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Conservatives in U.S. House Release Budget Plan

On April 25, Republican Study Committee (RSC) Chairman Mark Walker and RSC Budget and Spending Task Force Chairman Tom McClintock released the RSC's annual budget proposal for FY 2019 entitled "A Framework for Unified Conservatism." Following is the executive summary:

Unites Conservatives by accomplishing long-time conservative priorities

  • Reins in federal spending to present a path to balance in eight years.
  • Refocuses federal spending on core constitutional responsibilities like national security.
  • Provides reconciliation instructions to allow for mandatory spending reforms, Obamacare repeal, welfare reform, and the permanent extension of tax cuts.

Fully funds national security as threats emerge from North Korea, Iran, Russia and China.

  • Honors the President's defense funding request with $716 billion in FY 2019, increasing to $800 billion in FY 2028, for a total of $7.571 trillion for national security over the next decade.
  • Breaks the artificial "firewall" in discretionary spending to deconstruct the notion of parity between national security spending and the bloated non-defense programs.
  • Invests in readiness, a robust naval fleet, and responsiveness to threats in multiple theaters.

Provides A Responsible Fiscal Path

  • Reduces spending by more than $12.4 trillion compared to current law over ten years.
  • Balances the budget in 8 years.
  • Lowers FY 2019 non-defense discretionary to $355 billion and reverses planned cap increases.
  • Cuts and eliminations target programs that fall outside of Article I legislative authority and that are duplicative, unnecessary, wasteful, or ineffective and limits funding for unauthorized programs.

Makes Social Security Solvent

  • Implements the Social Security Reform Act, to achieve long-term sustainable solvency.
  • Phases in an increase of the eligibility age to 70 to keep up with increases in longevity.
  • Updates to a more accurate system for calculating cost-of-living adjustments for those most in need.
  • Modernizes the benefit formula for new retirees, provides additional support for the most vulnerable, reduces barriers to staying active in retirement, and prohibits overpayment debt discharge.

Saves Medicare

  • Saves and improves Medicare by providing more choices, lower costs, and a simpler model.
  • Reduces costs for beneficiaries by implementing premium support in 2023, while including traditional fee-for-service as an option.
  • Phases in an increase to eligibility age to align with Social Security and account for longer lifespans.
  • Combines Parts A & B, reforms Medigap, and phases in increased premiums and means testing.
  • Without reform, the Medicare Trust Fund is depleted by 2029.

Empowers Americans to Ensure Opportunity, Upward Mobility, and Self-Sufficiency

  • Rewards work and earned success to empower American individuals, families, & local communities.
  • Requires work, job search or training, or volunteering by all able-bodied adults to qualify for government assistance.
  • Implements reforms to eliminate marriage penalties, fight fraud, and allow for more state flexibility.
  • Postpones benefits until full-citizenship granted.

Restores Article I and Fixes the Budget Process

  • Identifies reforms to restore a properly limited and accountable federal government.
  • Holds the administrative state accountable to the people.
  • Permanently bans earmarks, restores the Article I power of the purse, increases transparency, undoes permanent authorizations, and promotes conversion of mandatory programs to discretionary.

Protects Conservative Values

  • Protects the Second Amendment, secures the border, protects life, and preserves religious liberty.
Posted April 27, 2018

Tax Cuts Will Generate Greater Economic Opportunity

Fact Sheet from the White House:

ENCOURAGING ENTREPRENEURSHIP: Small business owners will be able to grow and thrive under the Tax Cuts and Jobs Act.

  • The Tax Cuts and Jobs Act will help more American entrepreneurs gain the financial footing they need to expand and invest in their futures.
    • Small businesses which organize as sole proprietorships, S corporations, and partnerships will be able to deduct 20 percent of their qualified business income.
    • Businesses will be able to fully write off the cost of capital investments for the next 5 years.
  • Optimism among small business owners continues to soar following the President's signing of the Tax Cuts and Jobs Act into law.
    • Small business confidence surged to a record high following the passage of tax reform, according to a CNBC/Survey Monkey survey.
    • Optimism among small business owners remains at a historically high level, according to a National Federation of Independent Businesses (NFIB) survey from March 2018.
    • Small business optimism reached an eleven-year high in the first quarter of 2018, according to the Wells Fargo/Gallup Small Business Index.
  • President Trump's tax cuts will benefit small businesses, including minority-owned businesses, which are a critical driver of our Nation's economic success.
    • Minority-owned businesses generate more than $1 trillion in economic output annually.
    • The number of minority-owned businesses is growing at a faster rate than non-minority owned businesses.
    • Nearly 8 million Americans are employed by minority-owned businesses.
  • A recent survey by the Chamber of Commerce and MetLife shows that minority-owned businesses are looking forward to even more success in 2018.
    • 93 percent of minority-owned businesses expect to have a good year in 2018 according to the MetLife and Chamber of Commerce Small Business Index.
    • 71 percent of minority-owned businesses are expecting an increase in revenue in 2018.

GREATER OPPORTUNITY FOR WORKERS: The Tax Cuts and Jobs Act will help spur more business growth and job creation, benefiting American workers.

