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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. WG Economy, March 15, 2023.pdf
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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. Read more
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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. Read more
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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. Read more
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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. Read more
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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."
WG Discussion Points, March 10, 2023[63].pdf
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