site.
- Leadership Institute International School of Fundraising, July 23-26, Rome, Italy. Web site.
- Austrian Economics Center, Hayek Institut, and Fundacion Internacional Bases, Austrian School of Economics in the 21st Century, November 13-14, Vienna, Austria. Web site.
Short Takes. Citizens for Accountable Taxation wants you to know about abusive property taxes in New Jersey at firstname.lastname@example.org; Andrew Langer is concerned about states violating IP/Software Economics and Property Rights, reach him at email@example.com
Andy Blom is a longtime denizen of Washington D.C.