  • Businesses are ready to expand as a result of the tax cuts and reforms signed into law by President Trump, creating more employment opportunities for those seeking work.
    • Expected employment growth for 2018 has reached an all-time high among American manufacturers, according to a National Association of Manufacturers (NAM) survey.
    • Job creation plans among small businesses remain at a historically high level according to a March 2018 survey by the National Federation of Independent Businesses.
  • The Tax Cuts and Jobs Act will build upon Administration efforts to revitalize the American economy and increase economic opportunity for all.
    • More than 2.5 million jobs have been created since President Trump took office.
    • The unemployment rate has remained at a 17-year low of 4.1 percent since October of last year.
    • In 2017, Hispanic and African American unemployment rates reached their lowest levels on record.

REVITALIZING COMMUNITIES: The Tax Cuts and Jobs Act signed into law by President Donald J. Trump will expand economic opportunity in underserved communities.

  • The Tax Cuts and Jobs Act includes the bipartisan Opportunity Zones Program, which will incentivize investment in economically distressed communities designated as Opportunity Zones.
    • More than 52 million low-income Americans live in communities that may benefit from the Opportunity Zones Program.
  • Investments are pooled into Opportunity Funds and deployed into communities where they will help fund new and small businesses, develop blighted properties, finance construction and refurbishment, and more.
  • On April 9, 2018, the Treasury Department and the Internal Revenue Service (IRS) announced the first round of Opportunity Zone designations for communities in 18 States.
Posted April 25, 2018

Republican Open House seats November 2018

To date, over thirty Republican members of the U.S. House of Representatives have announced they will not be seeking re-election in November 2018. Most will be retiring from politics. The dozen plus running for Senator or Governor have their names in italics in the list below.

Many are solid conservatives. Some are not. Conservatives need to win as many of these seats are possible. Conservative Victory Fund will be involved in the campaigns for many of these seats to help ensure conservatives are elected.

District Current Incumbent
AZ-2 Martha McSally
CA-39 Ed Royce
CA-49 Darrell Issa

FL-6

FL-15

Ron DeSantis

Dennis Ross

FL-27 Ileana Ros-Lehtinen
ID Raul Labrador
IN-4 Todd Rokita
IN-6 Luke Messer
KS-2 Lynn Jenkins
MI-11 Dave Trott

MS-3

ND

Gregg Harper

Kevin J. Cramer

NJ-2 Frank LoBiondo
NM-2 Steve Pearce
OH-16 James Renacci

PA-6

PA-9

Ryan A. Costello

Bill Shuster

PA-11 Lou Barletta
PA-15 Charlie Dent

SC-4

SD

Trey Gowdy

Kristi Noem

TN-2 John J. Duncan Jr.
TN-6 Diane Black
TN-7 Marsha Blackburn
TX-2 Ted Poe
TX-3 Sam Johnson
TX-5 Jeb Hensarling
TX-6 Joe Barton
TX-21 Lamar Smith
TX-27 Blake Farenthold
VA-6 Bob Goodlatte
WA-9 Dave Reichert

WI-1

WV-3

Paul Ryan

Evan Jenkins

Posted April 19, 2018

Major Points From the White House: President Trump's Executive Order on Economic Mobility (Welfare Reform)

  • The order provides nine "Principles of Economic Mobility," which will guide agencies that administer public assistance programs to effectively reform the welfare system by directing that they:
    • improve employment outcomes and economic independence;
    • promote marriage and family as a way of escaping poverty;
    • address the challenges of hard-to-employ populations;
    • provide more flexibility to States, while ensuring accountability for achieving outcomes;
    • streamline services to more effectively use taxpayer resources;
    • reserve benefits for those truly in need;
    • consolidate duplicative programs;
    • facilitate greater sharing of information between States and localities; and
    • empower the private sector to find solutions to poverty.
  • The order focuses on increasing opportunities for those in need by:
    • strengthening current work requirements;
    • empowering States, localities, tribal governments, and private-sector entities to serve individuals and families in need; and
    • using taxpayer dollars for their intended purpose, which includes ensuring only eligible persons receive benefits.
  • The order directs Federal agencies that administer public assistance programs to:
    • review all regulations and guidance documents relating to work;
    • ensure such regulations and documents are consistent with the principles for reform;
    • send a report to the President on what they can do to get Americans back to work; and
    • take steps to implement such recommendations.
Posted April 17, 2018

Four Senate Republicans Retiring

Bob Corker, Tennessee

Jeff Flake, Arizona

Orrin Hatch, Utah

Thad Cochran, Mississippi

Senator Cochran resigned effective April 1 because of health concerns. Governor Phil Bryant (R) appointed Mississippi Commissioner of Agriculture and Commerce Cindy Hyde-Smith (R) to fill the seat on March 21, 2018. There will be a special election on November 6, 2018. If no candidate receives a majority of the vote in this election, a runoff will take place on November 27, 2018. The winner of the special election will serve the remainder of Cochran's term until January 3, 2021.

Posted April 17, 2018
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