The GOPAC Newsletter

News of Interest

WG Economy

Wall Street Wanted A Biden Presidency, And They Got It

WG Economy | David Winston

March 15, 2023

Markets are rattled with the SVB fallout, at a scale that the Fed may
reconsider rate hikes to settle things down. This follows the release of
the President's budget, which included numerous tax increases on investors
and businesses. This is not the first time we have seen many of the
proposed increases; many were included in some form during Build Back
Better negotiations. Although taxing unrealized gains was quickly abandoned
in 2021, it's back in the mix along with a host of others. [1]WG Economy,
March 15, 2023.pdf

Republicans introduce major energy package with party's top priorities

The Hill | Rachel Frazin

March 14, 2023

House Republicans on Tuesday afternoon introduced a sprawling energy
package aimed at boosting fossil fuels and mining and limiting
environmental reviews for infrastructure projects.

The nearly 200-page bill, which they announced last week would be H.R.1 -
signaling that it is the party's top priority - is highly partisan and is
unlikely to pass through a divided congress.

However, it does outline Republican goals and positions - particularly as
they seek to both criticize the Biden Administration's energy policies but
also try to find a bipartisan compromise for speeding up infrastructure
project approvals. [2]Read more

House Republicans win access to Biden's foreign banking documents

Hunter Biden's dealings may be included in the documents

FOX News | Anders Hagstrom

March 14, 2023

House Republicans will receive access to President Biden's foreign banking
documents, House Oversight Committee Chairman James Comer says.

Comer made the announcement during a televised appearance with Sean Hannity
on FOX News late Monday night. Comer says his committee came to an
agreement with the Treasury Department to allow access to documents
relating to Biden and his family, including Hunter Biden.

"We just got word that Treasury said they will give us access," Comer told
Hannity on Monday.

The Biden administration has yet to confirm such a move. [3]Read more

Trump, DeSantis neck-and-neck in Iowa as

Florida gov visits: Poll

NY Post | Josh Christenson

March 10, 2023

A new survey indicates that former President Donald Trump and Florida Gov.
Ron DeSantis are in a dead heat in the early voting state of Iowa - as
DeSantis made his first trip to the Hawkeye State as a prospective
presidential candidate Friday.

The Des Moines Register/Mediacom Iowa Poll found that 80% of
self-identified Republicans in the state had a "very favorable" or "mostly
favorable" view of the 76-year-old former president, while 75% said the
same of DeSantis. [4]Read more

A GOP war on 'woke'? Most Americans view the term as positive, USA TODAY /
Ipsos Poll finds

By 56%-39%, Americans say 'woke' means being aware of social injustice, not
being overly correct.

USA TODAY | Susan Page

March 8, 2023

Republican presidential hopefuls are vowing to wage a war on "woke," but a
new USA TODAY / Ipsos Poll finds a majority of Americans are inclined to
see the word as a positive attribute, not a negative one.

Fifty-six percent of those surveyed say the term means "to be informed,
educated on, and aware of social injustices." That includes not only
three-fourths of Democrats but also more than a third of Republicans.

Overall, 39% say instead that the word reflects what has become the GOP
political definition, "to be overly politically correct and police others'
words." That is the view of 56% of Republicans. [5]Read more

WG Discussion Points

"Biden The Deficit Hawk" Doesn't Fly With Voters

WG Discussion Points | David Winston

March 10, 2023

According to Politico, "Biden is trying out a new economic persona: deficit
hawk." To the astonishment of Congressional Republicans, and perhaps also
the Congressional Budget Office that has calculated $6 trillion in
record-breaking spending for three consecutive years, President Biden is
portraying his administration as a "model of fiscal restraint." More from
Politico: "The president has made a fresh effort to sell his administration
as a model of fiscal restraint in recent weeks, casting falling deficits as
an increasingly central focus of his agenda. Biden now routinely touts a
$1.7 trillion drop in the deficit on his watch as a top accomplishment."

[6]WG Discussion Points, March 10, 2023[63].pdf

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