Jul 18, 2022

Inflation Is Likely to Hit Double Digits—and ‘Build Back Better’ Will Make It Worse

‘Old news’: President Biden tried to dismiss the report that consumer prices had shot up 9.1 percent in June by calling it “old news,” saying that inflation would soon moderate.

Bad news: But Joel Griffith, research fellow in economic policy studies, says inflation is likely to hit double digits this fall. Read his statement here.

Huge price tag: Research fellow EJ Antoni’s estimate that Bidenflation is costing workers $3,400 in lost wages got widespread coverage. Check out the story on Fox Business.

Worse news: Meanwhile, congressional Democrats are debating another version of “Build Back Better” that would only make matters worse. Read more about that here.

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‘Rogue Prosecutor’ Recall Wave Builds

Status of the Gascon recall: Voters in deep-blue Los Angeles are mounting a massive recall effort against George Soros-backed Los Angeles district attorney George Gascon.

Rogue’s gallery: The policies of “rogue prosecutors” like Gascon have unleashed a massive crime wave across the country.

Recall wave? San Francisco recently recalled its rogue prosecutor Chesa Boudin by a 10-point margin.

Learn more: Heritage has led the charge exposing these rogue prosecutors. Check out our compilation of reports here.

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Biden Prepares Regulatory Onslaught

Red tape rising: The Biden administration is on a regulatory tear, actively pursuing 2,673 rules in the next 12 months. 

Bad omen: This unconstrained expansion of the regulatory state exacerbates runaway inflation and inhibits recovery from the COVID-19 lockdown.

Read more: Diane Katz, senior research fellow with the Roe Institute for Economic Policy Studies, provides the details in an op-ed published in the Washington Times.

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ALWAYS ON OFFENSE
Heritage President Files Ethics Complaint Against Rep. Katie Porter for Slandering Heritage Expert

What’s news: During a hearing on gun laws, Rep. Katie Porter, D-Calif., falsely accused Heritage legal fellow Amy Swearer of perjury, then tweeted out a clip of the exchange that went viral.

Ethics violation: On Thursday, Heritage filed an official ethics complaint against Porter, saying she “grossly abused her privileges under the Speech and Debate Clause to publicly slander Ms. Swearer with impunity.”

Recourse: The complaint calls on the House Ethics Committee to reprimand Porter and recommend that she apologize to Swearer. Read more about the complaint here.

Getting attention: Fox News had the scoop on this story, which was among the most-read articles on FoxNews.com that day. Read the article here.

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What You Can Do to Stop Biden’s Radical Transgender Sports Rule

What’s news: The Biden administration is proposing a change to Title IX that would redefine “sex” to include “gender identity.” This would have profound consequences, not just for women’s sports, but for their safety, career prospects, and more.

What to do: You can help stop this rule from going into effect by contributing to a flood of comments attacking the proposed change. The comment period is open until Sept. 12.

How to do it: Heritage Action for America put the together tools you need to file comments. You can find the toolkit here.

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NEW RESEARCH AND COMMENTARY

• Local Governments Ban Natural Gas. Goodbye to the Gas Range and Cheaper Heat.
• Foreign Policy: Strategy for a Post-Biden Era
• Killing of Former Prime Minister Shocks Japan, but Shinzo Abe’s Legacy Lives On
• “Digital Babies” and the Culture of Lifestyle Over a Culture of Life
• For Left-Wing Lawmakers, Only “Choice” Permitted Is Abortion
• Library Group Recommends ‘Pronoun Book’ for Infants
• Woke Academic Gobbledygook Makes You Rich and Famous
• Democrats Could Make a Recession Even Worse
• Law, ICE Are “Irrelevant” to Biden Administration
• ‘We Are Not Tacos’: Hispanic Journalists Reprimand Jill Biden Over Use of Mexican ‘Stereotype’
• House GOP Task Force Aims to Cut Health Care Costs, Boost Patients’ Choices

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Double Your Impact for Life

Roe has been overturned—but the fight to rebuild our institutions and create a culture of life in America is just beginning. Will you answer the call? By acting now, you can make double the impact for life. Find out how you can support life today.

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DID YOU KNOW?

Heritage has assembled all the comments our experts have filed against proposed regulations coming out of the Biden administration. Filing comments is a way for the public to slow down, weaken, or even block new federal regulations from taking effect. Check out the page here.

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READER POLL

Last week we asked Agenda readers to weigh in on what they think the biggest threat facing the U.S. is today. Here are the results.

Future poll questions: Do you have a question you’d like Agenda readers to weigh in on? Send your suggestions for a future reader poll to [email protected].

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EVENTS

The Freedom Agenda and America’s Future, featuring Mike Pence, Monday, July 25, 5 p.m.

Former Vice President Pence talks about policies he believes will save our great nation and why we can’t give up the fight for America’s future.

Register here.

What’s Next in Syria: Captagon and Assad’s Booming Drug Empire, Tuesday, July 26, 2 p.m. Speakers include:

• Caroline Rose, senior analyst, Human Security Unit, Newlines Institute
• Dr. Muhammad Bakr Ghbeis, president, C4SSA

Register here.

Lessons Learned from the War in Ukraine, Thursday, July 28, 12:30 p.m. Speakers include:

• Bryan Clark, senior fellow, Hudson Institute
• Dr. Rebecca Grant, president, IRIS Independent Research
• David Johnson, retired colonel, U.S. Army

Register here.

A Tale of Three Presidential Houses: The Good, the Bad, and the Ugly, Friday, July 29, 10 a.m. The ‘woke’ left is co-opting Mount Vernon, Monticello, and Montpelier. Speakers include:

• Dr. William Allen, chief operating officer, Center for Urban Renewal and Education
• Dr. Samuel Gregg, visiting fellow, Simon Center for American Studies
• Dr. Peter Wood, president, National Association of Scholars

Register here.

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HERITAGE PODCASTS

“The Kevin Robert Show”: Will Congress throw its support behind the National Defense Authorization Act (NDAA) regardless of what's in it? Rep. Chip Roy, R-Texas, joins the show to discuss how the spending bill includes money for critical race theory and “green” initiatives. He also gives his take on the Biden border crisis. Listen to the episode here.

“Heritage Explains”: Inflation is at a 41-year high. Yet, President Joe Biden and his administration say that the economy is better than ever. This week, Heritage distinguished fellow Stephen Moore explains the truth about Biden’s economy. Listen to the episode here.

Check out Heritage’s complete lineup of podcasts here.

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HERITAGE IN THE NEWS

Heritage Foundation President Kevin Roberts joined the Fox News Sunday panel to discuss President Biden's trip to the Middle East and how the current political climate will influence the 2022 midterm elections. Check out the segment here.

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