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WG Economy
Biden Economy Tour 2.0
WG Economy | David Winston
March 29, 2023
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The US economy has been in chaos over the past month, with the fallout of Silicon Valley Bank, contagion to other financial institutions, persistent inflation, and the Fed in a dilemma about how to proceed. Last Sunday's Bloomberg email led with "Hope you've had a great weekend. There weren't any major bank failures..." demonstrating how volatile the day-to-day situation has become. In response to the crisis, the White House has begun a 3-week economic tour to "barnstorm [the] country to highlight how Biden's economic agenda is growing the economy from the middle-out and bottom-up, not top down." WG Economy, March 29, 2023.pdf |
Republicans want to cut $1 trillion in spending - and instead of introducing 1 bill, they've introduced 500 to do just that
Business Insider | Ayelet Sheffey and Juliana Kaplan
March 30, 2023
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Why have one bill laying out your spending cuts when you can have 500? It's a question that the GOP is now asking, as their plans to make sweeping cuts finally come into focus.
Republican lawmakers just made their latest move in the ongoing drama to raise the debt ceiling and cut spending. Republicans and Democrats have been going back and forth for months over how to keep the US from defaulting on its debt - something that could happen as soon as July - and after President Joe Biden released his budget, he's been calling on GOP lawmakers to do the same and detail what spending they want to cut in a potential debt ceiling deal.
Now, Republicans have some ideas - or rather, over 500 proposed bills for limiting funding to a slew of federal government programs and agencies. Read more
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Weaponization hearing devolves into chaos as Democrat shouts at Republicans over witness testimony
'I wanna strike it,' Rep. Stephen Lynch, D-Mass., said of testimony provided Thursday by Republicans
FOX News | Kyle Morris
March 30, 2023
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A House Weaponization Subcommittee hearing went off the rails Thursday as one Democratic congressman shouted at Chairman Jim Jordan, R-Ohio, over his party's ability to "cross-examine" testimony provided by prominent Republicans.
The hearing - held to examine the Biden administration's alleged collusion with Big Tech to violate First Amendment rights - featured testimony from Louisana Attorney General Jeff Landry; Sen. Eric Schmitt, formerly Missouri's attorney general; and the former Missouri deputy attorney general for special litigation, D. John Sauer.
The witnesses were provided the opportunity to discuss their federal government censorship lawsuit, Louisiana and Missouri v. Biden et al., which they filed in May 2022 and described as "the most important free speech lawsuit of this generation."
Massachusetts Democrat Rep. Stephen Lynch was incensed when the witnesses left after giving their initial statements. "At least if we're not gonna have the ability to cross-examine, I would move that we strike the testimony provided by Sen. Schmitt and Attorney General Landry," Lynch told Jordan. Read more
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WG Discussion Points
Does Washington Have A Spending Or Revenue Problem?
WG Discussion Points | David Winston
March 24, 2023
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This 2-minute video looks at how the US electorate sees government spending, with a comparison of spending and revenue estimates from the Congressional Budget Office. |
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Don't miss the latest episode of the GOPAC Podcast!
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