Here is the Heritage Take on the top issues today. Please reply to this email to arrange an interview.
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Congress Must Not Hold Hurricane Funds Hostage for More Ukraine War Money
- The White House has asked Congress for a supplemental funding bill that adds money to FEMA’s depleted Disaster Relief Fund (DRF). The request will also include billions in new funding for military aid to Ukraine in its battle against Russia.
- This proposal isn’t about whether or how America should continue to support Ukraine. It’s about whether our political representatives are going to hold hostage funds reserved for Americans in order to spend more money in Ukraine.
- This gimmick with FEMA funds is an insult to all Americans who will be vulnerable to hurricanes in coming months.
- Until Biden presents a direct and immediate path to end the conflict in Ukraine, and Congress comes up with a way to ensure that our aid is responsibly distributed, the Heritage Foundation will stand firm and demand that not another cent is spent fighting this war.
Schedule an Interview: Victoria Coates and Alex Velez-Green
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Biden’s ‘Manufacturing Boom’ Is Manufactured Nonsense
- It turns out that the manufacturing boom is manufactured, with your tax dollars fueling the furnace.
- Under President Biden, government spending has increased by trillions of dollars, including hundreds of billions in manufacturing subsidies for politically favored industries such as green energy. This has artificially boosted key numbers like gross domestic product and construction spending in the manufacturing sector.
- Biden’s bloated subsidies for manufacturing are like painkillers masking the symptoms of cancer.
- This is troubling because when manufacturing falls, the rest of the economy tends to fall into recession.
Schedule an Interview: EJ Antoni
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Democrats Proposed Wealth Tax Spells Doom for Entrepreneurs and Economic Growth
- A group of far-left lawmakers have introduced the Oppose Limitless Inequality Growth and Reverse Community Harms (OLIGARCH) Act. While the bill’s authors claim it will soak the rich, it can be accurately described as an economic devastation bill.
- This newly proposed OLIGARCH Act should alarm anyone who wants to start a business, build up wealth for retirement, leave an inheritance for their children, or just see the economy grow for everyone.
- The bill’s authors fundamentally misunderstand wealth and its value to society. They assume that wealth is bad, that extreme wealth is worse, and that it’s the government’s job to stop people from getting too wealthy.
Schedule an Interview: Richard Stern
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