By Andy Blom, TES Washington Editor
Washington is tied up in knots. Raise the debt ceiling? Keep the government funded? Pass the bipartisan infrastructure bill (with or without the $3.5 Trillion Remake America bill)? Block the bipartisan infrastructure bill? Pass the $3.5 trillion Remake America bill? Raise the debt ceiling to pay for the $3.5 trillion bill that “doesn’t cost a cent”? Only two things are likely — whatever happens Washington will blame The Other Guy, and the average Joe and Jane American taxpayer are going to get stuck with the bill. At least free market thinkers and doers are working to rein in the worst of the mess. Here’s this week’s news…
Don’t trust Congress on Antitrust? Sign here…Democrats, and some Republicans, are feverish in their desire to break up Amazon, Facebook and any other Big Tech that ticks them off. Who benefits if they do? Not the worker (see TES featured story here) or the consumer. But Congress and the Biden Administration would get a lot more power. Americans for Tax Reform is leading a coalition letter to tell Congress “just hold on”. It tells the whole story here.
And now some Good News for Oklahoma Businesses. How often do you hear this — insurance rates are going down! Workers Comp Insurance Loss Costs, that is. And that means lower premiums for many Oklahoma businesses. Read the good news here and hope it’s coming sooner to your state.
Back to (Communist) Basics – China Ditches Capitalism. Well that worked well, so let’s end it. The Chinese Government’s experiment with more open capitalism was so successful it has come to a screeching halt. President Xi Jinping feels the Chinese have drifted too far from Chairman Mao’s original vision of a socialist utopia so he’s putting on the brakes. Lingling Wei haas the full story in the Wall Street Journal.
Ten Things to Hate About the $3.5 Trillion Reconciliation Bill. Okay, it’s a huge bill with lots of bad news, including some fearsome hidden tax hikes. So let’s eat the elephant a few bites at a time. Americans for Tax Reform gets you started with ten of the most radical proposals right here. The bad news? There’s lots more to come.
Oklahoma Election News — Fed Law is not OK! Congress is messing around with a trio of election laws that would give the Federal Government considerable control over how states run elections and Oklahoma State Election Board Secretary Paul Ziriax doesn’t like it one little bit. He sent a letter to Oklahoma’s two Senators detailing his concerns, concerns that are echoed by other election officials and state attorneys general around the country. Should you be worried? See his concerns here and make your own decision.
Andresen Blom is a Washington based policy and political analyst and author who has been published in The Wall Street Journal, The Hill, and Politico.